UP Fintech Holding (UP Fintech Holding) Change In Receivables : $0.0 Mil (TTM As of Mar. 2024)

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What is UP Fintech Holding Change In Receivables?

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

UP Fintech Holding's change in receivables for the fiscal year that ended in Dec. 2023 was $306.1 Mil. It means UP Fintech Holding's Accounts Receivable declined by $306.1 Mil from Dec. 2022 to Dec. 2023 .

UP Fintech Holding's Accounts Receivable for the quarter that ended in Mar. 2024 was $798.8 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. UP Fintech Holding's Days Sales Outstanding for the three months ended in Mar. 2024 was 923.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. UP Fintech Holding's liquidation value for the three months ended in Mar. 2024 was $-2,272.5 Mil.

UP Fintech Holding Change In Receivables Historical Data

The historical data trend for UP Fintech Holding'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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UP Fintech Holding Change In Receivables Chart

UP Fintech Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-284.54

-868.74

-374.87

-57.38

306.11

UP Fintech Holding Quarterly Data
	Jun19	Sep19	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															-	-	-	-	-

UP Fintech Holding 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.

UP Fintech Holding (NAS:TIGR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	798.759	/	78.948	*	91
=	923.22

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

UP Fintech Holding'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)
=	622.175	-	3493.728	+	0.75 * 798.759	+	0.5 * 0
=	-2,272.5

UP Fintech Holding Change In Receivables Related Terms

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UP Fintech Holding (UP Fintech Holding) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » UP Fintech Holding Ltd (NAS:TIGR) » Definitions » Change In Receivables

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Traded in Other Exchanges

TIGR:Mexico 0A32:UK 1M5:Germany

Address

No. 16 Taiyanggong Middle Road, 18th Floor, Grandyvic Building, No. 1 Building, Chaoyang District, Beijing, CHN, 100020

Website

https://www.itiger.com

UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support. Clients may use Tiger's flagship mobile trading APP, Tiger Trade, to trade equities in The U.S., Hong Kong, Singapore, and Australia as well as futures, options, and funds.