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Ocean Harvest Technology Group (LSE:OHT) Change In Receivables : £0.27 Mil (TTM As of Jun. 2024)


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What is Ocean Harvest Technology Group Change In Receivables?

Ocean Harvest Technology Group's change in receivables for the quarter that ended in Jun. 2024 was £0.48 Mil. It means Ocean Harvest Technology Group's Accounts Receivable declined by £0.48 Mil from Dec. 2023 to Jun. 2024 .

Ocean Harvest Technology Group's change in receivables for the fiscal year that ended in Dec. 2023 was £-0.25 Mil. It means Ocean Harvest Technology Group's Accounts Receivable increased by £0.25 Mil from Dec. 2022 to Dec. 2023 .

Ocean Harvest Technology Group's Accounts Receivable for the quarter that ended in Jun. 2024 was £0.87 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. Ocean Harvest Technology Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 196.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ocean Harvest Technology Group's liquidation value for the six months ended in Jun. 2024 was £1.54 Mil.

Ocean Harvest Technology Group Change In Receivables Historical Data

The historical data trend for Ocean Harvest Technology 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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Ocean Harvest Technology Group Change In Receivables Chart

Ocean Harvest Technology Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-0.09 -0.24 -0.18 -0.25

Ocean Harvest Technology Group Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables Get a 7-Day Free Trial -2.18 2.03 -0.04 -0.21 0.48

Ocean Harvest Technology 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.27 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.

Ocean Harvest Technology Group  (LSE:OHT) 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.

Ocean Harvest Technology Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.867/0.805*91
=196.56

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

Ocean Harvest Technology Group's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.908-0.727+0.75 * 0.867+0.5 * 1.42
=1.54

* 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.

Ocean Harvest Technology Group Change In Receivables Related Terms

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Ocean Harvest Technology Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ocean Harvest Technology Group PLC (LSE:OHT) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
41 London Road, Castle Court, Reigate, GBR, RH2 9RJ
Website
https://www.oceanharvesttechnology.com
Ocean Harvest Technology Group PLC is a commercial-scale producer of seaweed blend ingredients for the animal feed market. It produces seaweed blend ingredients for animal feed under the brand name OceanFeed feed ingredients for multiple species of animals.

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