THG (CHIX:THGL) Change In Receivables : £-10 Mil (TTM As of Dec. 2023)

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What is THG Change In Receivables?

THG's change in receivables for the quarter that ended in Dec. 2023 was £-5 Mil. It means THG's Accounts Receivable increased by £5 Mil from Jun. 2023 to Dec. 2023 .

THG's change in receivables for the fiscal year that ended in Dec. 2023 was £-10 Mil. It means THG's Accounts Receivable increased by £10 Mil from Dec. 2022 to Dec. 2023 .

THG's Accounts Receivable for the quarter that ended in Dec. 2023 was £109 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. THG's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. THG's liquidation value for the three months ended in Dec. 2023 was £-1,113 Mil.

THG Change In Receivables Historical Data

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

THG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-22.27

-66.82

-27.12

1.03

-10.41

THG Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial							-26.61	1.22	-0.20	-5.50	-4.92

THG 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 quarterly data reported by the company within the most recent 12 months, which was £-10 Mil.

THG (CHIX:THGl) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	108.856	/	1076.118	*	91
=	9.23

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

THG'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)
=	416.162	-	1758.923	+	0.75 * 108.856	+	0.5 * 297.143
=	-1,113

THG Change In Receivables Related Terms

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THG (CHIX:THGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » THG PLC (CHIX:THGl) » Definitions » Change In Receivables

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THGPF:USA THG:UK

Address

Icon 1, Sunbank Lane, Ringway, Altrincham, GBR, WA15 0AF

Website

https://www.thg.com

THG PLC is an online retailer. It provides an end-to-end direct-to-consumer ("D2C") e-commerce solution for consumer brand owners under a Software as a Service, in addition to stand-alone services, including hosting, content creation and translation. Its business is operated through four businesses: THG Ingenuity, THG Nutrition, THG Beauty and Other. The company operates in the United Kingdom.

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