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Murray International Trust (LSE:MYI) Accounts Receivable : £0.0 Mil (As of Dec. 2024)


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What is Murray International Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Murray International Trust's accounts receivables for the quarter that ended in Dec. 2024 was £0.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Murray International Trust's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Murray International Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was £-0.17.


Murray International Trust Accounts Receivable Historical Data

The historical data trend for Murray International Trust's Accounts Receivable 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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Murray International Trust Accounts Receivable Chart

Murray International Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
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Murray International Trust Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Murray International Trust Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Murray International Trust Accounts Receivable 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 receivables are being managed.

Murray International Trust's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/42.876*91
=0.00

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Murray International Trust's accounts receivable are only considered to be worth 75% of book value:

Murray International Trust's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8.732+0.75 * 0+0.5 * 0-113.045
-0-0)/603.129
=-0.17

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Murray International Trust Accounts Receivable Related Terms

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Murray International Trust Business Description

Traded in Other Exchanges
N/A
Address
1 George Street, Edinburgh, GBR, EH2 2LL
Murray International Trust PLC is a UK-based investment trust. It invests in a portfolio that varies from international equities to fixed-income securities, Aberdeen solutions, and property. Investments are made only from a long-term perspective. It generates revenues from the fees it charges based on the levels of assets under management.