Altitude Group (LSE:ALT) Change In Receivables : £-1.58 Mil (TTM As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Altitude Group Change In Receivables?

Altitude Group's change in receivables for the quarter that ended in Sep. 2023 was £-0.22 Mil. It means Altitude Group's Accounts Receivable increased by £0.22 Mil from Mar. 2023 to Sep. 2023 .

Altitude Group's change in receivables for the fiscal year that ended in Mar. 2023 was £-1.53 Mil. It means Altitude Group's Accounts Receivable increased by £1.53 Mil from Mar. 2022 to Mar. 2023 .

Altitude Group's Accounts Receivable for the quarter that ended in Sep. 2023 was £5.65 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. Altitude Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 87.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Altitude Group's liquidation value for the six months ended in Sep. 2023 was £0.68 Mil.

Altitude Group Change In Receivables Historical Data

The historical data trend for Altitude 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.

Altitude Group Change In Receivables Chart

Altitude Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar21

Mar22

Mar23

Change In Receivables

Get a 7-Day Free Trial

-1.04

0.50

0.71

-1.40

-1.53

Altitude Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-1.43	0.03	-0.18	-1.36	-0.22

Altitude 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.58 Mil.

Altitude Group (LSE:ALT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.645	/	11.768	*	91
=	87.54

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

Altitude Group's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.441	-	4.52	+	0.75 * 5.645	+	0.5 * 1.054
=	0.68

Altitude Group Change In Receivables Related Terms

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

Altitude Group (LSE:ALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Altitude Group PLC (LSE:ALT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

D9E:Germany

Address

32 Eyre Street, 7th Floor, Sheffield City Centre, Sheffield, GBR, S1 4QZ

Website

http://www.altitudeplc.com

Altitude Group PLC operates a technology and information business providing services to the promotional merchandising and print industries across North America and the United Kingdom. The company enables the buyers and sellers of products to interact and trade, through the provision of technology, catalogues, and exhibition services, in the promotional merchandising and printing sectors. Its service portfolio comprises technology services such as cloud and server-based software, website solution, information service solution. It derives mainly of its revenue from North America.