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The Property Franchise Group (LSE:TPFG) Change In Receivables : £-0.32 Mil (TTM As of Dec. 2023)


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What is The Property Franchise Group Change In Receivables?

The Property Franchise Group's change in receivables for the quarter that ended in Dec. 2023 was £0.46 Mil. It means The Property Franchise Group's Accounts Receivable declined by £0.46 Mil from Jun. 2023 to Dec. 2023 .

The Property Franchise Group's change in receivables for the fiscal year that ended in Dec. 2023 was £-0.32 Mil. It means The Property Franchise Group's Accounts Receivable increased by £0.32 Mil from Dec. 2022 to Dec. 2023 .

The Property Franchise Group's Accounts Receivable for the quarter that ended in Dec. 2023 was £1.90 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. The Property Franchise Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Property Franchise Group's liquidation value for the six months ended in Dec. 2023 was £-7.80 Mil.


The Property Franchise Group Change In Receivables Historical Data

The historical data trend for The Property Franchise Group'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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The Property Franchise Group Change In Receivables Chart

The Property Franchise Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.02 0.25 -0.84 -0.32

The Property Franchise Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.69 -1.07 0.23 -0.78 0.46

The Property Franchise Group 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 £-0.32 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.


The Property Franchise Group  (LSE:TPFG) 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.

The Property Franchise Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.9/14.096*91
=24.60

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

The Property Franchise Group'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)
=7.642-16.867+0.75 * 1.9+0.5 * 0
=-7.80

* 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.


The Property Franchise Group Change In Receivables Related Terms

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The Property Franchise Group (LSE:TPFG) Business Description

Traded in Other Exchanges
N/A
Address
St Stephen's Road, 2 St Stephen's Court, Bournemouth, Dorset, GBR, BH2 6LA
The Property Franchise Group PLC is a UK-based company, engaged in the residential property franchising business. The principal activity of the group is the sale of franchises and the support of franchisees in supplying residential letting, sales, and property management services within the UK. Its brands include CJ Hole, Ellis & Co, Ewemove, Martin & Co, Parkers, and Whitegates. It derives the revenue from management service fees and the rest from franchise sales and others.

The Property Franchise Group (LSE:TPFG) Headlines

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