Nanosonics (ASX:NAN) Change In Receivables : A$0.0 Mil (TTM As of Dec. 2023)

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What is Nanosonics Change In Receivables?

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

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

Nanosonics's Accounts Receivable for the quarter that ended in Dec. 2023 was A$31.3 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. Nanosonics's Days Sales Outstanding for the six months ended in Dec. 2023 was 71.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nanosonics's liquidation value for the six months ended in Dec. 2023 was A$104.5 Mil.

Nanosonics Change In Receivables Historical Data

The historical data trend for Nanosonics'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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Nanosonics Change In Receivables Chart

Nanosonics Annual Data

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Change In Receivables

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Nanosonics Semi-Annual Data
	Jun14	Dec14	Jun15	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															-	-	-	-	-

Nanosonics 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 A$0.0 Mil.

Nanosonics (ASX:NAN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	31.257	/	79.638	*	91
=	71.63

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

Nanosonics'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)
=	118.315	-	51.579	+	0.75 * 31.257	+	0.5 * 28.716
=	104.5

Nanosonics Change In Receivables Related Terms

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Nanosonics (ASX:NAN) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Nanosonics Ltd (ASX:NAN) » Definitions » Change In Receivables

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NNCSF:USA OQS:Germany

Address

7-11 Talavera Road, Level 1 Building A, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.nanosonics.com.au

Nanosonics is a single-product firm and its trophon device provides high-level disinfection of ultrasound probes used in semicritical procedures. The patented technology uses low temperature sonically activated hydrogen peroxide mist that is suitable for probes sensitive to damage. Automated HLD is increasingly being used as the standard of care globally as it is superior in preventing cross-infection across patients. Nanosonics' revenue is made up of capital sales of trophon units, ongoing consumables sales, and service revenue. At June 2022, there were 29,850 trophon units installed globally. Market penetration rates range from over 75% in Australia and New Zealand, roughly 44% in the U.S. to low-single-digit penetration in Europe, Middle East, and Africa, and elsewhere in Asia-Pacific.