ECO Buildings Group (LSE:ECOB) Change In Receivables : £0.08 Mil (TTM As of Dec. 2023)

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What is ECO Buildings Group Change In Receivables?

ECO Buildings Group's change in receivables for the quarter that ended in Dec. 2023 was £1.03 Mil. It means ECO Buildings Group's Accounts Receivable declined by £1.03 Mil from Jun. 2023 to Dec. 2023 .

ECO Buildings Group's change in receivables for the fiscal year that ended in Dec. 2023 was £0.08 Mil. It means ECO Buildings Group's Accounts Receivable declined by £0.08 Mil from Dec. 2022 to Dec. 2023 .

ECO Buildings Group's Accounts Receivable for the quarter that ended in Dec. 2023 was £0.53 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. ECO Buildings Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 1,036.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ECO Buildings Group's liquidation value for the six months ended in Dec. 2023 was £-4.71 Mil.

ECO Buildings Group Change In Receivables Historical Data

The historical data trend for ECO Buildings 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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ECO Buildings Group Change In Receivables Chart

ECO Buildings Group Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

-0.08

0.08

ECO Buildings Group Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Change In Receivables	-0.16	0.09	-0.95	1.03

ECO Buildings 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 £0.08 Mil.

ECO Buildings Group (LSE:ECOB) 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.

ECO Buildings 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
=	0.528	/	0.093	*	91
=	1,036.13

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

ECO Buildings 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)
=	0.583	-	6.589	+	0.75 * 0.528	+	0.5 * 1.796
=	-4.71

ECO Buildings Group Change In Receivables Related Terms

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ECO Buildings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ECO Buildings Group PLC (LSE:ECOB) » Definitions » Change In Receivables

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ECOB:UK

Address

160 Camden High Street, London, GBR, NW1 0NE

Website

https://www.eco-buildings.net

ECO Buildings Group Plc will operate in the prefabricated modular housing sector. The company has acquired the proven and innovative prefabricated modular technology using glass fibre-reinforced gypsum (GFRG), an alternative construction method to achieve faster and more economical development of residential, commercial, and industrial dwellings. Eco Buildings' range of modular housing products provides a solution for the construction of both affordable and high-end housing, with Eco Buildings' products being up to 50% cheaper, two-thirds lighter and five times faster to deploy than conventionally built homes.

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