JPMorgan European Discovery Trust (LSE:JEDT) Change In Receivables

: £-0.02 Mil (TTM As of Sep. 2023)

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JPMorgan European Discovery Trust's change in receivables for the quarter that ended in Sep. 2023 was £0.02 Mil. It means JPMorgan European Discovery Trust's Accounts Receivable declined by £0.02 Mil from Mar. 2023 to Sep. 2023 .

JPMorgan European Discovery Trust's change in receivables for the fiscal year that ended in Mar. 2023 was £-0.04 Mil. It means JPMorgan European Discovery Trust's Accounts Receivable increased by £0.04 Mil from Mar. 2022 to Mar. 2023 .

JPMorgan European Discovery Trust's Accounts Receivable for the quarter that ended in Sep. 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. JPMorgan European Discovery Trust's liquidation value for the six months ended in Sep. 2023 was £-31.97 Mil.

JPMorgan European Discovery Trust Change In Receivables Historical Data

The historical data trend for JPMorgan European Discovery 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -0.65 [6] => 0.63 [7] => -0.02 [8] => -0.01 [9] => -0.04 )

JPMorgan European Discovery Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-0.65

0.63

-0.02

-0.01

-0.04

JPMorgan European Discovery Trust Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables																0.01	-0.02	-	-0.04	0.02

JPMorgan European Discovery 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.02 Mil.

JPMorgan European Discovery Trust (LSE:JEDT) 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.

JPMorgan European Discovery Trust's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	-86.647	*	91
=

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

JPMorgan European Discovery Trust's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	43.53	-	75.496	+	0.75 * 0	+	0.5 * 0
=	-31.97

JPMorgan European Discovery Trust Change In Receivables Related Terms

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JPMorgan European Discovery Trust (LSE:JEDT) Business Description

Industry

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JEDTl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.jpmeuropeandiscovery.co.uk

JPMorgan European Discovery Trust PLC is an investment trust company. Its objective is to achieve capital growth from smaller European companies (excluding the United Kingdom). In seeking to achieve this objective, the Company employs JPMorgan Funds Limited which, in turn, delegates portfolio management to JPMorgan Asset Management (UK) Limited to actively manage the company's assets. The investment policy emphasizes capital growth rather than income. It has a presence in the Netherlands, Sweden, Italy, Germany, France, Norway, Austria, Belgium, Switzerland, and Spain.

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