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FirstGroup (FirstGroup) Change In Receivables : $-233 Mil (TTM As of Sep. 2023)


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What is FirstGroup Change In Receivables?

FirstGroup's change in receivables for the quarter that ended in Sep. 2023 was $-163 Mil. It means FirstGroup's Accounts Receivable increased by $163 Mil from Mar. 2023 to Sep. 2023 .

FirstGroup's change in receivables for the fiscal year that ended in Mar. 2023 was $-152 Mil. It means FirstGroup's Accounts Receivable increased by $152 Mil from Mar. 2022 to Mar. 2023 .

FirstGroup's Accounts Receivable for the quarter that ended in Sep. 2023 was $362 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. FirstGroup's Days Sales Outstanding for the six months ended in Sep. 2023 was 24.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FirstGroup's liquidation value for the six months ended in Sep. 2023 was $-3,245 Mil.

FirstGroup Change In Receivables Historical Data

The historical data trend for FirstGroup'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.

* Premium members only.

FirstGroup Change In Receivables Chart

FirstGroup Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -275.89 -11.14 -8.18 -13.97 -152.43

FirstGroup Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -153.85 133.60 -76.90 -70.02 -163.00

FirstGroup 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-233 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.

FirstGroup  (OTCPK:FGROY) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=361.51/2731.436*91
=24.15

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

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=848.391-4380.322+0.75 * 361.51+0.5 * 31.436
=-3,245

* 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.

FirstGroup Change In Receivables Related Terms

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FirstGroup (FirstGroup) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » FirstGroup PLC (OTCPK:FGROY) » Definitions » Change In Receivables
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Traded in Other Exchanges
FGPl:UK FGP:UK
Address
37 North Wharf Road, 8th Floor, The Point, Paddington, London, GBR, W2 1AF
Website
https://www.firstgroupplc.com
FirstGroup PLC is a passenger transportation company domiciled in the United Kingdom. The company organizes itself into segments: Greyhound, First Bus, and First Rail. The Greyhound segment operates intercity coaches in the United States and Canada. First Bus operates buses in the United Kingdom. First Rail operates passenger trains in the United Kingdom. The company derives the majority of its revenue from the United Kingdom.