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SDM (Smart Digital Group) Change In Receivables : $-0.87 Mil (TTM As of Sep. 2024)


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What is Smart Digital Group Change In Receivables?

Smart Digital Group's change in receivables for the quarter that ended in Sep. 2024 was $5.28 Mil. It means Smart Digital Group's Accounts Receivable declined by $5.28 Mil from Mar. 2024 to Sep. 2024 .

Smart Digital Group's change in receivables for the fiscal year that ended in Sep. 2023 was $-6.51 Mil. It means Smart Digital Group's Accounts Receivable increased by $6.51 Mil from Sep. 2022 to Sep. 2023 .

Smart Digital Group's Accounts Receivable for the quarter that ended in Sep. 2024 was $10.21 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. Smart Digital Group's Days Sales Outstanding for the six months ended in Sep. 2024 was 140.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Smart Digital Group's liquidation value for the six months ended in Sep. 2024 was $0.57 Mil.

Smart Digital Group Change In Receivables Historical Data

The historical data trend for Smart Digital Group'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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Smart Digital Group Change In Receivables Chart

Smart Digital Group Annual Data
Trend Sep22 Sep23
Change In Receivables
-0.64 -6.51

Smart Digital Group Semi-Annual Data
Sep22 Mar23 Sep23 Mar24 Sep24
Change In Receivables - - -6.97 -6.15 5.28

Smart Digital Group 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.87 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.

Smart Digital Group  (NAS:SDM) 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.

Smart Digital Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.214/13.301*91
=140.14

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

Smart Digital Group's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.058-7.146+0.75 * 10.214+0.5 * 0
=0.57

* 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.

Smart Digital Group Change In Receivables Related Terms

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Smart Digital Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smart Digital Group Ltd (NAS:SDM) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
150 Beach Road, 805/06 Gateway West, Singapore, SGP, 189720
Website
http://www.smdmeta.com
Smart Digital Group Ltd is a holding company and operates through subsidiaries. It is engaged in event planning and execution services. The company services include (1) event planning and execution services (2) internet media services, (3) software customization and marketing services, and (4) business planning and consulting services. Company generates key revenue from internet media services which include developing marketing strategies, designing marketing content, distributing such marketing content on select internet platforms and other related services.