Bit Brother (FRA:29D) Change In Receivables : €0.00 Mil (TTM As of Jun. 2023)

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What is Bit Brother Change In Receivables?

Bit Brother's change in receivables for the quarter that ended in Jun. 2023 was €0.00 Mil. It means Bit Brother's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Bit Brother's change in receivables for the fiscal year that ended in Jun. 2023 was €-0.01 Mil. It means Bit Brother's Accounts Receivable increased by €0.01 Mil from Jun. 2022 to Jun. 2023 .

Bit Brother's Accounts Receivable for the quarter that ended in Jun. 2023 was €0.01 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. Bit Brother's Days Sales Outstanding for the six months ended in Jun. 2023 was 0.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bit Brother's liquidation value for the six months ended in Jun. 2023 was €1.94 Mil.

Bit Brother Change In Receivables Historical Data

The historical data trend for Bit Brother'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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Bit Brother Change In Receivables Chart

Bit Brother Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-0.12

-0.01

0.03

-0.01

Bit Brother Semi-Annual Data
	Oct13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial															-	0.06	-0.06	-	-

Bit Brother 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

Bit Brother (FRA:29D) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.008	/	2.077	*	91
=	0.70

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

Bit Brother'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)
=	4.955	-	3.106	+	0.75 * 0.008	+	0.5 * 0.174
=	1.94

Bit Brother Change In Receivables Related Terms

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Bit Brother (FRA:29D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bit Brother Ltd (FRA:29D) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

BETS:USA 29D:Germany

Address

53 Binjiang Road, 15/F, Block A, Kineer Business Centre, Yuelu District, Changsha, Hunan, CHN, 410023

Website

https://www.bitbrother.com

Bit Brother Ltd formerly Urban Tea Inc through its subsidiaries operates in two business segments, Tea shop chains and block chain and digital asset mining. Through Tea shop chains the company is engaged in specialty tea product distribution and retail business. The company offers trendy tea drinks, light meals, and pastries through its stores. Through its Blockchain technology and digital asset mining business, the company is engaged in research and development of a digital currency wallet, the integrated operation and management of supercomputer servers, and financial services, targeting both individual and institutional users. The majority of the revenue for the company is generated from its Tea shop chains.

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