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Impax Asset Management Group (LSE:IPX) Change In Receivables : £4.8 Mil (TTM As of Mar. 2024)


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What is Impax Asset Management Group Change In Receivables?

Impax Asset Management Group's change in receivables for the quarter that ended in Mar. 2024 was £3.3 Mil. It means Impax Asset Management Group's Accounts Receivable declined by £3.3 Mil from Sep. 2023 to Mar. 2024 .

Impax Asset Management Group's change in receivables for the fiscal year that ended in Sep. 2023 was £-3.8 Mil. It means Impax Asset Management Group's Accounts Receivable increased by £3.8 Mil from Sep. 2022 to Sep. 2023 .

Impax Asset Management Group's Accounts Receivable for the quarter that ended in Mar. 2024 was £39.2 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. Impax Asset Management Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 83.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Impax Asset Management Group's liquidation value for the six months ended in Mar. 2024 was £70.0 Mil.


Impax Asset Management Group Change In Receivables Historical Data

The historical data trend for Impax Asset Management 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.

* Premium members only.

Impax Asset Management Group Change In Receivables Chart

Impax Asset Management Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.14 -4.00 -19.02 1.03 -3.77

Impax Asset Management Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.30 0.73 -5.23 1.46 3.31

Impax Asset Management 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £4.8 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.


Impax Asset Management Group  (LSE:IPX) 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.

Impax Asset Management Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=39.229/86.15*91
=83.10

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

Impax Asset Management Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=80.366-39.835+0.75 * 39.229+0.5 * 0
=70.0

* 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.


Impax Asset Management Group Change In Receivables Related Terms

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Impax Asset Management Group (LSE:IPX) Business Description

Traded in Other Exchanges
Address
30 Panton Street, 7th Floor, London, GBR, SW1Y 4AJ
Impax Asset Management Group PLC is an investment firm. It operates in both listed and private markets strategies, investing in the opportunities arising from the transition to a more sustainable economy. The company offers listed and private equity strategies to institutional clients, with assets under management and advice. Geographically, it derives a majority of revenue from North America and also has a presence in UK; France; Luxembourg; Netherlands; Ireland; Australia and other regions.

Impax Asset Management Group (LSE:IPX) Headlines