Microlise Group (LSE:SAAS) Change In Receivables : £-2.32 Mil (TTM As of Dec. 2023)

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What is Microlise Group Change In Receivables?

Microlise Group's change in receivables for the quarter that ended in Dec. 2023 was £3.70 Mil. It means Microlise Group's Accounts Receivable declined by £3.70 Mil from Jun. 2023 to Dec. 2023 .

Microlise Group's change in receivables for the fiscal year that ended in Dec. 2023 was £-2.32 Mil. It means Microlise Group's Accounts Receivable increased by £2.32 Mil from Dec. 2022 to Dec. 2023 .

Microlise Group's Accounts Receivable for the quarter that ended in Dec. 2023 was £14.83 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. Microlise Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 71.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Microlise Group's liquidation value for the six months ended in Dec. 2023 was £-25.91 Mil.

Microlise Group Change In Receivables Historical Data

The historical data trend for Microlise 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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Microlise Group Change In Receivables Chart

Microlise Group Annual Data

Trend

Jun19

Jun20

Jun21

Dec22

Dec23

Change In Receivables

0.71

-2.85

-2.55

-2.32

Microlise Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial			-1.85	-3.25	0.70	-6.01	3.70

Microlise 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.32 Mil.

Microlise Group (LSE:SAAS) 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.

Microlise Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	14.831	/	37.829	*	91
=	71.55

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

Microlise Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	16.8	-	55.506	+	0.75 * 14.831	+	0.5 * 3.348
=	-25.91

Microlise Group Change In Receivables Related Terms

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Microlise Group (LSE:SAAS) Business Description

Industry

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Traded in Other Exchanges

2DI:Germany

Address

Farrington Way, Eastwood, Nottingham, GBR, NG16 3AG

Website

https://www.microlise.com

Microlise Group PLC is a provider of transportation management solutions to enterprise customers. It automates and optimizes critical processes such as scheduling, routing, driver performance monitoring, and resource allocation, while providing valuable, actionable real-time data.