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YY Group Holding (YY Group Holding) Change In Receivables : $-1.64 Mil (TTM As of Dec. 2023)


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What is YY Group Holding Change In Receivables?

YY Group Holding's change in receivables for the quarter that ended in Dec. 2023 was $-1.58 Mil. It means YY Group Holding's Accounts Receivable increased by $1.58 Mil from Jun. 2023 to Dec. 2023 .

YY Group Holding's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.64 Mil. It means YY Group Holding's Accounts Receivable increased by $1.64 Mil from Dec. 2022 to Dec. 2023 .

YY Group Holding's Accounts Receivable for the quarter that ended in Dec. 2023 was $7.04 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. YY Group Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 70.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. YY Group Holding's liquidation value for the six months ended in Dec. 2023 was $-0.78 Mil.

YY Group Holding Change In Receivables Historical Data

The historical data trend for YY Group 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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YY Group Holding Change In Receivables Chart

YY Group Holding Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
-1.48 -0.19 -1.64

YY Group Holding Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables - 0.15 -0.34 -0.06 -1.58

YY Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.64 Mil.

* 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.

YY Group Holding  (NAS:YYGH) 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.

YY Group Holding's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.038/18.113*91
=70.91

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

YY Group Holding'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)
=0.467-6.529+0.75 * 7.038+0.5 * 0
=-0.78

* 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.

YY Group Holding Change In Receivables Related Terms

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YY Group Holding (YY Group Holding) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » YY Group Holding Ltd (NAS:YYGH) » Definitions » Change In Receivables
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Address
60 Paya Lebar Road, 05-43 Paya Lebar Square, Singapore, SGP, 409051
Website
https://www.yygroupholding.com
YY Group Holding Ltd is a data and technology driven company focused on developing enterprise intelligent labor matching services and smart cleaning services founded in Singapore. It provides enterprise manpower outsourcing and smart cleaning services in Singapore and Malaysia. The group has two operating segment, which is cleaning services segment and manpower outsourcing services, Maximum revenue is generated from cleaning services.

YY Group Holding (YY Group Holding) Headlines

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