iPower (iPower) Change In Receivables : $-1.17 Mil (TTM As of Mar. 2024)

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What is iPower Change In Receivables?

iPower's change in receivables for the quarter that ended in Mar. 2024 was $-5.08 Mil. It means iPower's Accounts Receivable increased by $5.08 Mil from Dec. 2023 to Mar. 2024 .

iPower's change in receivables for the fiscal year that ended in Jun. 2023 was $3.33 Mil. It means iPower's Accounts Receivable declined by $3.33 Mil from Jun. 2022 to Jun. 2023 .

iPower's Accounts Receivable for the quarter that ended in Mar. 2024 was $16.84 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. iPower's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. iPower's liquidation value for the three months ended in Mar. 2024 was $-10.17 Mil.

iPower Change In Receivables Historical Data

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

iPower Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

-3.37

-2.43

-1.83

-9.54

3.33

iPower Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial														-4.06	1.61	0.83	1.47	-5.08

iPower 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 $-1.17 Mil.

iPower (NAS:IPW) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	16.844	/	23.309	*	91
=	65.94

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

iPower'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)
=	2.715	-	31.449	+	0.75 * 16.844	+	0.5 * 11.872
=	-10.17

iPower Change In Receivables Related Terms

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iPower (iPower) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » iPower Inc (NAS:IPW) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

8798 9th Street, Rancho Cucamonga, CA, USA, 91730

Website

https://www.meetipower.com

iPower Inc is online hydroponic equipment and accessory retailer and supplier in North America. The company sells products through own website as well as online channel partners that include Amazon, Walmart, and eBay.

Executives

Kevin Vassily	director, officer: Chief Financial Officer	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Chenlong Tan	director, 10 percent owner, officer: Chief Executive Officer	2399 BATEMAN AVE., IRWINDALE CA 91010
Hanxi Li	director	C/O IPOWER, INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Danilo Cacciamatta	director
Tchaikovsky Bennet Price Jr	director	11601 WILSHIRE BOULEVARD, SUITE 2150, LOS ANGELES CA 90025
Kevin Liles	director	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010