Hargreaves Services (LSE:HSP) Change In Receivables : £8.1 Mil (TTM As of Nov. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Hargreaves Services Change In Receivables?

Hargreaves Services's change in receivables for the quarter that ended in Nov. 2023 was £-10.9 Mil. It means Hargreaves Services's Accounts Receivable increased by £10.9 Mil from May. 2023 to Nov. 2023 .

Hargreaves Services's change in receivables for the fiscal year that ended in May. 2023 was £23.3 Mil. It means Hargreaves Services's Accounts Receivable declined by £23.3 Mil from May. 2022 to May. 2023 .

Hargreaves Services's Accounts Receivable for the quarter that ended in Nov. 2023 was £82.5 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. Hargreaves Services's Days Sales Outstanding for the six months ended in Nov. 2023 was 136.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hargreaves Services's liquidation value for the six months ended in Nov. 2023 was £-12.7 Mil.

Hargreaves Services Change In Receivables Historical Data

The historical data trend for Hargreaves Services'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.

Hargreaves Services Change In Receivables Chart

Hargreaves Services Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Receivables

Get a 7-Day Free Trial

24.22

12.61

2.01

-19.26

23.29

Hargreaves Services 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															-10.50	-8.76	4.31	18.98	-10.89

Hargreaves Services 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 £8.1 Mil.

Hargreaves Services (LSE:HSP) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	82.474	/	110.171	*	91
=	136.62

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

Hargreaves Services'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)
=	18.718	-	115.333	+	0.75 * 82.474	+	0.5 * 44.192
=	-12.7

Hargreaves Services Change In Receivables Related Terms

Thank you for viewing the detailed overview of Hargreaves Services's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Hargreaves Services (LSE:HSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hargreaves Services PLC (LSE:HSP) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

HSP.GB:UK

Address

West Terrace, Esh Winning, Durham, GBR, DH7 9PT

Website

https://www.hsgplc.co.uk

Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services and Hargreaves Land. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.

Hargreaves Services (LSE:HSP) Headlines

No Headlines