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


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What is Objective Change In Receivables?

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

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

Objective's Accounts Receivable for the quarter that ended in Dec. 2023 was A$8.4 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. Objective's Days Sales Outstanding for the six months ended in Dec. 2023 was 26.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Objective's liquidation value for the six months ended in Dec. 2023 was A$5.0 Mil.


Objective Change In Receivables Historical Data

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

Objective Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Receivables
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Objective Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Objective 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.

* 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.


Objective  (ASX:OCL) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.379/57.783*91
=26.46

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

Objective'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)
=67.109-68.414+0.75 * 8.379+0.5 * 0
=5.0

* 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.


Objective Change In Receivables Related Terms

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Objective (ASX:OCL) Business Description

Traded in Other Exchanges
N/A
Address
177 Pacific Highway, Level 30, North Sydney, Sydney, NSW, AUS, 2060
Objective Corporation is a founder-led technology company providing software and services for compliance with government regulations. Objective's primary business is its content management software for the Australian public sector, which ensures government information can be gathered, located, accessed, supplemented, authored, collaborated on, signed off on, and shared in a compliant manner. Objective also offers products which encompass industry-specific applications of enterprise content management software, such as for assessing building development applications, compiling new regulations and providing ministerial briefs.

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