Concurrent Technologies (LSE:CNC) Change In Receivables : £-2.09 Mil (TTM As of Jun. 2024)

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What is Concurrent Technologies Change In Receivables?

Concurrent Technologies's change in receivables for the quarter that ended in Jun. 2024 was £-0.96 Mil. It means Concurrent Technologies's Accounts Receivable increased by £0.96 Mil from Dec. 2023 to Jun. 2024 .

Concurrent Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was £-1.03 Mil. It means Concurrent Technologies's Accounts Receivable increased by £1.03 Mil from Dec. 2022 to Dec. 2023 .

Concurrent Technologies's Accounts Receivable for the quarter that ended in Jun. 2024 was £7.40 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. Concurrent Technologies's Days Sales Outstanding for the six months ended in Jun. 2024 was 80.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Concurrent Technologies's liquidation value for the six months ended in Jun. 2024 was £11.43 Mil.

Concurrent Technologies Change In Receivables Historical Data

The historical data trend for Concurrent Technologies'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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Concurrent Technologies Change In Receivables Chart

Concurrent Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.65

0.35

-0.63

-2.45

-1.03

Concurrent Technologies Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-0.47	-1.98	0.10	-1.13	-0.96

Concurrent Technologies 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 £-2.09 Mil.

Concurrent Technologies (LSE:CNC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.403	/	16.806	*	91
=	80.39

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

Concurrent Technologies'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)
=	8.948	-	8.418	+	0.75 * 7.403	+	0.5 * 10.687
=	11.43

Concurrent Technologies Change In Receivables Related Terms

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Concurrent Technologies Business Description

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FJV:Germany

Address

4 Gilberd Court, Newcomen Way, Colchester, Essex, GBR, CO4 9WN

Website

https://www.gocct.com

Concurrent Technologies PLC is engaged in designing, manufacturing, and supplying innovative high-end embedded computer products aimed at a wide base of customers within the defense, telecommunications, aerospace, transport, scientific, and industrial markets. Its core product range is central processing unit (CPU) boards, designed using Intel processors including the high-performance 11th-generation embedded Intel Core and Intel Xeon processors designed to be compliant with the CompactPCI, OpenVPX, VME, AMC, and XMC open architecture standards. The company's products also support many operating systems including Microsoft Windows, Linux, Solaris, QNX, and VxWorks all of which are commonly used as standards in embedded applications.