ATIF Holdings (ATIF Holdings) Change In Receivables : $1.15 Mil (TTM As of Jan. 2024)

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What is ATIF Holdings Change In Receivables?

ATIF Holdings's change in receivables for the quarter that ended in Jan. 2024 was $0.18 Mil. It means ATIF Holdings's Accounts Receivable declined by $0.18 Mil from Oct. 2023 to Jan. 2024 .

ATIF Holdings's change in receivables for the fiscal year that ended in Jul. 2023 was $-1.25 Mil. It means ATIF Holdings's Accounts Receivable increased by $1.25 Mil from Jul. 2022 to Jul. 2023 .

ATIF Holdings's Accounts Receivable for the quarter that ended in Jan. 2024 was $0.50 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. ATIF Holdings's Days Sales Outstanding for the three months ended in Jan. 2024 was 1,825.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ATIF Holdings's liquidation value for the three months ended in Jan. 2024 was $-0.92 Mil.

ATIF Holdings Change In Receivables Historical Data

The historical data trend for ATIF 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.

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ATIF Holdings Change In Receivables Chart

ATIF Holdings Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Receivables

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-1.40

-0.67

-1.12

-1.25

ATIF Holdings Quarterly Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial														-1.49	-0.10	0.50	0.57	0.18

ATIF 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.

Change In Receivables for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.15 Mil.

ATIF Holdings (NAS:ATIF) 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.

ATIF Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.5	/	0.025	*	91
=	1,825.00

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

ATIF Holdings's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.688	-	1.982	+	0.75 * 0.5	+	0.5 * 0
=	-0.92

ATIF Holdings Change In Receivables Related Terms

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ATIF Holdings (ATIF Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ATIF Holdings Ltd (NAS:ATIF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

25391 Commercentre Dr, Ste 200, Lake Forest, CA, USA, 92630

Website

https://www.atifchina.com

ATIF Holdings Ltd is a consulting company. It provides financial and advisory services to small and medium-sized enterprises and also to individual customers and families. The firm also offers Pre-IPO's, and Post-IPO's services. It operates in one operating segment which is the consulting service business. It generates the majority of its revenue from the USA.

Executives

Liu Kwong Sang	director	1003 10/F RIGHTFUL CENTER, 12 TAK HING STREET TSIM SHA TSUI, KOWLOON K3 00000
Jun Liu	director, 10 percent owner, officer: Chief Executive Officer	ROOM 3803 DACHONG INT'L CENTRE, 39 TONGGU RD, NANSHAN DISTRICT, SHENZHEN F4 518000
Lei Yang	director	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yongyuan Chen	director	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Yue Ming	director, officer: Chief Financial Officer	ROOM 2803, DACHONG BUSINESS CENTRE, DACHONG 1ST ROAD, NANSHAN DISTRICT, SHENZHEN F4 518000
Tianzhen Investments Ltd	10 percent owner	25391 COMMERCENTRE DR., STE 200, LAKE FOREST CA 92630