Ashington Innovation (LSE:ASHI) Change In Receivables : £-0.01 Mil (TTM As of Jun. 2024)

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What is Ashington Innovation Change In Receivables?

Ashington Innovation's change in receivables for the quarter that ended in Jun. 2024 was £-0.02 Mil. It means Ashington Innovation's Accounts Receivable increased by £0.02 Mil from Jan. 2023 to Jun. 2024 .

Ashington Innovation's change in receivables for the fiscal year that ended in Jul. 2022 was £-0.01 Mil. It means Ashington Innovation's Accounts Receivable increased by £0.01 Mil from Jul. 2021 to Jul. 2022 .

Ashington Innovation's Accounts Receivable for the quarter that ended in Jun. 2024 was £0.04 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. Ashington Innovation's liquidation value for the six months ended in Jun. 2024 was £-0.04 Mil.

Ashington Innovation Change In Receivables Historical Data

The historical data trend for Ashington Innovation'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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Ashington Innovation Change In Receivables Chart

Ashington Innovation Annual Data

Trend

Jul21

Jul22

Dec24

Change In Receivables

-0.01

Ashington Innovation Semi-Annual Data
	Jul21	Jul22	Jan23	Jun24	Dec24
Change In Receivables	-	-	-	-0.02	0.01

Ashington Innovation 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.01 Mil.

Ashington Innovation (LSE:ASHI) 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.

Ashington Innovation's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.042	/	0	*	91
=

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

Ashington Innovation's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.062	-	0.137	+	0.75 * 0.042	+	0.5 * 0
=	-0.04

Ashington Innovation Change In Receivables Related Terms

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Ashington Innovation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ashington Innovation PLC (LSE:ASHI) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

27/28 Eastcastle Street, London, GBR, W1W 8DH

Website

https://www.ashingtoninnovationplc.com

Ashington Innovation PLC is a Special Purpose Acquisition Company.

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