GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Likewise Group PLC (FRA:7RL) » Definitions » Change In Receivables

Likewise Group (FRA:7RL) Change In Receivables : €-2.5 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Likewise Group Change In Receivables?

Likewise Group's change in receivables for the quarter that ended in Dec. 2023 was €0.1 Mil. It means Likewise Group's Accounts Receivable declined by €0.1 Mil from Jun. 2023 to Dec. 2023 .

Likewise Group's change in receivables for the fiscal year that ended in Dec. 2023 was €-2.4 Mil. It means Likewise Group's Accounts Receivable increased by €2.4 Mil from Dec. 2022 to Dec. 2023 .

Likewise Group's Accounts Receivable for the quarter that ended in Dec. 2023 was €14.4 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. Likewise Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 31.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Likewise Group's liquidation value for the six months ended in Dec. 2023 was €-42.8 Mil.

Likewise Group Change In Receivables Historical Data

The historical data trend for Likewise 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.

* Premium members only.

Likewise Group Change In Receivables Chart

Likewise Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -1.07 -0.11 -2.51 -4.17 -2.45

Likewise Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Change In Receivables Get a 7-Day Free Trial Premium Member Only -0.59 -4.62 0.39 -2.57 0.11

Likewise 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-2.5 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.

Likewise Group  (FRA:7RL) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14.432/84.67*91
=31.11

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

Likewise Group'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)
=6.627-72.047+0.75 * 14.432+0.5 * 23.51
=-42.8

* 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.

Likewise Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Likewise Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Likewise Group (FRA:7RL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Likewise Group PLC (FRA:7RL) » Definitions » Change In Receivables
Comparable Companies
LSE:PMP LSE:CFX LSE:SDG LSE:UPGS LSE:CHH LSE:HEAD SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK MHK SZSE:000921 SHSE:603816 LSE:HWDN
Traded in Other Exchanges
LIKE:UK
Address
Radial way,, Unit 4 Radial Park, Birmingham Business Park,, Solihull, GBR, B37 7WN
Website
https://www.likewiseplc.com
Likewise Group Plc is a distributor of floorcoverings and mattings. The company's products include residential carpets, commercial carpets, and laminate. Geographically, the company derives a majority of its revenue from the United Kingdom followed by the Rest of Europe and the Rest of the world.

Likewise Group (FRA:7RL) Headlines

No Headlines