Gamma Communications (LSE:GAMA) Change In Receivables : £6.7 Mil (TTM As of Dec. 2023)

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What is Gamma Communications Change In Receivables?

Gamma Communications's change in receivables for the quarter that ended in Dec. 2023 was £3.2 Mil. It means Gamma Communications's Accounts Receivable declined by £3.2 Mil from Jun. 2023 to Dec. 2023 .

Gamma Communications's change in receivables for the fiscal year that ended in Dec. 2023 was £6.7 Mil. It means Gamma Communications's Accounts Receivable declined by £6.7 Mil from Dec. 2022 to Dec. 2023 .

Gamma Communications's Accounts Receivable for the quarter that ended in Dec. 2023 was £76.1 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. Gamma Communications's Days Sales Outstanding for the six months ended in Dec. 2023 was 52.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gamma Communications's liquidation value for the six months ended in Dec. 2023 was £68.9 Mil.

Gamma Communications Change In Receivables Historical Data

The historical data trend for Gamma Communications'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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Gamma Communications Change In Receivables Chart

Gamma Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-16.70

-6.10

-5.40

-10.10

6.70

Gamma Communications Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															2.80	-12.70	2.60	3.50	3.20

Gamma Communications 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 £6.7 Mil.

Gamma Communications (LSE:GAMA) 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.

Gamma Communications's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	76.1	/	265.5	*	91
=	52.31

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

Gamma Communications'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)
=	136.5	-	130.6	+	0.75 * 76.1	+	0.5 * 11.8
=	68.9

Gamma Communications Change In Receivables Related Terms

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Gamma Communications (LSE:GAMA) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Gamma Communications PLC (LSE:GAMA) » Definitions » Change In Receivables

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6GC:Germany

Address

Kings Road West, Kings House, Newbury, Berkshire, GBR, RG14 5BY

Website

https://www.gamma.co.uk

Gamma Communications PLC is a supplier of Unified Communications as a Service (UCaaS) in the United Kingdom and Dutch markets, supplying communication solutions directly and via its network of trusted channel partners. The company's product portfolio includes Unified Communications, SIP Trunking, Call Management, Mobile, and Connectivity. Its segments consist of UK Indirect, which sells products to channel partners; UK Direct which sells products to end-users in the SME, enterprise, and public sectors together with an associated service wrap; and European segment consists of sales made in Europe; and Central functions.

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