M & G Highome Investment Trust (LSE:MGHC) Change In Receivables: £0.00 Mil (TTM As of Nov. 2016)

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What is M & G Highome Investment Trust Change In Receivables?

M & G Highome Investment Trust LSE:MGHC Change In Receivables is £0.00 Mil as of Nov. 2016. The stock has 3 warning signs investors should review.

M & G Highome Investment Trust's change in receivables for the quarter that ended in Nov. 2016 was £0.00 Mil. It means M & G Highome Investment Trust's Accounts Receivable stayed the same from May. 2016 to Nov. 2016 .

M & G Highome Investment Trust's change in receivables for the fiscal year that ended in May. 2016 was £-0.10 Mil. It means M & G Highome Investment Trust's Accounts Receivable increased by £0.10 Mil from May. 2015 to May. 2016 .

M & G Highome Investment Trust's Accounts Receivable for the quarter that ended in Nov. 2016 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. M & G Highome Investment Trust's Days Sales Outstanding for the six months ended in Nov. 2016 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. M & G Highome Investment Trust's liquidation value for the six months ended in Nov. 2016 was £-416.10 Mil.

M & G Highome Investment Trust  (LSE:MGHC) 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.

M & G Highome Investment Trust's Days Sales Outstanding for the quarter that ended in Nov. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/20.431*91
=0.00

2. In Ben Graham's calculation of liquidation value, M & G Highome Investment Trust's accounts receivable are only considered to be worth 75% of book value:

M & G Highome Investment Trust's liquidation value for the quarter that ended in Nov. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8.148-424.249+0.75 * 0+0.5 * 0
=-416.10

* 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.

M & G Highome Investment Trust Change In Receivables Related Terms

M & G Highome Investment Trust Change In Receivables Historical Data

* Premium members only.

The historical data trend for M & G Highome Investment Trust'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.

M & G Highome Investment Trust Change In Receivables Chart

M & G Highome Investment Trust Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 0.17 0.01 0.11 -0.10

M & G Highome Investment Trust Semi-Annual Data
May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16
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 0.00 0.00 0.00 0.00 0.00

M & G Highome Investment Trust 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 Nov. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 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 £0.00 Mil mean?
M & G Highome Investment Trust (LSE:MGHC) has a Change In Receivables of £0.00 Mil as of Nov. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for M & G Highome Investment Trust and its competitors.
Is M & G Highome Investment Trust's Change In Receivables too high?
M & G Highome Investment Trust's current Change In Receivables is £0.00 Mil.
How does M & G Highome Investment Trust's Change In Receivables compare to BKCC and TPVG?
M & G Highome Investment Trust's Change In Receivables of £0.00 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Change In Receivables depends on the Asset Management 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 M & G Highome Investment Trust and its competitors. M & G Highome Investment Trust's current Change In Receivables is £0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M & G Highome Investment Trust stock overvalued right now?
M & G Highome Investment Trust (LSE:MGHC) has a current Change In Receivables of £0.00 Mil. The current Change In Receivables is £0.00 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 M & G Highome Investment Trust (LSE:MGHC), the current Change In Receivables is £0.00 Mil as of Nov. 2016. 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.

M & G Highome Investment Trust Business Description

M & G High Income Investment Trust PLC was incorporated in United Kingdom on December 23, 1996. It is a split capital investment trust company with three classes of share: Zero Dividend Preference Shares, Income Shares and Capital Shares. The Company's investment objective is to achieve an above average and increasing income over the 20 year life of the Company and seeking to achieve capital growth.