Synectics (LSE:SNX) Change In Receivables : £-5.69 Mil (TTM As of Nov. 2023)

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What is Synectics Change In Receivables?

Synectics's change in receivables for the quarter that ended in Nov. 2023 was £-4.38 Mil. It means Synectics's Accounts Receivable increased by £4.38 Mil from May. 2023 to Nov. 2023 .

Synectics's change in receivables for the fiscal year that ended in Nov. 2023 was £-5.69 Mil. It means Synectics's Accounts Receivable increased by £5.69 Mil from Nov. 2022 to Nov. 2023 .

Synectics's Accounts Receivable for the quarter that ended in Nov. 2023 was £12.04 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. Synectics's Days Sales Outstanding for the six months ended in Nov. 2023 was 80.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Synectics's liquidation value for the six months ended in Nov. 2023 was £-2.58 Mil.

Synectics Change In Receivables Historical Data

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

Synectics Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

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-8.32

7.92

0.26

-0.09

-5.69

Synectics 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															1.37	-0.69	0.60	-1.30	-4.38

Synectics 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 £-5.69 Mil.

Synectics (LSE:SNX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.04	/	27.277	*	91
=	80.56

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

Synectics'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)
=	4.604	-	18.747	+	0.75 * 12.04	+	0.5 * 5.069
=	-2.58

Synectics Change In Receivables Related Terms

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Synectics (LSE:SNX) Business Description

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Address

3-4 Broadfield Close, Synectics House, Sheffield, South Yorkshire, GBR, S8 0XN

Website

https://www.synecticsplc.com

Synectics PLC is a UK-based company, which operates in d security and surveillance systems. It business of the group is operated through Systems and Security segments. Its systems segment develops, integrates, and delivers resilient, flexible electronic surveillance solutions based on its proprietary hardware and software, and operates globally across all sectors. The Security segment focuses on the design, delivery, maintenance, and management of end-to-end security and surveillance systems for high-security & public space applications, and operates principally in the United Kingdom. Its operations are spread across UK and Europe, North America, the Middle East & Africa, and Asia Pacific.