Highway Capital (LSE:HWC) Change In Receivables: £0.02 Mil (TTM As of Feb. 2023)

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What is Highway Capital Change In Receivables?

Highway Capital LSE:HWC Change In Receivables is £0.02 Mil as of Feb. 2023.

Highway Capital's change in receivables for the quarter that ended in Feb. 2023 was £-0.00 Mil. It means Highway Capital's Accounts Receivable increased by £0.00 Mil from Aug. 2022 to Feb. 2023 .

Highway Capital's change in receivables for the fiscal year that ended in Feb. 2023 was £0.02 Mil. It means Highway Capital's Accounts Receivable declined by £0.02 Mil from Feb. 2022 to Feb. 2023 .

Highway Capital's Accounts Receivable for the quarter that ended in Feb. 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. Highway Capital's liquidation value for the six months ended in Feb. 2023 was £-1.86 Mil.

Highway Capital  (LSE:HWC) 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.

Highway Capital's Days Sales Outstanding for the quarter that ended in Feb. 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, Highway Capital's accounts receivable are only considered to be worth 75% of book value:

Highway Capital's liquidation value for the quarter that ended in Feb. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-1.859+0.75 * 0+0.5 * 0
=-1.86

* 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.

Highway Capital Change In Receivables Related Terms

Highway Capital Change In Receivables Historical Data

* Premium members only.

The historical data trend for Highway Capital'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.

Highway Capital Change In Receivables Chart

Highway Capital Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.01 -0.01 0.02 0.01

Highway Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Feb24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 0.00 0.02 -0.00 0.00

Highway Capital 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 Feb. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.02 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of £0.02 Mil mean?
Highway Capital (LSE:HWC) has a Change In Receivables of £0.02 Mil as of Feb. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Highway Capital and its competitors.
Is Highway Capital's Change In Receivables too high?
Highway Capital's current Change In Receivables is £0.02 Mil.
How does Highway Capital's Change In Receivables compare to HON and MMM?
Highway Capital's Change In Receivables of £0.02 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Conglomerates company?
A good Change In Receivables depends on the Conglomerates industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Highway Capital and its competitors. Highway Capital's current Change In Receivables is £0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highway Capital stock overvalued right now?
Highway Capital (LSE:HWC) has a current Change In Receivables of £0.02 Mil. The current Change In Receivables is £0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Highway Capital (LSE:HWC), the current Change In Receivables is £0.02 Mil as of Feb. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Highway Capital Business Description

Address Reynolds Road, Eden House, Beaconsfield, Buckinghamshire, GBR, HP9 2FL
Highway Capital PLC is a United Kingdom-based company. The company focuses on investing in or acquiring undervalued companies with either strong asset backing or opportunities, which possess high barriers to entry.