Iris Energy (Iris Energy) Change In Receivables : $0.0 Mil (TTM As of Mar. 2024)

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What is Iris Energy Change In Receivables?

Iris Energy's change in receivables for the quarter that ended in Mar. 2024 was $0.0 Mil. It means Iris Energy's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Iris Energy's change in receivables for the fiscal year that ended in Jun. 2023 was $17.6 Mil. It means Iris Energy's Accounts Receivable declined by $17.6 Mil from Jun. 2022 to Jun. 2023 .

Iris Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.6 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. Iris Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Iris Energy's liquidation value for the three months ended in Mar. 2024 was $217.2 Mil.

Iris Energy Change In Receivables Historical Data

The historical data trend for Iris Energy'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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Iris Energy Change In Receivables Chart

Iris Energy Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Change In Receivables

-0.33

-0.42

-0.07

17.64

Iris Energy Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									-	-	-	-	-

Iris Energy 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 $0.0 Mil.

Iris Energy (NAS:IREN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.567	/	53.95	*	91
=	0.96

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

Iris Energy'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)
=	263.12	-	46.363	+	0.75 * 0.567	+	0.5 * 0
=	217.2

Iris Energy Change In Receivables Related Terms

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Iris Energy (Iris Energy) Business Description

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F8P:Germany

Address

44 Market Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.irisenergy.co

Iris Energy Ltd is a Bitcoin mining company. It builds, owns, and operates data centers and electrical infrastructure for the mining of Bitcoin powered by renewable energy. The company's mining operations generate revenue by earning Bitcoin through a combination of block rewards and transaction fees from the operation of its specialized computers called Application-specific Integrated Circuits and exchanging these Bitcoin for currencies such as USD or CAD on a daily basis.