Made Tech Group (LSE:MTEC) Change In Receivables : £-0.80 Mil (TTM As of Nov. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Made Tech Group Change In Receivables?

Made Tech Group's change in receivables for the quarter that ended in Nov. 2024 was £-1.43 Mil. It means Made Tech Group's Accounts Receivable increased by £1.43 Mil from May. 2024 to Nov. 2024 .

Made Tech Group's change in receivables for the fiscal year that ended in May. 2024 was £-0.47 Mil. It means Made Tech Group's Accounts Receivable increased by £0.47 Mil from May. 2023 to May. 2024 .

Made Tech Group's Accounts Receivable for the quarter that ended in Nov. 2024 was £8.09 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. Made Tech Group's Days Sales Outstanding for the six months ended in Nov. 2024 was 67.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Made Tech Group's liquidation value for the six months ended in Nov. 2024 was £10.40 Mil.

Made Tech Group Change In Receivables Historical Data

The historical data trend for Made Tech 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.

Made Tech Group Change In Receivables Chart

Made Tech Group Annual Data

Trend

May19

May20

May21

May22

May23

May24

Change In Receivables

Get a 7-Day Free Trial

-1.05

-1.03

-3.52

-0.13

-0.47

Made Tech Group Semi-Annual Data
	May19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Change In Receivables	Get a 7-Day Free Trial						0.53	-0.66	-1.10	0.63	-1.43

Made Tech 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 Nov. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.80 Mil.

Made Tech Group (LSE:MTEC) 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.

Made Tech Group's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.087	/	21.752	*	91
=	67.85

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

Made Tech Group's liquidation value for the quarter that ended in Nov. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	9.107	-	4.768	+	0.75 * 8.087	+	0.5 * 0
=	10.40

Made Tech Group Change In Receivables Related Terms

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

Made Tech Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Made Tech Group PLC (LSE:MTEC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

5UH:Germany

Address

4 O’Meara Street, London, GBR, SE1 1TE

Website

https://www.madetech.com

Made Tech Group PLC provides digital, data and technology services to the UK public sector, that enables central government, healthcare, and local government organisations to digitally transform. Its projects include delivering and operating the Multichannel Digital Tax Platform (MDTP), which runs HMRC's Making Tax Digital services; supporting the Ministry of Justice to modernise the technology within the prison estate; and working with DVLA to digitally transform key services such as the UK provisional driving licence system.

Made Tech Group Headlines

No Headlines