Kainos Group (FRA:1KG) Change In Receivables : €13.1 Mil (TTM As of Sep. 2024)

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What is Kainos Group Change In Receivables?

Kainos Group's change in receivables for the quarter that ended in Sep. 2024 was €7.9 Mil. It means Kainos Group's Accounts Receivable declined by €7.9 Mil from Mar. 2024 to Sep. 2024 .

Kainos Group's change in receivables for the fiscal year that ended in Mar. 2024 was €2.7 Mil. It means Kainos Group's Accounts Receivable declined by €2.7 Mil from Mar. 2023 to Mar. 2024 .

Kainos Group's Accounts Receivable for the quarter that ended in Sep. 2024 was €34.1 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. Kainos Group's Days Sales Outstanding for the six months ended in Sep. 2024 was 28.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kainos Group's liquidation value for the six months ended in Sep. 2024 was €50.3 Mil.

Kainos Group Change In Receivables Historical Data

The historical data trend for Kainos 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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Kainos Group Change In Receivables Chart

Kainos Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-4.05

-10.79

-27.51

-3.83

2.73

Kainos Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-3.51	-0.35	-2.47	5.22	7.93

Kainos 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €13.1 Mil.

Kainos Group (FRA:1KG) 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.

Kainos Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	34.07	/	218.234	*	91
=	28.49

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

Kainos Group's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	180.648	-	155.947	+	0.75 * 34.07	+	0.5 * 0
=	50.3

Kainos Group Change In Receivables Related Terms

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Kainos Group Business Description

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KNNNF:USA KNOSl:UK KNOS:UK

Address

4-6 Upper Crescent, Kainos House, Northern Ireland, Belfast, GBR, BT7 1NT

Website

https://www.kainos.com

Kainos Group PLC provides information technology services, consulting, and software solutions. It is structured into three divisions namely Digital Services, Workday Services, and Workday Products. Digital Services which derives key revenue, includes full life cycle development and support of digital solutions for government and commercial customers. The Workday Services division specializes in deploying and supporting Workday's Finance, HR, and Planning products. The Workday Products division develops products that complement Workday such as the smart product suite, including Smart Test, Smart Audit, and Smart Shield. Geographically, the company's maximum revenue is generated from the United Kingdom and Ireland and the rest from North America, Central Europe, and the Rest of the world.

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