Merit Group (LSE:MRIT) Change In Receivables : £-1.56 Mil (TTM As of Sep. 2023)

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What is Merit Group Change In Receivables?

Merit Group's change in receivables for the quarter that ended in Sep. 2023 was £-0.46 Mil. It means Merit Group's Accounts Receivable increased by £0.46 Mil from Mar. 2023 to Sep. 2023 .

Merit Group's change in receivables for the fiscal year that ended in Mar. 2023 was £-1.52 Mil. It means Merit Group's Accounts Receivable increased by £1.52 Mil from Mar. 2022 to Mar. 2023 .

Merit Group's Accounts Receivable for the quarter that ended in Sep. 2023 was £5.50 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. Merit Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 101.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Merit Group's liquidation value for the six months ended in Sep. 2023 was £-6.99 Mil.

Merit Group Change In Receivables Historical Data

The historical data trend for Merit 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.

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Merit Group Change In Receivables Chart

Merit Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-0.11

-1.01

0.85

0.43

-1.52

Merit Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-0.20	0.63	-0.42	-1.10	-0.46

Merit 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-1.56 Mil.

Merit Group (LSE:MRIT) 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.

Merit Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.503	/	9.899	*	91
=	101.45

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

Merit Group's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.069	-	12.185	+	0.75 * 5.503	+	0.5 * 0
=	-6.99

Merit Group Change In Receivables Related Terms

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Merit Group (LSE:MRIT) Business Description

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Address

32 London Bridge Street, 9th Floor, The Shard, London, GBR, SE1 9SG

Website

https://www.meritgroupplc.com

Merit Group PLC provides data, business, and political intelligence. The group operates through two operating segments namely, Dods and Merit Data and Technology. Dods business segment concentrates on the provision of key information and insights into the political and public policy environments around the UK and the European Union. The Merit Data and Technology segment focuses on the fields of data engineering, machine learning, and artificial intelligence. The company generates the majority of its revenue from Merit Data & Technology segment.

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