Helia Group (ASX:HLI) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2023)

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What is Helia Group Change In Receivables?

Helia Group's change in receivables for the quarter that ended in Dec. 2023 was A$0.0 Mil. It means Helia Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Helia Group's change in receivables for the fiscal year that ended in Dec. 2023 was A$0.0 Mil. It means Helia Group's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Helia Group's Accounts Receivable for the quarter that ended in Dec. 2023 was A$17.6 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Helia Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 11.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Helia Group's liquidation value for the six months ended in Dec. 2023 was A$-1,991.6 Mil.

Helia Group Change In Receivables Historical Data

The historical data trend for Helia Group's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Helia Group Change In Receivables Chart

Helia Group Annual Data

Trend

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Change In Receivables

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Helia Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Helia Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

Helia Group (ASX:HLI) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Helia Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	17.608	/	289.65	*	91
=	11.09

2. In Ben Graham's calculation of liquidation value, Helia Group's accounts receivable are only considered to be worth 75% of book value:

Helia Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	57.049	-	2061.86	+	0.75 * 17.608	+	0.5 * 0
=	-1,991.6

Helia Group Change In Receivables Related Terms

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Helia Group (ASX:HLI) Business Description

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Address

101 Miller Street, Level 26, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.helia.com.au

Helia listed on the Australian Securities Exchange in 2014 after its U.S.-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is a provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower, however the premium is paid by the borrower. It's regulated by the Australian Prudential Regulation Authority, or APRA, which requires it to meet minimum regulatory capital requirements.