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Smiths News (FRA:T6N) Change In Receivables : €-0 Mil (TTM As of Feb. 2024)


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What is Smiths News Change In Receivables?

Smiths News's change in receivables for the quarter that ended in Feb. 2024 was €-4 Mil. It means Smiths News's Accounts Receivable increased by €4 Mil from Aug. 2023 to Feb. 2024 .

Smiths News's change in receivables for the fiscal year that ended in Aug. 2023 was €-6 Mil. It means Smiths News's Accounts Receivable increased by €6 Mil from Aug. 2022 to Aug. 2023 .

Smiths News's Accounts Receivable for the quarter that ended in Feb. 2024 was €122 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. Smiths News's Days Sales Outstanding for the six months ended in Feb. 2024 was 35.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Smiths News's liquidation value for the six months ended in Feb. 2024 was €-108 Mil.


Smiths News Change In Receivables Historical Data

The historical data trend for Smiths News'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.

Smiths News Change In Receivables Chart

Smiths News Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.80 25.54 6.33 2.01 -6.41

Smiths News Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.62 4.61 -9.59 3.50 -3.98

Smiths News 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0 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.


Smiths News  (FRA:T6N) 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.

Smiths News's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=122.195/631.811*91
=35.30

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

Smiths News's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=19.313-229.175+0.75 * 122.195+0.5 * 20.015
=-108

* 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.


Smiths News Change In Receivables Related Terms

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Smiths News (FRA:T6N) Business Description

Traded in Other Exchanges
Address
Rowan House, Cherry Orchard North, Kembrey Park, Swindon, Wiltshire, GBR, SN2 8UH
Smiths News PLC is a UK-based wholesale distributor of published content. The group is one of the UK's foremost publishers of newspapers and magazines, and it also operates as a book distributor through bookstores and an online platform serving the needs of academics and public libraries. Geographically, it derives a majority of revenue from the United Kingdom. Its segments include Smiths News Core; Dawson Media Direct (DMD); Instore and others.

Smiths News (FRA:T6N) Headlines

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