Intelligent Group (Intelligent Group) Change In Receivables : $-0.63 Mil (TTM As of Nov. 2023)

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What is Intelligent Group Change In Receivables?

Intelligent Group's change in receivables for the quarter that ended in Nov. 2023 was $-0.36 Mil. It means Intelligent Group's Accounts Receivable increased by $0.36 Mil from May. 2023 to Nov. 2023 .

Intelligent Group's change in receivables for the fiscal year that ended in Nov. 2023 was $-0.63 Mil. It means Intelligent Group's Accounts Receivable increased by $0.63 Mil from Nov. 2022 to Nov. 2023 .

Intelligent Group's Accounts Receivable for the quarter that ended in Nov. 2023 was $0.69 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. Intelligent Group's Days Sales Outstanding for the six months ended in Nov. 2023 was 79.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Intelligent Group's liquidation value for the six months ended in Nov. 2023 was $1.58 Mil.

Intelligent Group Change In Receivables Historical Data

The historical data trend for Intelligent 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.

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Intelligent Group Change In Receivables Chart

Intelligent Group Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

Change In Receivables

-0.07

-0.50

0.18

-0.63

Intelligent Group Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Change In Receivables	Get a 7-Day Free Trial			-0.26	-0.05	0.23	-0.26	-0.36

Intelligent 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.63 Mil.

Intelligent Group (NAS:INTJ) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.694	/	1.59	*	91
=	79.66

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

Intelligent Group's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.24	-	2.182	+	0.75 * 0.694	+	0.5 * 0
=	1.58

Intelligent Group Change In Receivables Related Terms

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Intelligent Group (Intelligent Group) Business Description

Industry

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Traded in Other Exchanges

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Address

18 Harcourt Road, Unit 2803, Level 28, Tower 1, Admiralty Centre, Admiralty, Hong Kong, HKG

Website

http://www.intelligentjoy.com

Intelligent Group Ltd is a professional services provider in Hong Kong that principally engages in the provision of Financial PR services. The company provides a substantial number of holistic and comprehensive Financial PR services to its clients through IJL, its key operating entity in Hong Kong. It advises its clients on their communications and reputation management efforts. Its Financial PR services include creating multi-stakeholder communications programs, arranging press conferences and interviews, participating in the preparation of news releases and shareholders' meetings, monitoring news publications, identifying shareholders, targeting potential investors, organizing corporate events, and implementing crisis management policies and procedures.