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Smithson Investment Trust (LSE:SSON) Change In Receivables : £-0.1 Mil (TTM As of Dec. 2023)


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What is Smithson Investment Trust Change In Receivables?

Smithson Investment Trust's change in receivables for the quarter that ended in Dec. 2023 was £0.4 Mil. It means Smithson Investment Trust's Accounts Receivable declined by £0.4 Mil from Jun. 2023 to Dec. 2023 .

Smithson Investment Trust's change in receivables for the fiscal year that ended in Dec. 2023 was £-0.1 Mil. It means Smithson Investment Trust's Accounts Receivable increased by £0.1 Mil from Dec. 2022 to Dec. 2023 .

Smithson Investment Trust's Accounts Receivable for the quarter that ended in Dec. 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. Smithson Investment Trust's Days Sales Outstanding for the six months ended in Dec. 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. Smithson Investment Trust's liquidation value for the six months ended in Dec. 2023 was £11.1 Mil.


Smithson Investment Trust Change In Receivables Historical Data

The historical data trend for Smithson Investment 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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Smithson Investment Trust Change In Receivables Chart

Smithson Investment Trust Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
- -0.48 0.59 0.03 -0.09

Smithson Investment Trust Semi-Annual Data
Dec18 Jun19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.43 0.46 -0.52 0.43

Smithson Investment 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.1 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.


Smithson Investment Trust  (LSE:SSON) 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.

Smithson Investment Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/21.706*91
=0.00

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

Smithson Investment Trust'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)
=16.579-5.445+0.75 * 0+0.5 * 0
=11.1

* 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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Smithson Investment Trust (LSE:SSON) Business Description

Traded in Other Exchanges
Address
125 London Wall, 6th Floor, London, GBR, EC2Y 5AS
Smithson Investment Trust PLC operates as an investment company. Its investment objective is to provide shareholders with long term growth in value through exposure to a diversified portfolio of shares issued by listed or traded companies. The company invests in various sectors such as Materials; Financials; Consumer Staples; Communication Services; Consumer Discretionary; Healthcare; Industrials and Information Technology. Geographically, it operates in Latin America; Eurasia, the Middle East, Africa; Asia Pacific; North America and Europe.

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