Synthomer (CHIX:SYNTL) Change In Receivables : £53 Mil (TTM As of Dec. 2023)

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What is Synthomer Change In Receivables?

Synthomer's change in receivables for the quarter that ended in Dec. 2023 was £51 Mil. It means Synthomer's Accounts Receivable declined by £51 Mil from Jun. 2023 to Dec. 2023 .

Synthomer's change in receivables for the fiscal year that ended in Dec. 2023 was £53 Mil. It means Synthomer's Accounts Receivable declined by £53 Mil from Dec. 2022 to Dec. 2023 .

Synthomer's Accounts Receivable for the quarter that ended in Dec. 2023 was £148 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. Synthomer's Days Sales Outstanding for the six months ended in Dec. 2023 was 30.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Synthomer's liquidation value for the six months ended in Dec. 2023 was £-891 Mil.

Synthomer Change In Receivables Historical Data

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

Synthomer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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34.30

19.10

-64.80

147.00

52.70

Synthomer Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															81.50	-151.10	298.10	1.60	51.10

Synthomer 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 £53 Mil.

Synthomer (CHIX:SYNTl) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	147.6	/	895.6	*	91
=	30.08

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

Synthomer'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)
=	371.3	-	1544.7	+	0.75 * 147.6	+	0.5 * 344.1
=	-891

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Synthomer (CHIX:SYNTL) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Synthomer PLC (CHIX:SYNTl) » Definitions » Change In Receivables

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SYYYF:USA SYNT:UK 7YC2:Germany

Address

45 Pall Mall, London, GBR, SW1Y 5JG

Website

https://www.synthomer.com

Synthomer PLC is a specialty chemicals company. It supplies a variety of chemicals including latex and adhesives, which are used in a wide range of markets such as construction, coatings, textiles, paper, and healthcare. The company's products include styrene-butadiene rubber, which is used to make coated paper, packaging, bindings for carpet, foam mattresses, pillows and shoes; and nitrile butadiene latex used to make medical gloves and catheters, among others. The company organizes itself into five segments: performance elastomers, functional solutions, industrial specialties, adhesive Technologies and acrylate monomers. A vast majority of the company's revenue is generated by the performance elastomers and functional solutions segments combined.

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