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Holders Technology (LSE:HDT) Change In Receivables : £-0.77 Mil (TTM As of May. 2023)


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What is Holders Technology Change In Receivables?

Holders Technology's change in receivables for the quarter that ended in May. 2023 was £-0.45 Mil. It means Holders Technology's Accounts Receivable increased by £0.45 Mil from Nov. 2022 to May. 2023 .

Holders Technology's change in receivables for the fiscal year that ended in Nov. 2022 was £-0.41 Mil. It means Holders Technology's Accounts Receivable increased by £0.41 Mil from Nov. 2021 to Nov. 2022 .

Holders Technology's Accounts Receivable for the quarter that ended in May. 2023 was £1.48 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. Holders Technology's Days Sales Outstanding for the six months ended in May. 2023 was 69.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Holders Technology's liquidation value for the six months ended in May. 2023 was £1.87 Mil.


Holders Technology Change In Receivables Historical Data

The historical data trend for Holders Technology'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.

Holders Technology Change In Receivables Chart

Holders Technology Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.41 -0.14 0.39 -0.53 -0.41

Holders Technology Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
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 -0.58 0.05 -0.08 -0.33 -0.45

Holders Technology 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 May. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.77 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.


Holders Technology  (LSE:HDT) 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.

Holders Technology's Days Sales Outstanding for the quarter that ended in May. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.481/3.865*91
=69.93

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

Holders Technology's liquidation value for the quarter that ended in May. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.808-1.671+0.75 * 1.481+0.5 * 1.248
=1.87

* 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.


Holders Technology Change In Receivables Related Terms

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Holders Technology (LSE:HDT) Business Description

Traded in Other Exchanges
N/A
Address
27-28 Eastcastle Street, London, GBR, W1W 8DH
Holders Technology PLC is a UK-based company that supplies specialty laminates and materials for printed circuit board manufacture and operates as a Lighting and Control Solutions provider. The group has four operating subsidiaries: PCB UK, PCB Germany, LCS UK and LCS Germany. Both PCB divisions have very similar products, processes, customers, distribution means and margins.. PCB which distributes materials, equipment and supplies to the PCB industry; and LCS, which distributes Lighting and Controls-related components, lighting products, and lighting solutions. It operates its business across the United Kingdom, Germany, and the Rest of the world.

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