Mercia Asset Management (LSE:MERC) Change In Receivables : £0.92 Mil (TTM As of Sep. 2024)

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What is Mercia Asset Management Change In Receivables?

Mercia Asset Management's change in receivables for the quarter that ended in Sep. 2024 was £0.74 Mil. It means Mercia Asset Management's Accounts Receivable declined by £0.74 Mil from Mar. 2024 to Sep. 2024 .

Mercia Asset Management's change in receivables for the fiscal year that ended in Mar. 2024 was £0.80 Mil. It means Mercia Asset Management's Accounts Receivable declined by £0.80 Mil from Mar. 2023 to Mar. 2024 .

Mercia Asset Management's Accounts Receivable for the quarter that ended in Sep. 2024 was £3.23 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. Mercia Asset Management's Days Sales Outstanding for the six months ended in Sep. 2024 was 32.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mercia Asset Management's liquidation value for the six months ended in Sep. 2024 was £29.76 Mil.

Mercia Asset Management Change In Receivables Historical Data

The historical data trend for Mercia Asset Management'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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Mercia Asset Management Change In Receivables Chart

Mercia Asset Management Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-0.51

-2.76

2.99

-1.09

0.80

Mercia Asset Management Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-0.08	-1.00	0.62	0.18	0.74

Mercia Asset Management 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.92 Mil.

Mercia Asset Management (LSE:MERC) 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.

Mercia Asset Management's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.231	/	17.908	*	91
=	32.93

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

Mercia Asset Management's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	46.214	-	18.877	+	0.75 * 3.231	+	0.5 * 0
=	29.76

Mercia Asset Management Change In Receivables Related Terms

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Mercia Asset Management Business Description

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Address

17 High Street, Forward House, Henley-in-Arden, Warwickshire, GBR, B95 5AA

Website

https://www.mercia.co.uk

Mercia Asset Management PLC is a specialist asset manager focusing on supporting regional SMEs. The company provides capital across its four asset classes proprietary balance sheet capital, venture capital, private equity, and debt. The company initially nurtures businesses via its third-party funds under management and then, over time, provides further funding to the companies by deploying direct investment follow-on capital from its balance sheet. It has more than eight offices in the UK region, approx. 20 university partnerships and extensive personal networks, providing it with access to high-quality deal flow.