Land Securities Group (FRA:LSU2) Change In Receivables : €-37.2 Mil (TTM As of Mar. 2024)

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What is Land Securities Group Change In Receivables?

Land Securities Group's change in receivables for the quarter that ended in Mar. 2024 was €-15.2 Mil. It means Land Securities Group's Accounts Receivable increased by €15.2 Mil from Sep. 2023 to Mar. 2024 .

Land Securities Group's change in receivables for the fiscal year that ended in Mar. 2024 was €-37.4 Mil. It means Land Securities Group's Accounts Receivable increased by €37.4 Mil from Mar. 2023 to Mar. 2024 .

Land Securities Group's Accounts Receivable for the quarter that ended in Mar. 2024 was €443.1 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. Land Securities Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 167.88.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Land Securities Group's liquidation value for the six months ended in Mar. 2024 was €-4,447.7 Mil.

Land Securities Group Change In Receivables Historical Data

The historical data trend for Land Securities 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.

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Land Securities Group Change In Receivables Chart

Land Securities Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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3.36

9.32

33.50

-19.27

-37.41

Land Securities Group Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															46.66	-8.01	-11.34	-22.03	-15.20

Land Securities 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-37.2 Mil.

Land Securities Group (FRA:LSU2) 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.

Land Securities Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	443.05	/	481.626	*	91
=	167.88

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

Land Securities Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	91.182	-	4929.657	+	0.75 * 443.05	+	0.5 * 116.9
=	-4,447.7

Land Securities Group Change In Receivables Related Terms

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Land Securities Group (FRA:LSU2) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Land Securities Group PLC (FRA:LSU2) » Definitions » Change In Receivables

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Traded in Other Exchanges

LSGOF:USA LDSCY:USA LANDl:UK LAND:UK

Address

100 Victoria Street, London, GBR, SW1E 5JL

Website

https://www.landsec.com

Land Securities Group PLC is a real estate investment trust engaged in buying, selling, developing, and managing commercial property in the United Kingdom. The company's real estate portfolio is made up of the office, retail, and leisure spaces in the London and Greater London regions. Office locations in London's West End, offices in the City of London, and shopping centers comprise the majority of the value of Land Securities' total assets. The company derives nearly all of its revenue in the form of rental income from medium- to long-term leases with tenants. Land Securities' overall net rental income is fairly evenly split between revenue from its London office properties and its retail properties in Greater London.

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