Polar Capital Global Financials Trust (LSE:PCFT) Change In Receivables : £-0.55 Mil (TTM As of Nov. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Polar Capital Global Financials Trust Change In Receivables?

Polar Capital Global Financials Trust's change in receivables for the quarter that ended in Nov. 2023 was £0.67 Mil. It means Polar Capital Global Financials Trust's Accounts Receivable declined by £0.67 Mil from May. 2023 to Nov. 2023 .

Polar Capital Global Financials Trust's change in receivables for the fiscal year that ended in Nov. 2023 was £-0.55 Mil. It means Polar Capital Global Financials Trust's Accounts Receivable increased by £0.55 Mil from Nov. 2022 to Nov. 2023 .

Polar Capital Global Financials Trust's Accounts Receivable for the quarter that ended in Nov. 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. Polar Capital Global Financials Trust's Days Sales Outstanding for the six months ended in Nov. 2023 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. Polar Capital Global Financials Trust's liquidation value for the six months ended in Nov. 2023 was £-39.71 Mil.

Polar Capital Global Financials Trust Change In Receivables Historical Data

The historical data trend for Polar Capital Global Financials 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.

Polar Capital Global Financials Trust Change In Receivables Chart

Polar Capital Global Financials Trust Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

Get a 7-Day Free Trial

0.07

0.53

-0.23

-0.83

-0.55

Polar Capital Global Financials Trust 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															0.36	-0.82	-0.01	-1.22	0.67

Polar Capital Global Financials 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.55 Mil.

Polar Capital Global Financials Trust (LSE:PCFT) 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.

Polar Capital Global Financials Trust's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	28.545	*	91
=	0.00

2. In Ben Graham's calculation of liquidation value, Polar Capital Global Financials Trust's accounts receivable are only considered to be worth 75% of book value:

Polar Capital Global Financials Trust'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)
=	36.406	-	76.113	+	0.75 * 0	+	0.5 * 0
=	-39.71

Polar Capital Global Financials Trust Change In Receivables Related Terms

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

Polar Capital Global Financials Trust (LSE:PCFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Polar Capital Global Financials Trust PLC (LSE:PCFT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PCFTl:UK

Address

16 Palace Street, London, GBR, SW1E 5JD

Website

https://www.polarcapitalglobalfinancialstrust.com

Polar Capital Global Financials Trust PLC is an asset management firm based in the United Kingdom. Its core objective is to provide its investors with a growing dividend income with capital appreciation. To achieve this, the company invests in listed or quoted securities issued by companies in the financial sector operating in the banking, insurance, property, and other subsectors. Its portfolio entails equities, index-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, forward transactions, index options, and other instruments, including derivatives. It has a diversified portfolio of investments in different geographical regions such as North America, Europe, Asia, the United Kingdom, Latin America, Japan, and East Europe.

Polar Capital Global Financials Trust (LSE:PCFT) Headlines

No Headlines