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Manchester & London Investment Trust (LSE:MNL) Change In Receivables : £0.1 Mil (TTM As of Jan. 2024)


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What is Manchester & London Investment Trust Change In Receivables?

Manchester & London Investment Trust's change in receivables for the quarter that ended in Jan. 2024 was £0.0 Mil. It means Manchester & London Investment Trust's Accounts Receivable declined by £0.0 Mil from Jul. 2023 to Jan. 2024 .

Manchester & London Investment Trust's change in receivables for the fiscal year that ended in Jul. 2023 was £-0.1 Mil. It means Manchester & London Investment Trust's Accounts Receivable increased by £0.1 Mil from Jul. 2022 to Jul. 2023 .

Manchester & London Investment Trust's Accounts Receivable for the quarter that ended in Jan. 2024 was £0.0 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. Manchester & London Investment Trust's Days Sales Outstanding for the six months ended in Jan. 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. Manchester & London Investment Trust's liquidation value for the six months ended in Jan. 2024 was £2.7 Mil.


Manchester & London Investment Trust Change In Receivables Historical Data

The historical data trend for Manchester & London Investment 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.

* Premium members only.

Manchester & London Investment Trust Change In Receivables Chart

Manchester & London Investment Trust Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 0.03 -0.01 - -0.12

Manchester & London Investment Trust Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -0.01 0.01 -0.21 0.09 0.02

Manchester & London Investment 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.1 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.


Manchester & London Investment Trust  (LSE:MNL) 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.

Manchester & London Investment Trust's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/54.653*91
=0.00

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

Manchester & London Investment Trust's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.711-4.001+0.75 * 0+0.5 * 0
=2.7

* 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.


Manchester & London Investment Trust Change In Receivables Related Terms

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Manchester & London Investment Trust (LSE:MNL) Business Description

Traded in Other Exchanges
Address
12a Princes Gate Mews, London, GBR, SW7 2PS
Manchester & London Investment Trust PLC is an investment company. It invests in companies whose shares are admitted to trading on a regulated market. The investment objective of the company is to achieve capital appreciation together with a reasonable level of income. It may invest in derivatives, money market instruments, currency instruments, contracts for differences (CFDs), futures, forwards, and options for the purposes of holding investments and hedging positions against movements in equity markets, currencies, and interest rates.

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