Polar Capital Technology Trust (LSE:PCT) Change In Receivables : £-0.6 Mil (TTM As of Oct. 2023)

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What is Polar Capital Technology Trust Change In Receivables?

Polar Capital Technology Trust's change in receivables for the quarter that ended in Oct. 2023 was £0.4 Mil. It means Polar Capital Technology Trust's Accounts Receivable declined by £0.4 Mil from Apr. 2023 to Oct. 2023 .

Polar Capital Technology Trust's change in receivables for the fiscal year that ended in Apr. 2023 was £-0.5 Mil. It means Polar Capital Technology Trust's Accounts Receivable increased by £0.5 Mil from Apr. 2022 to Apr. 2023 .

Polar Capital Technology Trust's Accounts Receivable for the quarter that ended in Oct. 2023 was £0.0 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 Technology Trust's Days Sales Outstanding for the six months ended in Oct. 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 Technology Trust's liquidation value for the six months ended in Oct. 2023 was £142.6 Mil.

Polar Capital Technology Trust Change In Receivables Historical Data

The historical data trend for Polar Capital Technology 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.

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Polar Capital Technology Trust Change In Receivables Chart

Polar Capital Technology Trust Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Receivables

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-0.33

-0.24

0.12

-0.06

-0.47

Polar Capital Technology Trust Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Change In Receivables	Get a 7-Day Free Trial															0.21	-0.27	0.50	-0.97	0.37

Polar Capital Technology 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 £-0.6 Mil.

Polar Capital Technology Trust (LSE:PCT) 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 Technology 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	/	333.667	*	91
=	0.00

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

Polar Capital Technology 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)
=	246.793	-	104.234	+	0.75 * 0	+	0.5 * 0
=	142.6

Polar Capital Technology Trust Change In Receivables Related Terms

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Polar Capital Technology Trust (LSE:PCT) Business Description

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PCTl:UK

Address

16 Palace Street, London, GBR, SW1E 5JD

Website

https://www.polarcapitaltechnologytrust.co.uk

Polar Capital Technology Trust PLC is a UK-based investment trust company. The company's investment objective is to maximize long-term capital growth by investing in a diversified portfolio of technology companies across the world. Geographically, the company earns investment income from North America, Europe, and the Asia Pacific region. It invests in Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and other sectors.