Croma Security Solutions Group (LSE:CSSG) Change In Receivables : £-2.00 Mil (TTM As of Dec. 2023)

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What is Croma Security Solutions Group Change In Receivables?

Croma Security Solutions Group's change in receivables for the quarter that ended in Dec. 2023 was £-0.01 Mil. It means Croma Security Solutions Group's Accounts Receivable increased by £0.01 Mil from Jun. 2023 to Dec. 2023 .

Croma Security Solutions Group's change in receivables for the fiscal year that ended in Jun. 2023 was £-2.26 Mil. It means Croma Security Solutions Group's Accounts Receivable increased by £2.26 Mil from Jun. 2022 to Jun. 2023 .

Croma Security Solutions Group's Accounts Receivable for the quarter that ended in Dec. 2023 was £3.56 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. Croma Security Solutions Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 152.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Croma Security Solutions Group's liquidation value for the six months ended in Dec. 2023 was £2.73 Mil.

Croma Security Solutions Group Change In Receivables Historical Data

The historical data trend for Croma Security Solutions 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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Croma Security Solutions Group Change In Receivables Chart

Croma Security Solutions Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-0.05

1.63

-0.56

-1.63

-2.26

Croma Security Solutions Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															2.41	-4.04	-0.27	-2.00	-0.01

Croma Security Solutions 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.00 Mil.

Croma Security Solutions Group (LSE:CSSG) 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.

Croma Security Solutions Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.556	/	4.257	*	91
=	152.45

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

Croma Security Solutions Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.728	-	2.162	+	0.75 * 3.556	+	0.5 * 0.99
=	2.73

Croma Security Solutions Group Change In Receivables Related Terms

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Croma Security Solutions Group (LSE:CSSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Croma Security Solutions Group PLC (LSE:CSSG) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Unit 7 and 8, Solent Way, Fulcrum 4, Fareham, Whiteley, Hampshire, GBR, PO15 7FT

Website

https://www.cssgplc.com

Croma Security Solutions Group PLC is a UK based company, engaged in providing security services. Business activity of the group is operated through segments namely Croma Fire and Security, and Croma Locksmiths. The company offers asset protection through CTV security, fire, and alarm systems; identity management and access control; biometric entry systems; Locksmithing Keys, locks, and safes. The group derives majority of its revenue from Croma Locksmiths segment.

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