Spirit Technology Solutions (ASX:ST1) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2023)

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What is Spirit Technology Solutions Change In Receivables?

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

Spirit Technology Solutions's change in receivables for the fiscal year that ended in Jun. 2023 was A$0.0 Mil. It means Spirit Technology Solutions's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

Spirit Technology Solutions's Accounts Receivable for the quarter that ended in Dec. 2023 was A$8.4 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. Spirit Technology Solutions's Days Sales Outstanding for the six months ended in Dec. 2023 was 26.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Spirit Technology Solutions's liquidation value for the six months ended in Dec. 2023 was A$-56.8 Mil.

Spirit Technology Solutions Change In Receivables Historical Data

The historical data trend for Spirit Technology Solutions'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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Spirit Technology Solutions Change In Receivables Chart

Spirit Technology Solutions Annual Data

Trend

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Change In Receivables

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Spirit Technology Solutions 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															-	-	-	-	-

Spirit Technology Solutions 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.

Spirit Technology Solutions (ASX:ST1) 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.

Spirit Technology Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.378	/	57.006	*	91
=	26.82

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

Spirit Technology Solutions'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)
=	6.678	-	70.99	+	0.75 * 8.378	+	0.5 * 2.368
=	-56.8

Spirit Technology Solutions Change In Receivables Related Terms

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Spirit Technology Solutions (ASX:ST1) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Spirit Technology Solutions Ltd (ASX:ST1) » Definitions » Change In Receivables

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Address

19-25 Raglan Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.spirit.com.au

Spirit Technology Solutions Ltd provides telecommunication services, cloud services, managed IT services, and cyber security services to small and medium-sized businesses. It derives key revenue from Managed services followed by internet and data services. Geographically the group operates and generates revenue in Australia.

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