Vanquis Banking Group (CHIX:VANQL) Change In Receivables : £-12.5 Mil (TTM As of Dec. 2024)

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What is Vanquis Banking Group Change In Receivables?

Vanquis Banking Group's change in receivables for the quarter that ended in Dec. 2024 was £-133.6 Mil. It means Vanquis Banking Group's Accounts Receivable increased by £133.6 Mil from Jun. 2024 to Dec. 2024 .

Vanquis Banking Group's change in receivables for the fiscal year that ended in Dec. 2024 was £-12.5 Mil. It means Vanquis Banking Group's Accounts Receivable increased by £12.5 Mil from Dec. 2023 to Dec. 2024 .

Vanquis Banking Group's Accounts Receivable for the quarter that ended in Dec. 2024 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. Vanquis Banking Group's Days Sales Outstanding for the six months ended in Dec. 2024 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. Vanquis Banking Group's liquidation value for the six months ended in Dec. 2024 was £-1,930.2 Mil.

Vanquis Banking Group Change In Receivables Historical Data

The historical data trend for Vanquis Banking 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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Vanquis Banking Group Change In Receivables Chart

Vanquis Banking Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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411.40

134.80

-249.10

-260.00

-12.50

Vanquis Banking Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Change In Receivables	Get a 7-Day Free Trial															-256.20	-219.00	-41.00	121.10	-133.60

Vanquis Banking 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-12.5 Mil.

Vanquis Banking Group (CHIX:VANQl) 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.

Vanquis Banking Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	224.5	*	91
=	0.00

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

Vanquis Banking Group's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1003.9	-	2934.1	+	0.75 * 0	+	0.5 * 0
=	-1,930.2

Vanquis Banking Group Change In Receivables Related Terms

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Vanquis Banking Group Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Vanquis Banking Group PLC (CHIX:VANQl) » Definitions » Change In Receivables

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FPLPF:USA VANQ:UK

Address

No. 1 Godwin Street, Bradford, West Yorkshire, GBR, BD1 2SU

Website

https://www.vanquisbankinggroup.com

Vanquis Banking Group PLC is a specialist bank, focused on the mid-cost credit market. Along with its subsidiaries, it offers credit cards and loans as Vanquis, Vehicle Finance as Moneybarn, and through the brand Snoop, the group provides people with a free credit score and personalised insights to help them manage and understand their finances. All of the credit products are delivered online. In addition, it also accepts retail deposits to fund its lending operations. The group's operating segments are Credit Cards, Personal Loans, Second Charge Mortgages, and Vehicle Finance. A majority of its revenue is generated from the Credit Cards segment.

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