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Enteq Technologies (LSE:NTQ) Change In Receivables : £-0.68 Mil (TTM As of Sep. 2024)


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What is Enteq Technologies Change In Receivables?

Enteq Technologies's change in receivables for the quarter that ended in Sep. 2024 was £0.01 Mil. It means Enteq Technologies's Accounts Receivable declined by £0.01 Mil from Mar. 2024 to Sep. 2024 .

Enteq Technologies's change in receivables for the fiscal year that ended in Mar. 2024 was £-0.11 Mil. It means Enteq Technologies's Accounts Receivable increased by £0.11 Mil from Mar. 2023 to Mar. 2024 .

Enteq Technologies's Accounts Receivable for the quarter that ended in Sep. 2024 was £0.09 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. Enteq Technologies's Days Sales Outstanding for the six months ended in Sep. 2024 was 845.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Enteq Technologies's liquidation value for the six months ended in Sep. 2024 was £-0.07 Mil.


Enteq Technologies Change In Receivables Historical Data

The historical data trend for Enteq Technologies'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.

Enteq Technologies Change In Receivables Chart

Enteq Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 -0.40 -0.73 1.53 -0.11

Enteq Technologies 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 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 -1.64 3.06 0.59 -0.69 0.01

Enteq Technologies 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 £-0.68 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.


Enteq Technologies  (LSE:NTQ) 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.

Enteq Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.088/0.019*91
=845.26

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

Enteq Technologies'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)
=0.822-0.954+0.75 * 0.088+0.5 * 0
=-0.07

* 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.


Enteq Technologies Change In Receivables Related Terms

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Enteq Technologies Business Description

Traded in Other Exchanges
Address
High Street Ascot, The Courtyard, Berkshire, GBR, SL5 7HP
Enteq Technologies PLC is engaged in providing energy technologies for directional drilling and geo-steering. It develops technologies for measurement, logging, and geo-steering while drilling wells for oil, gas, and geothermal markets. The company products include Downhole Connectivity Systems and the SABER Tool - Rotary Steerable System. It has a single business segment, the Drilling Tools division.

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