Onward Opportunities (LSE:ONWD) Change In Receivables : £-0.03 Mil (TTM As of Jun. 2023)

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What is Onward Opportunities Change In Receivables?

Onward Opportunities's change in receivables for the quarter that ended in Jun. 2023 was £-0.03 Mil. It means Onward Opportunities's Accounts Receivable increased by £0.03 Mil from . 20 to Jun. 2023 .

Onward Opportunities's change in receivables for the fiscal year that ended in Dec. 2023 was £0.00 Mil. It means Onward Opportunities's Accounts Receivable stayed the same from . 20 to Dec. 2023 .

Onward Opportunities's Accounts Receivable for the quarter that ended in Jun. 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. Onward Opportunities's Days Sales Outstanding for the six months ended in Jun. 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. Onward Opportunities's liquidation value for the six months ended in Jun. 2023 was £9.94 Mil.

Onward Opportunities Change In Receivables Historical Data

The historical data trend for Onward Opportunities'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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Onward Opportunities Change In Receivables Chart

Onward Opportunities Annual Data

Trend

Dec23

Change In Receivables

Onward Opportunities Semi-Annual Data
	Jun23
Change In Receivables	-0.03

Onward Opportunities 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.03 Mil.

Onward Opportunities (LSE:ONWD) 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.

Onward Opportunities's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.252	*	91
=	0.00

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

Onward Opportunities's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.031	-	0.095	+	0.75 * 0	+	0.5 * 0
=	9.94

Onward Opportunities Change In Receivables Related Terms

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Onward Opportunities (LSE:ONWD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Onward Opportunities Ltd (LSE:ONWD) » Definitions » Change In Receivables

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Address

Royal Avenue, 1 Royal Plaza, Saint Peter Port, GGY, GY1 2HL

Website

https://www.onwardopportunities.co.uk

Onward Opportunities Ltd operates as a non-cellular (closed-ended) company limited by shares. The company's investment objective is to seek to generate risk-adjusted absolute returns for Shareholders through investments in UK smaller companies. Returns are expected to be principally derived from capital growth over a target three to five-year holding period with an appropriate diversification of investment risk.

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