MicroSalt (LSE:SALT) Change In Receivables : £0.00 Mil (TTM As of Jun. 2023)

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What is MicroSalt Change In Receivables?

MicroSalt's change in receivables for the quarter that ended in Jun. 2023 was £0.00 Mil. It means MicroSalt's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

MicroSalt's change in receivables for the fiscal year that ended in Dec. 2022 was £-0.06 Mil. It means MicroSalt's Accounts Receivable increased by £0.06 Mil from Dec. 2021 to Dec. 2022 .

MicroSalt's Accounts Receivable for the quarter that ended in Jun. 2023 was £0.11 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MicroSalt's liquidation value for the three months ended in Jun. 2023 was £-1.11 Mil.

MicroSalt Change In Receivables Historical Data

The historical data trend for MicroSalt'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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MicroSalt Change In Receivables Chart

MicroSalt Annual Data

Trend

Dec20

Dec21

Dec22

Change In Receivables

0.18

-0.06

MicroSalt Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Change In Receivables	-	-	-	-	-

MicroSalt 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was £0.00 Mil.

MicroSalt (LSE:SALT) 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.

MicroSalt's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.107	/	0	*	91
=

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

MicroSalt's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.085	-	1.506	+	0.75 * 0.107	+	0.5 * 0.455
=	-1.11

MicroSalt Change In Receivables Related Terms

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MicroSalt (LSE:SALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MicroSalt PLC (LSE:SALT) » Definitions » Change In Receivables

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Traded in Other Exchanges

N/A

Address

12 New Fetter Lane, London, GBR, EC4A 1JP

Website

https://www.microsaltinc.com

MicroSalt Plc is a company that has developed a patent protected and scalable manufacturing process that produces a salt crystal that is approximately hundred times smaller than traditional salt, with an average size of less than twenty microns. It allows consumers to reduce their sodium intake by half without compromising on flavor.

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