Highway Capital (LSE:HWC) Change In Receivables : £0.02 Mil (TTM As of Aug. 2022)

View and export this data going back to 1995. Start your Free Trial

What is Highway Capital Change In Receivables?

Highway Capital's change in receivables for the quarter that ended in Aug. 2022 was £0.02 Mil. It means Highway Capital's Accounts Receivable declined by £0.02 Mil from Feb. 2022 to Aug. 2022 .

Highway Capital's change in receivables for the fiscal year that ended in Feb. 2022 was £-0.01 Mil. It means Highway Capital's Accounts Receivable increased by £0.01 Mil from Feb. 2021 to Feb. 2022 .

Highway Capital's Accounts Receivable for the quarter that ended in Aug. 2022 was £0.01 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Highway Capital's liquidation value for the six months ended in Aug. 2022 was £-1.91 Mil.

Highway Capital Change In Receivables Historical Data

The historical data trend for Highway Capital'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.

Highway Capital Change In Receivables Chart

Highway Capital Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Change In Receivables

Get a 7-Day Free Trial

-0.01

Highway Capital Semi-Annual Data
	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
Change In Receivables	Get a 7-Day Free Trial															-	-0.01	-0.01	-	0.02

Highway Capital 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 Aug. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.02 Mil.

Highway Capital (LSE:HWC) 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.

Highway Capital's Days Sales Outstanding for the quarter that ended in Aug. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.007	/	0	*	91
=

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

Highway Capital's liquidation value for the quarter that ended in Aug. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.001	-	1.92	+	0.75 * 0.007	+	0.5 * 0
=	-1.91

Highway Capital Change In Receivables Related Terms

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

Highway Capital (LSE:HWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Highway Capital PLC (LSE:HWC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Reynolds Road, Eden House, Beaconsfield, Buckinghamshire, GBR, HP9 2FL

Website

http://www.highwaycapital.co.uk

Highway Capital PLC is a United Kingdom-based company. The company focuses on investing in or acquiring undervalued companies with either strong asset backing or opportunities, which possess high barriers to entry.