MTI Wireless Edge (LSE:MWE) Change In Receivables : £0.60 Mil (TTM As of Mar. 2024)

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What is MTI Wireless Edge Change In Receivables?

MTI Wireless Edge's change in receivables for the quarter that ended in Mar. 2024 was £0.75 Mil. It means MTI Wireless Edge's Accounts Receivable declined by £0.75 Mil from Dec. 2023 to Mar. 2024 .

MTI Wireless Edge's change in receivables for the fiscal year that ended in Dec. 2023 was £-4.23 Mil. It means MTI Wireless Edge's Accounts Receivable increased by £4.23 Mil from Dec. 2022 to Dec. 2023 .

MTI Wireless Edge's Accounts Receivable for the quarter that ended in Mar. 2024 was £10.06 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. MTI Wireless Edge's Days Sales Outstanding for the three months ended in Mar. 2024 was 103.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MTI Wireless Edge's liquidation value for the three months ended in Mar. 2024 was £6.10 Mil.

MTI Wireless Edge Change In Receivables Historical Data

The historical data trend for MTI Wireless Edge'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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MTI Wireless Edge Change In Receivables Chart

MTI Wireless Edge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.38

-0.19

-0.24

-0.50

-4.23

MTI Wireless Edge Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															1.98	-0.71	-0.15	-	0.75

MTI Wireless Edge 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 quarterly data reported by the company within the most recent 12 months, which was £0.60 Mil.

MTI Wireless Edge (LSE:MWE) 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.

MTI Wireless Edge's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.059	/	8.846	*	91
=	103.76

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

MTI Wireless Edge'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)
=	6.951	-	11.416	+	0.75 * 10.059	+	0.5 * 6.039
=	6.10

MTI Wireless Edge Change In Receivables Related Terms

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MTI Wireless Edge (LSE:MWE) Business Description

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M7O:Germany

Address

11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121

Website

https://www.mtiwirelessedge.com

MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.