Middlefield Canadianome PCC (LSE:MCT) Change In Receivables : £-0.03 Mil (TTM As of Dec. 2023)

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What is Middlefield Canadianome PCC Change In Receivables?

Middlefield Canadianome PCC's change in receivables for the quarter that ended in Dec. 2023 was £0.01 Mil. It means Middlefield Canadianome PCC's Accounts Receivable declined by £0.01 Mil from Jun. 2023 to Dec. 2023 .

Middlefield Canadianome PCC's change in receivables for the fiscal year that ended in Dec. 2023 was £-0.02 Mil. It means Middlefield Canadianome PCC's Accounts Receivable increased by £0.02 Mil from Dec. 2022 to Dec. 2023 .

Middlefield Canadianome PCC's Accounts Receivable for the quarter that ended in Dec. 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. Middlefield Canadianome PCC's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Middlefield Canadianome PCC's liquidation value for the six months ended in Dec. 2023 was £-17.86 Mil.

Middlefield Canadianome PCC Change In Receivables Historical Data

The historical data trend for Middlefield Canadianome PCC'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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Middlefield Canadianome PCC Change In Receivables Chart

Middlefield Canadianome PCC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.04

0.13

-0.19

-0.02

Middlefield Canadianome PCC Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial											-0.10	0.01	-0.01	-0.03	0.01

Middlefield Canadianome PCC 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.03 Mil.

Middlefield Canadianome PCC (LSE:MCT) 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.

Middlefield Canadianome PCC's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	3.75	*	91
=	0.00

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

Middlefield Canadianome PCC's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.433	-	22.292	+	0.75 * 0	+	0.5 * 0
=	-17.86

Middlefield Canadianome PCC Change In Receivables Related Terms

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Middlefield Canadianome PCC (LSE:MCT) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Middlefield Canadian Income PCC (LSE:MCT) » Definitions » Change In Receivables

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MCTl:UK

Address

28 Esplanade, St Helier, JEY, JE2 3QA

Website

https://www.middlefield.co.uk/mcit.htm

Middlefield Canadian Income PCC is a closed-ended fund. Its investment objective is to provide shareholders with a high level of dividends and capital growth over the longer term. The fund intends to pay dividends on a quarterly basis each year. It intends to achieve its investment objective by investing predominantly in the securities of companies and REITs domiciled in Canada and listed on the Canadian Stock Exchange. It invests in various market sectors, of which the major share is invested in Real Estate, Financials, Utilities, Pipelines, and Technology sectors.

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