Asia Dragon Trust (LSE:DGN) Change In Receivables : £-0.33 Mil (TTM As of Feb. 2024)

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What is Asia Dragon Trust Change In Receivables?

Asia Dragon Trust's change in receivables for the quarter that ended in Feb. 2024 was £-0.15 Mil. It means Asia Dragon Trust's Accounts Receivable increased by £0.15 Mil from Aug. 2023 to Feb. 2024 .

Asia Dragon Trust's change in receivables for the fiscal year that ended in Aug. 2023 was £0.68 Mil. It means Asia Dragon Trust's Accounts Receivable declined by £0.68 Mil from Aug. 2022 to Aug. 2023 .

Asia Dragon Trust's Accounts Receivable for the quarter that ended in Feb. 2024 was £0.00 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. Asia Dragon Trust's Days Sales Outstanding for the six months ended in Feb. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asia Dragon Trust's liquidation value for the six months ended in Feb. 2024 was £-62.83 Mil.

Asia Dragon Trust Change In Receivables Historical Data

The historical data trend for Asia Dragon Trust'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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Asia Dragon Trust Change In Receivables Chart

Asia Dragon Trust Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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0.47

0.17

0.58

-0.70

0.68

Asia Dragon Trust 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															-0.31	-0.39	0.85	-0.18	-0.15

Asia Dragon Trust 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 £-0.33 Mil.

Asia Dragon Trust (LSE:DGN) 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.

Asia Dragon Trust's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	13.8	*	91
=	0.00

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

Asia Dragon Trust'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)
=	7.757	-	70.583	+	0.75 * 0	+	0.5 * 0
=	-62.83

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Asia Dragon Trust (LSE:DGN) Business Description

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DGNl:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.asiadragontrust.co.uk

Asia Dragon Trust PLC is an investment trust located in the United Kingdom. The company's primary objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. Its investments are in stock market principally in large companies whose shares are considered to be attractively priced. The company focuses on diversified investments in various sectors such as Aerospace & Defence, Banks, Automobiles, Construction Materials, Industrial Conglomerates, Real Estate Management & Development, Wireless Telecommunication Services and others. It measures the performance of its portfolio against MSCI All Country Asia (ex-Japan) Index.

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