Orchard Funding Group (LSE:ORCH) Change In Receivables : £-15.67 Mil (TTM As of Jan. 2024)

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What is Orchard Funding Group Change In Receivables?

Orchard Funding Group's change in receivables for the quarter that ended in Jan. 2024 was £-5.99 Mil. It means Orchard Funding Group's Accounts Receivable increased by £5.99 Mil from Jul. 2023 to Jan. 2024 .

Orchard Funding Group's change in receivables for the fiscal year that ended in Jul. 2023 was £-15.26 Mil. It means Orchard Funding Group's Accounts Receivable increased by £15.26 Mil from Jul. 2022 to Jul. 2023 .

Orchard Funding Group's Accounts Receivable for the quarter that ended in Jan. 2024 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. Orchard Funding Group's Days Sales Outstanding for the six months ended in Jan. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Orchard Funding Group's liquidation value for the six months ended in Jan. 2024 was £-47.67 Mil.

Orchard Funding Group Change In Receivables Historical Data

The historical data trend for Orchard Funding 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.

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Orchard Funding Group Change In Receivables Chart

Orchard Funding Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Receivables

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-1.21

4.88

-2.68

-13.82

-15.26

Orchard Funding Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-7.18	-6.64	-5.57	-9.69	-5.99

Orchard Funding 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-15.67 Mil.

Orchard Funding Group (LSE:ORCH) 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.

Orchard Funding Group's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	4.646	*	91
=	0.00

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

Orchard Funding Group's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.345	-	48.013	+	0.75 * 0	+	0.5 * 0
=	-47.67

Orchard Funding Group Change In Receivables Related Terms

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Orchard Funding Group (LSE:ORCH) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Orchard Funding Group PLC (LSE:ORCH) » Definitions » Change In Receivables

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Address

721 Capability Green, 1st Floor, Luton, Bedfordshire, GBR, LU1 3LU

Website

https://www.orchardfundinggroupplc.com

Orchard Funding Group PLC is a finance company that specializes in insurance premium finance and the professional fee funding market. The company mainly provides funding and funding support systems to clients of insurance brokers and professional firms. Orchard aims to further increase the capital base to enable to support higher levels of borrowing. Its operating business segment is lending. The company operates within the United Kingdom.

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