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European Green Transition (LSE:EGT) Change In Receivables : £-0.09 Mil (TTM As of Jun. 2024)


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What is European Green Transition Change In Receivables?

European Green Transition's change in receivables for the quarter that ended in Jun. 2024 was £-0.09 Mil. It means European Green Transition's Accounts Receivable increased by £0.09 Mil from Dec. 2023 to Jun. 2024 .

European Green Transition's change in receivables for the fiscal year that ended in Dec. 2023 was £-0.03 Mil. It means European Green Transition's Accounts Receivable increased by £0.03 Mil from Dec. 2022 to Dec. 2023 .

European Green Transition's Accounts Receivable for the quarter that ended in Jun. 2024 was £0.07 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. European Green Transition's liquidation value for the six months ended in Jun. 2024 was £4.51 Mil.


European Green Transition Change In Receivables Historical Data

The historical data trend for European Green Transition'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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European Green Transition Change In Receivables Chart

European Green Transition Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
- - -0.03

European Green Transition Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables Get a 7-Day Free Trial 0.01 - - - -0.09

European Green Transition 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 £-0.09 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.


European Green Transition  (LSE:EGT) 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.

European Green Transition's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.065/0*91
=

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

European Green Transition'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)
=4.879-0.42+0.75 * 0.065+0.5 * 0
=4.51

* 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.


European Green Transition Change In Receivables Related Terms

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European Green Transition Business Description

Traded in Other Exchanges
N/A
Address
The Walbrook Building, 25 Walbrook, London, GBR, EC4N 8AF
European Green Transition PLC is focussed on building a pipeline of high-quality green economy assets in Europe. It aims to acquire high quality projects which are distressed, under-valued and capital restricted. EGT is to build a portfolio of green economy assets within a sustainable, profitable business, focused on generating returns and creating shareholder value.

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