GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Change In Receivables

AtlasClear Holdings (AtlasClear Holdings) Change In Receivables : $1.50 Mil (TTM As of Jun. 2023)


View and export this data going back to 2024. Start your Free Trial

What is AtlasClear Holdings Change In Receivables?

AtlasClear Holdings's change in receivables for the quarter that ended in Jun. 2023 was $1.50 Mil. It means AtlasClear Holdings's Accounts Receivable declined by $1.50 Mil from Jun. 2022 to Jun. 2023 .

AtlasClear Holdings's change in receivables for the fiscal year that ended in Jun. 2022 was $23.14 Mil. It means AtlasClear Holdings's Accounts Receivable declined by $23.14 Mil from . 20 to Jun. 2022 .

AtlasClear Holdings's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.20 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. AtlasClear Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 3.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AtlasClear Holdings's liquidation value for the six months ended in Jun. 2023 was $-21.41 Mil.

AtlasClear Holdings Change In Receivables Historical Data

The historical data trend for AtlasClear Holdings'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.

* Premium members only.

AtlasClear Holdings Change In Receivables Chart

AtlasClear Holdings Annual Data
Trend Jun22
Change In Receivables
23.14

AtlasClear Holdings Semi-Annual Data
Jun22 Jun23
Change In Receivables 23.14 1.50

AtlasClear Holdings 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 was $1.50 Mil.

* 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.

AtlasClear Holdings  (AMEX:ATCH) 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.

AtlasClear Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.196/9.089*91
=3.94

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

AtlasClear Holdings's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=9.098-30.652+0.75 * 0.196+0.5 * 0
=-21.41

* 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.

AtlasClear Holdings Change In Receivables Related Terms

Thank you for viewing the detailed overview of AtlasClear Holdings's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

AtlasClear Holdings (AtlasClear Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Change In Receivables
Comparable Companies
Traded in Other Exchanges
N/A
Address
4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607
Website
https://www.atlasclear.com
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement and banking of evolving and innovative financial products with a focus on financial services firms, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines

From GuruFocus

Thinking about buying stock in MicroCloud Hologram, CleanSpark, Cardiol Therapeutics, Atlasclear Holdings, or EZCORP?

By PRNewswire • 02-26-2024