GRIT Investment Trust (LSE:GRIT) Change In Receivables : £0.11 Mil (TTM As of Jun. 2023)

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What is GRIT Investment Trust Change In Receivables?

GRIT Investment Trust's change in receivables for the quarter that ended in Jun. 2023 was £0.12 Mil. It means GRIT Investment Trust's Accounts Receivable declined by £0.12 Mil from Dec. 2022 to Jun. 2023 .

GRIT Investment Trust's change in receivables for the fiscal year that ended in Dec. 2022 was £-0.14 Mil. It means GRIT Investment Trust's Accounts Receivable increased by £0.14 Mil from Dec. 2021 to Dec. 2022 .

GRIT Investment Trust's Accounts Receivable for the quarter that ended in Jun. 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. GRIT Investment Trust's liquidation value for the six months ended in Jun. 2023 was £-0.46 Mil.

GRIT Investment Trust Change In Receivables Historical Data

The historical data trend for GRIT Investment Trust'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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GRIT Investment Trust Change In Receivables Chart

GRIT Investment Trust Annual Data

Trend

Aug13

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.01

0.01

-0.14

GRIT Investment Trust Semi-Annual Data
	Aug14	Feb15	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													-	-	-0.14	-	0.12

GRIT Investment Trust 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 £0.11 Mil.

GRIT Investment Trust (LSE:GRIT) 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.

GRIT Investment Trust's Days Sales Outstanding for the quarter that ended in Jun. 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, GRIT Investment Trust's accounts receivable are only considered to be worth 75% of book value:

GRIT Investment Trust'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)
=	0.019	-	0.477	+	0.75 * 0	+	0.5 * 0
=	-0.46

GRIT Investment Trust Change In Receivables Related Terms

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GRIT Investment Trust (LSE:GRIT) Business Description

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Address

80 Cheapside, 3rd Floor, London, GBR, EC2V 6EE

Website

http://www.grinvestmenttrust.com

GRIT Investment Trust PLC is an investment fund specializing in the natural resources industry. Its objective is to generate medium and long-term capital growth through the portfolio of mainly small and mid-capitalization natural resources and mining companies, which are listed on a relevant exchange.

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