IDP Education (IDP Education) Change In Receivables : $0.0 Mil (TTM As of Dec. 2023)

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What is IDP Education Change In Receivables?

IDP Education's change in receivables for the quarter that ended in Dec. 2023 was $0.0 Mil. It means IDP Education's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

IDP Education's change in receivables for the fiscal year that ended in Jun. 2023 was $0.0 Mil. It means IDP Education's Accounts Receivable stayed the same from Jun. 2022 to Jun. 2023 .

IDP Education's Accounts Receivable for the quarter that ended in Dec. 2023 was $100.4 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. IDP Education's Days Sales Outstanding for the six months ended in Dec. 2023 was 47.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. IDP Education's liquidation value for the six months ended in Dec. 2023 was $-317.0 Mil.

IDP Education Change In Receivables Historical Data

The historical data trend for IDP Education'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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IDP Education Change In Receivables Chart

IDP Education Annual Data

Trend

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Jun23

Change In Receivables

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IDP Education Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial												-	-	-	-	-

IDP Education 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

IDP Education (OTCPK:IDPUF) 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.

IDP Education's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	100.443	/	386.487	*	91
=	47.43

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

IDP Education's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	94.988	-	487.305	+	0.75 * 100.443	+	0.5 * 0
=	-317.0

IDP Education Change In Receivables Related Terms

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IDP Education (IDP Education) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » IDP Education Ltd (OTCPK:IDPUF) » Definitions » Change In Receivables

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03F:Germany IEL:Australia

Address

697 Collins Street, Level 10, Docklands, VIC, AUS, 3008

Website

https://www.idp.com

IDP Education is a global leader in English language testing and student placement services, constituting 64% and 27% of fiscal 2022 group revenue, respectively. Additionally, IDP operates English language schools, organizes education events and delivers consultancy services to education institutions, which constitutes the remainder of group revenue. Originally established in Australia as an aid body for Southeast Asia, today IDP operates one of the world's most widely accepted English language tests and one of the world's largest student placement services businesses, predominantly connecting prospective migrants from India and China to Australia, Canada, and the United Kingdom.