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DCG IRIS (LSE:IRIS) Change In Receivables : £0.01 Mil (TTM As of May. 2014)


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What is DCG IRIS Change In Receivables?

DCG IRIS's change in receivables for the quarter that ended in May. 2014 was £0.01 Mil. It means DCG IRIS's Accounts Receivable declined by £0.01 Mil from Nov. 2013 to May. 2014 .

DCG IRIS's change in receivables for the fiscal year that ended in May. 2014 was £0.01 Mil. It means DCG IRIS's Accounts Receivable declined by £0.01 Mil from May. 2013 to May. 2014 .

DCG IRIS's Accounts Receivable for the quarter that ended in May. 2014 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. DCG IRIS's Days Sales Outstanding for the six months ended in May. 2014 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. DCG IRIS's liquidation value for the six months ended in May. 2014 was £-0.06 Mil.


DCG IRIS Change In Receivables Historical Data

The historical data trend for DCG IRIS'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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DCG IRIS Change In Receivables Chart

DCG IRIS Annual Data
Trend May13 May14
Change In Receivables
- 0.01

DCG IRIS Semi-Annual Data
Nov13 May14
Change In Receivables - 0.01

DCG IRIS 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. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.01 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.


DCG IRIS  (LSE:IRIS) 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.

DCG IRIS's Days Sales Outstanding for the quarter that ended in May. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/1.096*91
=0.00

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

DCG IRIS's liquidation value for the quarter that ended in May. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-0.062000000000012+0.75 * 0+0.5 * 0
=-0.06

* 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.


DCG IRIS Change In Receivables Related Terms

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DCG IRIS (LSE:IRIS) Business Description

Traded in Other Exchanges
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DCG IRIS Ltd is a Guernsey registered non-cellular company with an indefinite life. It is a feeder fund and principally invests its assets in CS IRIS Low Volatility Plus Fund Ltd. Its objective is to providing its shareholders, through its investment in the Master Fund, with positive returns through investing in insurance-linked contracts and assets carrying exposure related to insured event risks known as insurance linked strategies.

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