GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Montanaro UK Smaller Companies Inv Tr PLC (LSE:MTU) » Definitions » Accounts Receivable

Montanaro UK Smaller Inv Tr (LSE:MTU) Accounts Receivable : £0.00 Mil (As of Sep. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Montanaro UK Smaller Inv Tr Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Montanaro UK Smaller Inv Tr's accounts receivables for the quarter that ended in Sep. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Montanaro UK Smaller Inv Tr's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £-0.09.


Montanaro UK Smaller Inv Tr Accounts Receivable Historical Data

The historical data trend for Montanaro UK Smaller Inv Tr's Accounts Receivable 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.

* Premium members only.

Montanaro UK Smaller Inv Tr Accounts Receivable Chart

Montanaro UK Smaller Inv Tr Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Montanaro UK Smaller Inv Tr Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Montanaro UK Smaller Inv Tr Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Montanaro UK Smaller Inv Tr Accounts Receivable 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 receivables are being managed.

Montanaro UK Smaller Inv Tr's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-2.592*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Montanaro UK Smaller Inv Tr's accounts receivable are only considered to be worth 75% of book value:

Montanaro UK Smaller Inv Tr's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.902+0.75 * 0+0.5 * 0-20.555
-0-0)/167.38
=-0.09

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Montanaro UK Smaller Inv Tr Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Montanaro UK Smaller Inv Tr's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Montanaro UK Smaller Inv Tr (LSE:MTU) Business Description

Traded in Other Exchanges
Address
65 Gresham Street, 6th Floor, London, GBR, EC2V 7NQ
Montanaro UK Smaller Companies Inv Tr PLC is a United Kingdom-based company. Its investment objective is capital appreciation through investing in small quoted companies, which are listed on the London Stock Exchange or traded on the Alternative Investment Market ( AIM) and to outperform its benchmark, the Numis Smaller Companies Index. The company seeks to achieve its objective by investing in a diversified portfolio of quoted UK small companies.

Montanaro UK Smaller Inv Tr (LSE:MTU) Headlines

No Headlines