Hostmore (LSE:MORE) Change In Receivables : £3.0 Mil (TTM As of Dec. 2023)

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What is Hostmore Change In Receivables?

Hostmore's change in receivables for the quarter that ended in Dec. 2023 was £0.3 Mil. It means Hostmore's Accounts Receivable declined by £0.3 Mil from Jun. 2023 to Dec. 2023 .

Hostmore's change in receivables for the fiscal year that ended in Dec. 2023 was £3.0 Mil. It means Hostmore's Accounts Receivable declined by £3.0 Mil from Dec. 2022 to Dec. 2023 .

Hostmore's Accounts Receivable for the quarter that ended in Dec. 2023 was £0.6 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. Hostmore's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hostmore's liquidation value for the six months ended in Dec. 2023 was £-195.4 Mil.

Hostmore Change In Receivables Historical Data

The historical data trend for Hostmore'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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Hostmore Change In Receivables Chart

Hostmore Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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2.10

1.12

2.71

-2.42

2.96

Hostmore Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial					3.17	-1.90	-0.52	2.62	0.34

Hostmore 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £3.0 Mil.

Hostmore (LSE:MORE) 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.

Hostmore's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.594	/	97.034	*	91
=	1.12

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

Hostmore's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.989	-	207.531	+	0.75 * 0.594	+	0.5 * 1.39
=	-195.4

Hostmore Change In Receivables Related Terms

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Hostmore (LSE:MORE) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Hostmore PLC (LSE:MORE) » Definitions » Change In Receivables

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Address

Yeoman Way, Highdown House, Worthing, West Sussex, GBR, BN99 3HH

Website

https://www.hostmoregroup.com

Hostmore PLC is engaged in the hospitality business with its current operations focused on the American-themed casual dining brand, Fridays, and the cocktail-led bar and restaurant brand, 63rd+1st. Fridays brand offers authentic American food, an innovative cocktail list, and a high level of personal service. 63rd+1st brand offers a wide range of premium cocktails, spirits, beers, and wine.

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