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Petmin (LSE:PTMN) Change In Receivables : £-1.03 Mil (TTM As of Dec. 2016)


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What is Petmin Change In Receivables?

Petmin's change in receivables for the quarter that ended in Dec. 2016 was £-4.54 Mil. It means Petmin's Accounts Receivable increased by £4.54 Mil from Jun. 2016 to Dec. 2016 .

Petmin's change in receivables for the fiscal year that ended in Jun. 2016 was £-1.10 Mil. It means Petmin's Accounts Receivable increased by £1.10 Mil from Jun. 2015 to Jun. 2016 .

Petmin's Accounts Receivable for the quarter that ended in Dec. 2016 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. Petmin's Days Sales Outstanding for the six months ended in Dec. 2016 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. Petmin's liquidation value for the six months ended in Dec. 2016 was £-28.51 Mil.


Petmin Change In Receivables Historical Data

The historical data trend for Petmin'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.

Petmin Change In Receivables Chart

Petmin Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 -6.39 4.23 0.59 -1.10

Petmin Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
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 -2.84 3.26 -4.39 3.51 -4.54

Petmin 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 Dec. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.03 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.


Petmin  (LSE:PTMN) 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.

Petmin's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/39.348*91
=0.00

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

Petmin's liquidation value for the quarter that ended in Dec. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8.202-44.097+0.75 * 0+0.5 * 14.762
=-28.51

* 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.


Petmin Change In Receivables Related Terms

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Petmin (LSE:PTMN) Business Description

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Petmin Ltd is a mineral exploration company mining & producing, iron ore,metallurgical anthracite and energy coal and pig iron. It is geographically diversified with mining operations in South Africa, an industrial project in North America, and exploration projects in Liberia and Turkey. It is South Africa's producer of metallurgical anthracite, and is developing a high-potential iron sands to pig iron project in Canada. The Company is also engaged on commodities that support the steel value chain and are required for urbanisation and infrastructure growth.