Freightos (Freightos) Change In Receivables : $0.50 Mil (TTM As of Mar. 2024)

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What is Freightos Change In Receivables?

Freightos's change in receivables for the quarter that ended in Mar. 2024 was $-0.12 Mil. It means Freightos's Accounts Receivable increased by $0.12 Mil from Dec. 2023 to Mar. 2024 .

Freightos's change in receivables for the fiscal year that ended in Dec. 2023 was $0.23 Mil. It means Freightos's Accounts Receivable declined by $0.23 Mil from Dec. 2022 to Dec. 2023 .

Freightos's Accounts Receivable for the quarter that ended in Mar. 2024 was $2.04 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. Freightos's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Freightos's liquidation value for the three months ended in Mar. 2024 was $34.94 Mil.

Freightos Change In Receivables Historical Data

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

Freightos Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

1.02

-1.14

-0.08

0.23

Freightos Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-0.38	-0.94	0.65	0.91	-0.12

Freightos 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.50 Mil.

Freightos (NAS:CRGO) 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.

Freightos's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.039	/	5.355	*	91
=	34.74

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

Freightos's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	49.813	-	16.402	+	0.75 * 2.039	+	0.5 * 0
=	34.94

Freightos Change In Receivables Related Terms

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Freightos (Freightos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Freightos Ltd (NAS:CRGO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Derech Agudat Sport HaPo’el, Technology Park Building 2, Jerusalem, ISR, 9695102

Website

https://www.freightos.com

Freightos Ltd operates as a vendor-neutral booking and payment platform for international freight. Its platform supports supply chain efficiency and agility by enabling real-time procurement of ocean and air shipping across more than ten thousand importers/exporters. forwarders, and dozens of airlines and ocean carriers. WebCargo by Freightos is a freight platform connecting carriers and forwarders in particular an air cargo eBooking platform. Freightos.com is a digital international freight marketplace for importers and exporters for instant pricing, booking, and shipment management. The company operates in two segments-Platform segment and Solutions segment. Geographically, the company operates in Europe, Hong Kong, United States which is majority revenue generator and others.