Octopus Future Generations VCT (LSE:OFG) Change In Receivables : £-0.15 Mil (TTM As of Dec. 2023)

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What is Octopus Future Generations VCT Change In Receivables?

Octopus Future Generations VCT's change in receivables for the quarter that ended in Dec. 2023 was £0.14 Mil. It means Octopus Future Generations VCT's Accounts Receivable declined by £0.14 Mil from Jun. 2023 to Dec. 2023 .

Octopus Future Generations VCT's change in receivables for the fiscal year that ended in Jun. 2023 was £-0.33 Mil. It means Octopus Future Generations VCT's Accounts Receivable increased by £0.33 Mil from Jun. 2022 to Jun. 2023 .

Octopus Future Generations VCT's Accounts Receivable for the quarter that ended in Dec. 2023 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Octopus Future Generations VCT's liquidation value for the six months ended in Dec. 2023 was £-0.07 Mil.

Octopus Future Generations VCT Change In Receivables Historical Data

The historical data trend for Octopus Future Generations VCT'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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Octopus Future Generations VCT Change In Receivables Chart

Octopus Future Generations VCT Annual Data

Trend

Jun22

Jun23

Change In Receivables

-0.05

-0.33

Octopus Future Generations VCT Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Change In Receivables	-	-0.03	-0.29	0.14

Octopus Future Generations VCT 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 £-0.15 Mil.

Octopus Future Generations VCT (LSE:OFG) 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.

Octopus Future Generations VCT'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	/	-0.088	*	91
=

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

Octopus Future Generations VCT'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)
=	0.107	-	0.177	+	0.75 * 0	+	0.5 * 0
=	-0.07

Octopus Future Generations VCT Change In Receivables Related Terms

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Octopus Future Generations VCT (LSE:OFG) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

33 Holborn, 6th Floor, London, GBR, EC1N 2HT

Website

https://www.octopusinvestments.com

Octopus Future Generations VCT PLC is a manager of alternative investments and is engaged in investing in a diversified portfolio of UK smaller companies in order to generate capital growth over the long term as well as an attractive tax-free dividend stream.