Record (LSE:REC) Change In Receivables : £-0.53 Mil (TTM As of Sep. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Record Change In Receivables?

Record's change in receivables for the quarter that ended in Sep. 2023 was £1.63 Mil. It means Record's Accounts Receivable declined by £1.63 Mil from Mar. 2023 to Sep. 2023 .

Record's change in receivables for the fiscal year that ended in Mar. 2023 was £-4.49 Mil. It means Record's Accounts Receivable increased by £4.49 Mil from Mar. 2022 to Mar. 2023 .

Record's Accounts Receivable for the quarter that ended in Sep. 2023 was £13.10 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. Record's Days Sales Outstanding for the six months ended in Sep. 2023 was 111.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Record's liquidation value for the six months ended in Sep. 2023 was £17.76 Mil.

Record Change In Receivables Historical Data

The historical data trend for Record'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.

Record Change In Receivables Chart

Record Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

Get a 7-Day Free Trial

-0.77

-1.28

0.70

-1.88

-4.49

Record 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	Get a 7-Day Free Trial															-0.79	-1.09	-2.32	-2.17	1.63

Record 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 £-0.53 Mil.

Record (LSE:REC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.097	/	21.469	*	91
=	111.33

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

Record'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)
=	14.837	-	6.896	+	0.75 * 13.097	+	0.5 * 0
=	17.76

Record Change In Receivables Related Terms

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

Record (LSE:REC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Record PLC (LSE:REC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Morgan House, Madeira Walk, Windsor, Berkshire, GBR, SL4 1EP

Website

https://www.recordfg.com

Record PLC is a United Kingdom-based company currency management firm. The company provides services to clients such as pension funds, charities, foundations, endowments, and family offices, as well as other fund managers and corporate entities. Geographically, it derives a majority of revenue from Switzerland and also has a presence in the United Kingdom, United States, and Other Countries. Revenue comprises of mainly management fees, and performance fees. Its services include Core Passive Hedging, Tenor Management, Dynamic Hedging, Signal Hedging, Asset-Backed Hedging, Cross Currency Liquidity, Liquidity Management, and others.