Northern Venture Trust (LSE:NVT) Change In Receivables : £-0.29 Mil (TTM As of Sep. 2023)

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What is Northern Venture Trust Change In Receivables?

Northern Venture Trust's change in receivables for the quarter that ended in Sep. 2023 was £-0.29 Mil. It means Northern Venture Trust's Accounts Receivable increased by £0.29 Mil from Mar. 2022 to Sep. 2023 .

Northern Venture Trust's change in receivables for the fiscal year that ended in Sep. 2020 was £0.51 Mil. It means Northern Venture Trust's Accounts Receivable declined by £0.51 Mil from Sep. 2019 to Sep. 2020 .

Northern Venture Trust's Accounts Receivable for the quarter that ended in Sep. 2023 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. Northern Venture Trust's Days Sales Outstanding for the six months ended in Sep. 2023 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. Northern Venture Trust's liquidation value for the six months ended in Sep. 2023 was £33.58 Mil.

Northern Venture Trust Change In Receivables Historical Data

The historical data trend for Northern Venture 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.

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Northern Venture Trust Change In Receivables Chart

Northern Venture Trust Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Change In Receivables

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-0.03

-0.29

0.52

-1.04

0.51

Northern Venture Trust Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep23
Change In Receivables	Get a 7-Day Free Trial															-0.65	0.05	0.32	0.25	-0.29

Northern Venture 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.29 Mil.

Northern Venture Trust (LSE:NVT) 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.

Northern Venture Trust's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	2.589	*	91
=	0.00

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

Northern Venture Trust'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)
=	33.72	-	0.141	+	0.75 * 0	+	0.5 * 0
=	33.58

Northern Venture Trust Change In Receivables Related Terms

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Northern Venture Trust (LSE:NVT) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Northern Venture Trust PLC (LSE:NVT) » Definitions » Change In Receivables

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Address

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

Website

https://www.mercia.co.uk

Northern Venture Trust PLC is a venture capital trust. The company's principal activity includes making long-term equity and loan investments. Mainly it invests in unquoted companies in the United Kingdom manufacturing and service businesses. Its objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth. The company's portfolio of investment includes various sectors such as Technology, media, telecommunications, Business services, Healthcare, Oil and gas, Leisure, Consumer, and Industrials.