Solowin Holdings (Solowin Holdings) Change In Receivables : $-1.75 Mil (TTM As of Sep. 2023)

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What is Solowin Holdings Change In Receivables?

Solowin Holdings's change in receivables for the quarter that ended in Sep. 2023 was $-0.76 Mil. It means Solowin Holdings's Accounts Receivable increased by $0.76 Mil from Mar. 2023 to Sep. 2023 .

Solowin Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was $-1.15 Mil. It means Solowin Holdings's Accounts Receivable increased by $1.15 Mil from Mar. 2022 to Mar. 2023 .

Solowin Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was $1.05 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. Solowin Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 72.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Solowin Holdings's liquidation value for the six months ended in Sep. 2023 was $1.18 Mil.

Solowin Holdings Change In Receivables Historical Data

The historical data trend for Solowin Holdings'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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Solowin Holdings Change In Receivables Chart

Solowin Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Change In Receivables

-0.11

-0.19

-1.15

Solowin Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			-0.33	0.14	-0.15	-1.00	-0.76

Solowin Holdings 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.75 Mil.

Solowin Holdings (NAS:SWIN) 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.

Solowin Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.052	/	2.64	*	91
=	72.72

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

Solowin Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.377	-	5.988	+	0.75 * 1.052	+	0.5 * 0
=	1.18

Solowin Holdings Change In Receivables Related Terms

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Solowin Holdings (Solowin Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Solowin Holdings Ltd (NAS:SWIN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.solomonwin.com.hk

Solowin Holdings is a investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its advanced and secured one-stop electronic platform. It is primarily engaged in providing securities related services, investment advisory service, and asset management service to customers.

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