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Filtronic (FRA:FTI) Change In Receivables : €0.25 Mil (TTM As of Nov. 2023)


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What is Filtronic Change In Receivables?

Filtronic's change in receivables for the quarter that ended in Nov. 2023 was €0.88 Mil. It means Filtronic's Accounts Receivable declined by €0.88 Mil from May. 2023 to Nov. 2023 .

Filtronic's change in receivables for the fiscal year that ended in May. 2023 was €-0.96 Mil. It means Filtronic's Accounts Receivable increased by €0.96 Mil from May. 2022 to May. 2023 .

Filtronic's Accounts Receivable for the quarter that ended in Nov. 2023 was €5.22 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. Filtronic's Days Sales Outstanding for the six months ended in Nov. 2023 was 97.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Filtronic's liquidation value for the six months ended in Nov. 2023 was €1.17 Mil.


Filtronic Change In Receivables Historical Data

The historical data trend for Filtronic'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.

* Premium members only.

Filtronic Change In Receivables Chart

Filtronic Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.92 0.10 1.73 -1.29 -0.96

Filtronic Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Change In Receivables 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 -0.89 -0.41 -0.32 -0.63 0.88

Filtronic 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.25 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.


Filtronic  (FRA:FTI) 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.

Filtronic's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.223/9.746*91
=97.80

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

Filtronic's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.663-8.886+0.75 * 5.223+0.5 * 2.952
=1.17

* 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.


Filtronic Change In Receivables Related Terms

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Filtronic (FRA:FTI) Business Description

Traded in Other Exchanges
Address
Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, the Americas, and the Rest of the world.