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ClearDebt Group (LSE:CLEA) Change In Receivables : £0.27 Mil (TTM As of Dec. 2012)


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What is ClearDebt Group Change In Receivables?

ClearDebt Group's change in receivables for the quarter that ended in Dec. 2012 was £0.27 Mil. It means ClearDebt Group's Accounts Receivable declined by £0.27 Mil from Jun. 2012 to Dec. 2012 .

ClearDebt Group's change in receivables for the fiscal year that ended in Jun. 2012 was £-1.25 Mil. It means ClearDebt Group's Accounts Receivable increased by £1.25 Mil from Jun. 2011 to Jun. 2012 .

ClearDebt Group's Accounts Receivable for the quarter that ended in Dec. 2012 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. ClearDebt Group's Days Sales Outstanding for the six months ended in Dec. 2012 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ClearDebt Group's liquidation value for the six months ended in Dec. 2012 was £-2.97 Mil.


ClearDebt Group Change In Receivables Historical Data

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

ClearDebt Group Annual Data
Trend Dec02 Dec03 Dec04 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 -0.26 -0.42 -0.93 -1.25

ClearDebt Group Semi-Annual Data
Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.22 - -0.14 - 0.27

ClearDebt 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 Dec. 2012 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.27 Mil.

* 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.


ClearDebt Group  (LSE:CLEA) 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.

ClearDebt Group's Days Sales Outstanding for the quarter that ended in Dec. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/4.66*91
=0.00

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

ClearDebt Group's liquidation value for the quarter that ended in Dec. 2012 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.406-4.373+0.75 * 0+0.5 * 0
=-2.97

* 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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ClearDebt Group (LSE:CLEA) Business Description

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