MDM Engineering Group (LSE:MDM) Change In Receivables : £2.22 Mil (TTM As of Mar. 2014)

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

What is MDM Engineering Group Change In Receivables?

MDM Engineering Group's change in receivables for the quarter that ended in Mar. 2014 was £-3.25 Mil. It means MDM Engineering Group's Accounts Receivable increased by £3.25 Mil from Sep. 2013 to Mar. 2014 .

MDM Engineering Group's change in receivables for the fiscal year that ended in Mar. 2014 was £1.97 Mil. It means MDM Engineering Group's Accounts Receivable declined by £1.97 Mil from Mar. 2013 to Mar. 2014 .

MDM Engineering Group's Accounts Receivable for the quarter that ended in Mar. 2014 was £11.59 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. MDM Engineering Group's Days Sales Outstanding for the six months ended in Mar. 2014 was 63.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MDM Engineering Group's liquidation value for the six months ended in Mar. 2014 was £8.01 Mil.

MDM Engineering Group Change In Receivables Historical Data

The historical data trend for MDM Engineering 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.

MDM Engineering Group Change In Receivables Chart

MDM Engineering Group Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Change In Receivables

Get a 7-Day Free Trial

-1.90

2.02

-11.67

0.62

1.97

MDM Engineering Group Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14
Change In Receivables	-10.00	-3.29	4.14	5.47	-3.25

MDM Engineering 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 Mar. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £2.22 Mil.

MDM Engineering Group (LSE:MDM) 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.

MDM Engineering Group's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.592	/	33.177	*	91
=	63.77

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

MDM Engineering Group's liquidation value for the quarter that ended in Mar. 2014 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11.213	-	11.896	+	0.75 * 11.592	+	0.5 * 0
=	8.01

MDM Engineering Group Change In Receivables Related Terms

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

MDM Engineering Group (LSE:MDM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MDM Engineering Group Ltd (LSE:MDM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.mdm-engineering.com

MDM Engineering Group Ltd is engaged in the mineral process engineering and project management. The company has operations in the South Africa.

MDM Engineering Group (LSE:MDM) Headlines

No Headlines