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Alta Global Group (Alta Global Group) Change In Receivables : $0.34 Mil (TTM As of Jun. 2023)


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What is Alta Global Group Change In Receivables?

Alta Global Group's change in receivables for the quarter that ended in Jun. 2023 was $0.34 Mil. It means Alta Global Group's Accounts Receivable declined by $0.34 Mil from Jun. 2022 to Jun. 2023 .

Alta Global Group's change in receivables for the fiscal year that ended in Jun. 2023 was $0.34 Mil. It means Alta Global Group's Accounts Receivable declined by $0.34 Mil from Jun. 2022 to Jun. 2023 .

Alta Global Group's Accounts Receivable for the quarter that ended in Jun. 2023 was $1.59 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. Alta Global Group's Days Sales Outstanding for the six months ended in Jun. 2023 was 280.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Alta Global Group's liquidation value for the six months ended in Jun. 2023 was $-22.07 Mil.

Alta Global Group Change In Receivables Historical Data

The historical data trend for Alta Global 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.

Alta Global Group Change In Receivables Chart

Alta Global Group Annual Data
Trend Jun22 Jun23
Change In Receivables
0.09 0.34

Alta Global Group Semi-Annual Data
Jun22 Jun23
Change In Receivables 0.09 0.34

Alta Global 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 was $0.34 Mil.

* 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.

Alta Global Group  (AMEX:MMA) 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.

Alta Global 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
=1.588/1.032*91
=280.82

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

Alta Global 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)
=2.485-25.748+0.75 * 1.588+0.5 * 0
=-22.07

* 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.

Alta Global Group Change In Receivables Related Terms

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Alta Global Group (Alta Global Group) Business Description

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Address
Level 1, 29-33, Suite 1, The Corso, Manly, Sydney, NSW, AUS, 2095
Website
https://www.trainalta.com
Alta Global Group Ltd is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.

Alta Global Group (Alta Global Group) Headlines

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