Flux Power Holdings (Flux Power Holdings) Change In Receivables : $-0.55 Mil (TTM As of Mar. 2024)

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What is Flux Power Holdings Change In Receivables?

Flux Power Holdings's change in receivables for the quarter that ended in Mar. 2024 was $2.18 Mil. It means Flux Power Holdings's Accounts Receivable declined by $2.18 Mil from Dec. 2023 to Mar. 2024 .

Flux Power Holdings's change in receivables for the fiscal year that ended in Jun. 2023 was $-0.04 Mil. It means Flux Power Holdings's Accounts Receivable increased by $0.04 Mil from Jun. 2022 to Jun. 2023 .

Flux Power Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $10.40 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. Flux Power Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Flux Power Holdings's liquidation value for the three months ended in Mar. 2024 was $-12.23 Mil.

Flux Power Holdings Change In Receivables Historical Data

The historical data trend for Flux Power 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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Flux Power Holdings Change In Receivables Chart

Flux Power Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-1.47

-0.65

-3.03

-2.51

-0.04

Flux Power Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.61	1.20	-2.05	-1.88	2.18

Flux Power 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.55 Mil.

Flux Power Holdings (NAS:FLUX) 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.

Flux Power Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.404	/	14.457	*	91
=	65.67

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

Flux Power Holdings's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.25	-	31.366	+	0.75 * 10.404	+	0.5 * 20.174
=	-12.23

Flux Power Holdings Change In Receivables Related Terms

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Flux Power Holdings (Flux Power Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Flux Power Holdings Inc (NAS:FLUX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2685 S. Melrose Drive, Vista, CA, USA, 92081

Website

https://www.fluxpower.com

Flux Power Holdings Inc design, develop, manufacture, and sell a portfolio of lithium-ion energy storage solutions for electrification of a range of industrial commercial sectors which include material handling, airport ground support equipment (GSE), and other commercial and industrial applications It offers a high-power battery cell management system(BMS). The company's BMS provides three functions to its battery systems which include Cell Balancing, Monitoring, and Error Reporting.

Executives

Jeffrey Curtis Mason	officer: Vice President of Operations	2685 S MELROSE DR, VISTA CA 92081
Charles Scheiwe	officer: CFO & Secretary	1135 BAJA WAY, SAN MARCOS CA 92078
Ronald F Dutt	officer: CFO	C/O SOLA INTERNATIONAL INC, 10590 W. OCEAN AIR DR. #300, SAN DIEGO CA 92130
Michael Johnson	10 percent owner	2240 AUTO PARK WAY, ESCONDIDO CA 92029
Esenjay Investments, Llc	10 percent owner	500 NORTH WATER ST., STE 1100 SOUTH, CORPUS CHRISTI TX 78401
Lisa Walters-hoffert	director	C/O DARE BIOSCIENCE, INC., 10210 CAMPUS POINT DRIVE, SUITE 150, SAN DIEGO CA 92121
Cheemin Bo-linn	director	4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Jonathan Andrew Berry	officer: COO	985 POINSETTIA AVE STE A, VISTA CA 92081
Cosentino John A Jr	director	C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Dale Thomas Robinette	director	15774 SUNSET DRIVE, POWAY CA 92064
Cleveland Capital Management, L.l.c.	10 percent owner	1250 LINDA ST., SUITE 304, ROCKY RIVER OH 44116
Wade Massad	10 percent owner	1414 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Timothy Collins	director	100 PINE STREET, SUITE 605, SAN FRANCISCO CA 94111
James Gevarges	10 percent owner	2240 AUTO PARK WAY, ESCONDIDO CA 92029
Christopher Lee Anthony	director, 10 percent owner, officer: Chairman, CEO, President	2240 AUTO PARK WAY, ESCONDIDO CA 92029