Argo Blockchain (LSE:ARB) Change In Receivables : £-1.00 Mil (TTM As of Dec. 2023)

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What is Argo Blockchain Change In Receivables?

Argo Blockchain's change in receivables for the quarter that ended in Dec. 2023 was £2.67 Mil. It means Argo Blockchain's Accounts Receivable declined by £2.67 Mil from Sep. 2023 to Dec. 2023 .

Argo Blockchain's change in receivables for the fiscal year that ended in Dec. 2023 was £-0.91 Mil. It means Argo Blockchain's Accounts Receivable increased by £0.91 Mil from Dec. 2022 to Dec. 2023 .

Argo Blockchain's Accounts Receivable for the quarter that ended in Dec. 2023 was £0.89 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. Argo Blockchain's Days Sales Outstanding for the three months ended in Dec. 2023 was 5.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Argo Blockchain's liquidation value for the three months ended in Dec. 2023 was £-53.01 Mil.

Argo Blockchain Change In Receivables Historical Data

The historical data trend for Argo Blockchain'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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Argo Blockchain Change In Receivables Chart

Argo Blockchain Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-5.10

-0.09

-13.64

-21.47

-0.91

Argo Blockchain Quarterly Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial												-	-0.56	-0.16	-2.94	2.67

Argo Blockchain 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 quarterly data reported by the company within the most recent 12 months, which was £-1.00 Mil.

Argo Blockchain (LSE:ARB) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.893	/	13.91	*	91
=	5.86

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

Argo Blockchain'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)
=	6.184	-	59.868	+	0.75 * 0.893	+	0.5 * 0
=	-53.01

Argo Blockchain Change In Receivables Related Terms

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Argo Blockchain (LSE:ARB) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Argo Blockchain PLC (LSE:ARB) » Definitions » Change In Receivables

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ARBK:USA ARBKF:USA ARBl:UK 0XP:Germany

Address

27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH

Website

https://www.argoblockchain.com

Argo Blockchain PLC is a global data center business that provides a powerful and efficient platform for cryptocurrency mining operations. The company has operations in strategic locations in North America.