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Miton UK MicroCap Trust (LSE:MINI) Change In Receivables : £0.03 Mil (TTM As of Oct. 2023)


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What is Miton UK MicroCap Trust Change In Receivables?

Miton UK MicroCap Trust's change in receivables for the quarter that ended in Oct. 2023 was £0.01 Mil. It means Miton UK MicroCap Trust's Accounts Receivable declined by £0.01 Mil from Apr. 2023 to Oct. 2023 .

Miton UK MicroCap Trust's change in receivables for the fiscal year that ended in Apr. 2023 was £0.04 Mil. It means Miton UK MicroCap Trust's Accounts Receivable declined by £0.04 Mil from Apr. 2022 to Apr. 2023 .

Miton UK MicroCap Trust's Accounts Receivable for the quarter that ended in Oct. 2023 was £0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Miton UK MicroCap Trust's liquidation value for the six months ended in Oct. 2023 was £5.79 Mil.


Miton UK MicroCap Trust Change In Receivables Historical Data

The historical data trend for Miton UK MicroCap Trust'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.

Miton UK MicroCap Trust Change In Receivables Chart

Miton UK MicroCap Trust Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Change In Receivables
Get a 7-Day Free Trial 0.04 0.04 -0.11 0.01 0.04

Miton UK MicroCap Trust Semi-Annual Data
Oct15 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.01 - 0.02 0.02 0.01

Miton UK MicroCap Trust 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.03 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.


Miton UK MicroCap Trust  (LSE:MINI) 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.

Miton UK MicroCap Trust's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-9.073*91
=

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

Miton UK MicroCap Trust's liquidation value for the quarter that ended in Oct. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.945-0.16+0.75 * 0+0.5 * 0
=5.79

* 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.


Miton UK MicroCap Trust Change In Receivables Related Terms

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Miton UK MicroCap Trust (LSE:MINI) Business Description

Traded in Other Exchanges
N/A
Address
51 New North Road, Beaufort House, Exeter, GBR, EX4 4EP
Miton UK MicroCap Trust PLC is an investment trust company. It invests in a portfolio of UK-quoted companies to achieve capital growth by investing in a portfolio of stocks that are well placed to generate an attractive cash payback from productivity improvements. The company's only operating segment is the investment business. It invests in a sector such as Utilities, Consumer Services, Consumer Goods, Health Care, Basic Materials, Financial Services, Oil and Gas, Industrials, and Technology.

Miton UK MicroCap Trust (LSE:MINI) Headlines

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