Invinity Energy Systems (LSE:IES) Change In Receivables : £3.35 Mil (TTM As of Jun. 2024)

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What is Invinity Energy Systems Change In Receivables?

Invinity Energy Systems's change in receivables for the quarter that ended in Jun. 2024 was £0.92 Mil. It means Invinity Energy Systems's Accounts Receivable declined by £0.92 Mil from Dec. 2023 to Jun. 2024 .

Invinity Energy Systems's change in receivables for the fiscal year that ended in Dec. 2023 was £-1.49 Mil. It means Invinity Energy Systems's Accounts Receivable increased by £1.49 Mil from Dec. 2022 to Dec. 2023 .

Invinity Energy Systems's Accounts Receivable for the quarter that ended in Jun. 2024 was £1.53 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. Invinity Energy Systems's Days Sales Outstanding for the six months ended in Jun. 2024 was 170.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Invinity Energy Systems's liquidation value for the six months ended in Jun. 2024 was £42.87 Mil.

Invinity Energy Systems Change In Receivables Historical Data

The historical data trend for Invinity Energy Systems'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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Invinity Energy Systems Change In Receivables Chart

Invinity Energy Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.04

0.17

-1.97

-0.26

-1.49

Invinity Energy Systems Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial							-0.01	-0.25	-3.92	2.43	0.92

Invinity Energy Systems 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 £3.35 Mil.

Invinity Energy Systems (LSE:IES) 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.

Invinity Energy Systems's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.53	/	1.637	*	91
=	170.57

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

Invinity Energy Systems'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)
=	49.243	-	9.737	+	0.75 * 1.53	+	0.5 * 4.437
=	42.87

Invinity Energy Systems Change In Receivables Related Terms

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Invinity Energy Systems Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Invinity Energy Systems PLC (LSE:IES) » Definitions » Change In Receivables

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IESVF:USA IES:UK A10:Germany

Address

Castle Street, 3rd Floor, IFC5, St. Helier, JEY, JE2 3BY

Website

https://www.invinity.com

Invinity Energy Systems PLC operates in the manufacturing of vanadium flow battery systems and their related installation and other services. Its vanadium flow batteries are a form of heavy-duty, stationary energy storage, used in high-utilization applications such as being coupled with industrial-scale solar generation for distributed, low-carbon energy projects. The company's flow battery systems are ideal for commercial and industrial sites, grid network infrastructure projects, and off-grid applications, either standalone or alongside renewable energy such as solar PV. It generates the majority of its revenue from the sale of Battery systems and associated control systems. Its geographical segments are the United Kingdom, Asia, the United States, and Others.

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