Funding Circle Holdings (Funding Circle Holdings) Change In Receivables : $-17.1 Mil (TTM As of Dec. 2023)

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What is Funding Circle Holdings Change In Receivables?

Funding Circle Holdings's change in receivables for the quarter that ended in Dec. 2023 was $-11.1 Mil. It means Funding Circle Holdings's Accounts Receivable increased by $11.1 Mil from Jun. 2023 to Dec. 2023 .

Funding Circle Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-17.1 Mil. It means Funding Circle Holdings's Accounts Receivable increased by $17.1 Mil from Dec. 2022 to Dec. 2023 .

Funding Circle Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.5 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. Funding Circle Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Funding Circle Holdings's liquidation value for the six months ended in Dec. 2023 was $120.6 Mil.

Funding Circle Holdings Change In Receivables Historical Data

The historical data trend for Funding Circle Holdings'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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Funding Circle Holdings Change In Receivables Chart

Funding Circle Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-11.93

-47.45

61.70

10.72

-17.09

Funding Circle Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial										43.09	8.62	2.19	-5.93	-11.14

Funding Circle Holdings 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 $-17.1 Mil.

Funding Circle Holdings (OTCPK:FDCHF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.506	/	108.354	*	91
=	0.85

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

Funding Circle Holdings'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)
=	280.253	-	160	+	0.75 * 0.506	+	0.5 * 0
=	120.6

Funding Circle Holdings Change In Receivables Related Terms

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Funding Circle Holdings (Funding Circle Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Funding Circle Holdings PLC (OTCPK:FDCHF) » Definitions » Change In Receivables

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FCHl:UK FCH:UK

Address

71 Queen Victoria Street, London, GBR, EC4V 4AY

Website

https://www.corporate.fundingcircle.com

Funding Circle Holdings PLC provides an online lending platform through which borrower loans are originated and allocated to investors and comprising the different online lending platforms across the company's geographies. The company's geographical segments include the United Kingdom, the United States, and developing markets. It derives the majority of its revenue from the United Kingdom region.