DG Innovate (LSE:DGI) Change In Receivables : £0.57 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is DG Innovate Change In Receivables?

DG Innovate's change in receivables for the quarter that ended in Dec. 2023 was £-0.04 Mil. It means DG Innovate's Accounts Receivable increased by £0.04 Mil from Jun. 2023 to Dec. 2023 .

DG Innovate's change in receivables for the fiscal year that ended in Dec. 2023 was £0.57 Mil. It means DG Innovate's Accounts Receivable declined by £0.57 Mil from Dec. 2022 to Dec. 2023 .

DG Innovate's Accounts Receivable for the quarter that ended in Dec. 2023 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. DG Innovate's liquidation value for the six months ended in Dec. 2023 was £-0.98 Mil.

DG Innovate Change In Receivables Historical Data

The historical data trend for DG Innovate'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.

* Premium members only.

DG Innovate Change In Receivables Chart

DG Innovate Annual Data

Trend

Mar19

Mar20

Mar21

Dec22

Dec23

Change In Receivables

-0.01

0.41

-0.17

-0.80

0.57

DG Innovate Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial				0.09	-0.81	-	0.61	-0.04

DG Innovate 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 £0.57 Mil.

DG Innovate (LSE:DGI) 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.

DG Innovate's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

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

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

DG Innovate'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)
=	1.88	-	2.86	+	0.75 * 0	+	0.5 * 0
=	-0.98

DG Innovate Change In Receivables Related Terms

Thank you for viewing the detailed overview of DG Innovate's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

DG Innovate Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » DG Innovate PLC (LSE:DGI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mill Field Road, 15 Victoria Mews Cottingley Business Park, Bingley, GBR, BD16 1PY

Website

https://www.dgiplc.com

DG Innovate PLC is a research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and storage, using abundant materials and engineering & scientific practices. The company is currently developing its products alongside several major manufacturers across the transportation and energy sectors, research institutions and the UK Government and has filed 18 patents worldwide.