Franchise Group (FRA:3HC) Change In Receivables : €0 Mil (TTM As of Jun. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Franchise Group Change In Receivables?

Franchise Group's change in receivables for the quarter that ended in Jun. 2023 was €0 Mil. It means Franchise Group's Accounts Receivable stayed the same from Mar. 2023 to Jun. 2023 .

Franchise Group's change in receivables for the fiscal year that ended in Dec. 2022 was €-99 Mil. It means Franchise Group's Accounts Receivable increased by €99 Mil from Dec. 2021 to Dec. 2022 .

Franchise Group's Accounts Receivable for the quarter that ended in Jun. 2023 was €197 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. Franchise Group's Days Sales Outstanding for the three months ended in Jun. 2023 was 18.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Franchise Group's liquidation value for the three months ended in Jun. 2023 was €-2,498 Mil.

Franchise Group Change In Receivables Historical Data

The historical data trend for Franchise Group'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.

Franchise Group Change In Receivables Chart

Franchise Group Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Change In Receivables

Get a 7-Day Free Trial

-1.84

-3.43

-22.91

-34.28

-99.17

Franchise Group Quarterly Data
	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Franchise Group 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 quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Franchise Group (FRA:3HC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	197.427	/	958.707	*	91
=	18.79

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

Franchise Group'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)
=	98.082	-	3088.755	+	0.75 * 197.427	+	0.5 * 689.253
=	-2,498

Franchise Group Change In Receivables Related Terms

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

Franchise Group (FRA:3HC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Franchise Group Inc (FRA:3HC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

109 Innovation Court, Suite J, Delaware, OH, USA, 43015

Website

https://www.franchisegrp.com

Franchise Group Inc is a personal services company that provides retail federal and state income tax preparation services and related tax settlement products. The vast majority of these offices operate in the United States under the Liberty Tax Service and SiempreTax+ brand names. Liberty Tax also provides online do-it-yourself tax programs within the U.S. The sale of financial products and tax preparation service fees also contribute to sizable percentages of the company's total income. Liberty Tax also operates a smaller portfolio of wholly-owned company offices. The company's reportable segments are Vitamin Shoppe, Pet Supplies Plus, Badcock, American Freight, Buddy's and Sylvan.

Franchise Group (FRA:3HC) Headlines

No Headlines