Engage XR Holdings (LSE:EXR) Change In Receivables : £0.15 Mil (TTM As of Dec. 2023)

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What is Engage XR Holdings Change In Receivables?

Engage XR Holdings's change in receivables for the quarter that ended in Dec. 2023 was £0.22 Mil. It means Engage XR Holdings's Accounts Receivable declined by £0.22 Mil from Jun. 2023 to Dec. 2023 .

Engage XR Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was £0.15 Mil. It means Engage XR Holdings's Accounts Receivable declined by £0.15 Mil from Dec. 2022 to Dec. 2023 .

Engage XR Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was £0.51 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. Engage XR Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 66.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Engage XR Holdings's liquidation value for the six months ended in Dec. 2023 was £6.59 Mil.

Engage XR Holdings Change In Receivables Historical Data

The historical data trend for Engage XR Holdings'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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Engage XR Holdings Change In Receivables Chart

Engage XR Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.16

-0.14

-0.25

-0.63

0.15

Engage XR Holdings Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial								-0.03	-0.38	-0.24	-0.07	0.22

Engage XR Holdings 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 £0.15 Mil.

Engage XR Holdings (LSE:EXR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.51	/	1.392	*	91
=	66.86

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

Engage XR Holdings'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)
=	6.815	-	0.606	+	0.75 * 0.51	+	0.5 * 0
=	6.59

Engage XR Holdings Change In Receivables Related Terms

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Engage XR Holdings (LSE:EXR) Business Description

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6VR:Germany

Address

Old Kilmeaden Road, Unit 9 Cleaboy Business Park, Waterford, IRL, X91 AX83

Website

https://www.engagevr.io

Engage XR Holdings PLC operates as a virtual reality software and technology company in Ireland. It is engaged in the development of the educational Virtual Reality platform - ENGAGE. The company also develops and sells online virtual social learning and presentation platforms for creating, sharing, and delivering proprietary and third-party VR content for educational and corporate training purposes. Its products include ENGAGE platform, 1943 Berlin Blitz, Titanic VR, Apollo 11 VR, and RCSI medical training app.