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Gate Ventures (LSE:GATE) Change In Receivables : £0.07 Mil (TTM As of Dec. 2018)


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What is Gate Ventures Change In Receivables?

Gate Ventures's change in receivables for the quarter that ended in Dec. 2018 was £0.14 Mil. It means Gate Ventures's Accounts Receivable declined by £0.14 Mil from Jun. 2018 to Dec. 2018 .

Gate Ventures's change in receivables for the fiscal year that ended in Jun. 2018 was £0.20 Mil. It means Gate Ventures's Accounts Receivable declined by £0.20 Mil from Jun. 2017 to Jun. 2018 .

Gate Ventures's Accounts Receivable for the quarter that ended in Dec. 2018 was £0.74 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. Gate Ventures's Days Sales Outstanding for the six months ended in Dec. 2018 was 2,421.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gate Ventures's liquidation value for the six months ended in Dec. 2018 was £-1.71 Mil.

Gate Ventures Change In Receivables Historical Data

The historical data trend for Gate Ventures'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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Gate Ventures Change In Receivables Chart

Gate Ventures Annual Data
Trend Jun16 Jun17 Jun18
Change In Receivables
- 0.67 0.20

Gate Ventures Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18
Change In Receivables Get a 7-Day Free Trial 0.42 0.23 0.27 -0.07 0.14

Gate Ventures 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.07 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.

Gate Ventures  (LSE:GATE) 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.

Gate Ventures's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.743/0.056*91
=2,421.38

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

Gate Ventures's liquidation value for the quarter that ended in Dec. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.221-2.49+0.75 * 0.743+0.5 * 0
=-1.71

* 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.

Gate Ventures Change In Receivables Related Terms

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Gate Ventures (LSE:GATE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gate Ventures PLC (LSE:GATE) » Definitions » Change In Receivables
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BOM:532382 LIVX XMCE:VOC MIL:MTV LSE:EMAN NSE:SHEMAROO XKRX:160550 ISX:BLTZ XKRX:206560 HKSE:08228 XSWX:HLEE HKSE:01132 FUSZ LSE:EVRH XTER:PAL ROCO:4803 HKSE:08172 BOM:532163 XKRX:054780 ASX:BIG
Traded in Other Exchanges
N/A
Address
5th Floor, 17 Old Park Lane, London, GBR, W1K 1QT
Website
http://www.gateplc.com
Gate Ventures PLC is an investing company. It makes investments and capitalizes on investment opportunities in the Media and entertainment sector, focusing on theatre television, media technology, and e-commerce.