Pagaya Technologies (Pagaya Technologies) Change In Receivables : $-29.3 Mil (TTM As of Mar. 2024)

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What is Pagaya Technologies Change In Receivables?

Pagaya Technologies's change in receivables for the quarter that ended in Mar. 2024 was $-8.9 Mil. It means Pagaya Technologies's Accounts Receivable increased by $8.9 Mil from Dec. 2023 to Mar. 2024 .

Pagaya Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-20.7 Mil. It means Pagaya Technologies's Accounts Receivable increased by $20.7 Mil from Dec. 2022 to Dec. 2023 .

Pagaya Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was $87.4 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. Pagaya Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pagaya Technologies's liquidation value for the three months ended in Mar. 2024 was $-416.0 Mil.

Pagaya Technologies Change In Receivables Historical Data

The historical data trend for Pagaya Technologies'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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Pagaya Technologies Change In Receivables Chart

Pagaya Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-19.72

-27.56

-46.45

-20.74

Pagaya Technologies Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial								-0.35	-7.26	-0.06	-13.07	-8.88

Pagaya Technologies 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 $-29.3 Mil.

Pagaya Technologies (NAS:PGY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	87.37	/	237.004	*	91
=	33.64

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

Pagaya Technologies'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)
=	275.793	-	757.276	+	0.75 * 87.37	+	0.5 * 0
=	-416.0

Pagaya Technologies Change In Receivables Related Terms

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Pagaya Technologies (Pagaya Technologies) Business Description

Industry

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Traded in Other Exchanges

N/A

Address

Derech Menachem Begin 121, Azrieli Sarona Building, 54th Floor, Tel-Aviv, ISR, 6701203

Website

https://www.pagaya.com

Pagaya Technologies Ltd is a financial technology company working to reshape the lending marketplace by using machine learning, big data analytics, and sophisticated AI-driven credit and analysis technology. It was built to provide a comprehensive solution to enable the credit industry to deliver customers a positive experience while simultaneously enhancing the broader credit ecosystem. Its proprietary API seamlessly integrates into its next-gen infrastructure network of partners to deliver a premium customer user experience and greater access to credit.