FireAngelfety Technology Group (LSE:FA.) Change In Receivables : £2.97 Mil (TTM As of Jun. 2023)

View and export this data going back to 2014. Start your Free Trial

What is FireAngelfety Technology Group Change In Receivables?

FireAngelfety Technology Group's change in receivables for the quarter that ended in Jun. 2023 was £3.09 Mil. It means FireAngelfety Technology Group's Accounts Receivable declined by £3.09 Mil from Dec. 2022 to Jun. 2023 .

FireAngelfety Technology Group's change in receivables for the fiscal year that ended in Dec. 2022 was £-4.15 Mil. It means FireAngelfety Technology Group's Accounts Receivable increased by £4.15 Mil from Dec. 2021 to Dec. 2022 .

FireAngelfety Technology Group's Accounts Receivable for the quarter that ended in Jun. 2023 was £10.83 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. FireAngelfety Technology Group's Days Sales Outstanding for the six months ended in Jun. 2023 was 92.17.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FireAngelfety Technology Group's liquidation value for the six months ended in Jun. 2023 was £-5.06 Mil.

FireAngelfety Technology Group Change In Receivables Historical Data

The historical data trend for FireAngelfety Technology 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.

* Premium members only.

FireAngelfety Technology Group Change In Receivables Chart

FireAngelfety Technology Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

Get a 7-Day Free Trial

4.75

-1.28

1.91

0.73

-4.15

FireAngelfety Technology Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial															0.63	0.10	-4.02	-0.13	3.09

FireAngelfety Technology 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £2.97 Mil.

FireAngelfety Technology Group (LSE:FA.) 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.

FireAngelfety Technology Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.832	/	21.448	*	91
=	92.17

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

FireAngelfety Technology Group's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.243	-	19.442	+	0.75 * 10.832	+	0.5 * 10.03
=	-5.06

FireAngelfety Technology Group Change In Receivables Related Terms

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

FireAngelfety Technology Group (LSE:FA.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » FireAngel Safety Technology Group PLC (LSE:FA.) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SPRP.GB:UK

Address

Sir William Lyons Road, The `Vanguard Centre, Coventry, West Midlands, GBR, CV4 7EZ

Website

https://www.fireangeltech.com

FireAngel Safety Technology Group PLC is a UK-based company, which is focused on providing market-foremost smoke detectors, carbon monoxide detectors, and other home safety products. Geographically, it derives majority of its revenue from the United Kingdom and has a presence throughout Continental Europe. It generates revenue from an operation such as International, Trade, Retail, Fire and Rescue Services, Utilities, and Pace Sensors. The company offers products under various brands which include FireAngel, AngelEye, FireAngel Pro, FireAngel Connect, and Pace Sensors.

FireAngelfety Technology Group (LSE:FA.) Headlines

No Headlines