Springfield Properties (LSE:SPR) Change In Receivables : £5.5 Mil (TTM As of Nov. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Springfield Properties Change In Receivables?

Springfield Properties's change in receivables for the quarter that ended in Nov. 2023 was £1.9 Mil. It means Springfield Properties's Accounts Receivable declined by £1.9 Mil from May. 2023 to Nov. 2023 .

Springfield Properties's change in receivables for the fiscal year that ended in May. 2023 was £-0.4 Mil. It means Springfield Properties's Accounts Receivable increased by £0.4 Mil from May. 2022 to May. 2023 .

Springfield Properties's Accounts Receivable for the quarter that ended in Nov. 2023 was £20.8 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. Springfield Properties's Days Sales Outstanding for the six months ended in Nov. 2023 was 31.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Springfield Properties's liquidation value for the six months ended in Nov. 2023 was £-12.0 Mil.

Springfield Properties Change In Receivables Historical Data

The historical data trend for Springfield Properties'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.

Springfield Properties Change In Receivables Chart

Springfield Properties Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Receivables

Get a 7-Day Free Trial

0.65

6.53

-14.32

4.25

-0.40

Springfield Properties Semi-Annual Data
	May15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Change In Receivables	Get a 7-Day Free Trial												-3.49	7.74	-4.02	3.62	1.86

Springfield Properties 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 Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £5.5 Mil.

Springfield Properties (LSE:SPR) 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.

Springfield Properties's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.774	/	121.685	*	91
=	31.16

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

Springfield Properties's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.097	-	176.027	+	0.75 * 20.774	+	0.5 * 276.783
=	-12.0

Springfield Properties Change In Receivables Related Terms

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

Springfield Properties (LSE:SPR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Springfield Properties PLC (LSE:SPR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

9MZ:Germany

Address

8 Southfield Drive, Alexander Fleming House, Elgin, Morayshire, GBR, IV30 6GR

Website

https://www.thespringfieldgroup.co.uk

Springfield Properties PLC is a housebuilder focused on developing a mix of private and affordable housing in Scotland. The group primarily focuses on sourcing land for private housing in areas with high growth potential and progressing those developments through the planning process. It has one segment that is Housing building activity in the United Kingdom. It earns revenue from private residential properties, affordable housing, contact housing and others.