NETSOL Technologies (FRA:NS9B) Change In Receivables : €-10.59 Mil (TTM As of Mar. 2024)

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What is NETSOL Technologies Change In Receivables?

NETSOL Technologies's change in receivables for the quarter that ended in Mar. 2024 was €-8.57 Mil. It means NETSOL Technologies's Accounts Receivable increased by €8.57 Mil from Dec. 2023 to Mar. 2024 .

NETSOL Technologies's change in receivables for the fiscal year that ended in Jun. 2023 was €-4.94 Mil. It means NETSOL Technologies's Accounts Receivable increased by €4.94 Mil from Jun. 2022 to Jun. 2023 .

NETSOL Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was €14.56 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. NETSOL Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 93.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NETSOL Technologies's liquidation value for the three months ended in Mar. 2024 was €0.32 Mil.

NETSOL Technologies Change In Receivables Historical Data

The historical data trend for NETSOL Technologies'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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NETSOL Technologies Change In Receivables Chart

NETSOL Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

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Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-12.13

0.75

8.05

-6.57

-4.94

NETSOL Technologies 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															-4.38	-3.44	2.93	-1.51	-8.57

NETSOL Technologies 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 €-10.59 Mil.

NETSOL Technologies (FRA:NS9B) 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.

NETSOL Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	14.56	/	14.228	*	91
=	93.38

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

NETSOL Technologies'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)
=	11.352	-	21.953	+	0.75 * 14.56	+	0.5 * 0
=	0.32

NETSOL Technologies Change In Receivables Related Terms

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NETSOL Technologies (FRA:NS9B) Business Description

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NTWK:USA

Address

16000 Ventura Blvd, Suite 770, Encino, CA, USA, 91436

Website

https://www.netsoltech.com

NETSOL Technologies Inc is involved in providing information technology and enterprise software solutions. Its products and services include NFS Ascent, NFS Digital, Leasepak Cloud, Business consultancy, and information security services among others. The firm has North America, Europe, and Asia-Pacific segments, of which the majority of the revenue is derived from Asia-Pacific. It derives revenue from licensing, customization, enhancements, and maintenance of its financial applications. The company promotes and sells its products under the Netsol financial suite.

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