REACT Group (LSE:REAT) Change In Receivables : £-0.26 Mil (TTM As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is REACT Group Change In Receivables?

REACT Group's change in receivables for the quarter that ended in Mar. 2024 was £-0.25 Mil. It means REACT Group's Accounts Receivable increased by £0.25 Mil from Sep. 2023 to Mar. 2024 .

REACT Group's change in receivables for the fiscal year that ended in Sep. 2023 was £-0.05 Mil. It means REACT Group's Accounts Receivable increased by £0.05 Mil from Sep. 2022 to Sep. 2023 .

REACT Group's Accounts Receivable for the quarter that ended in Mar. 2024 was £4.66 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. REACT Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 80.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. REACT Group's liquidation value for the six months ended in Mar. 2024 was £-1.72 Mil.

REACT Group Change In Receivables Historical Data

The historical data trend for REACT 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.

REACT Group Change In Receivables Chart

REACT Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

Get a 7-Day Free Trial

0.44

-0.37

-1.01

-2.16

-0.05

REACT Group Semi-Annual Data
	Mar14	Sep14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.21	-1.95	-0.05	-	-0.25

REACT 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.26 Mil.

REACT Group (LSE:REAT) 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.

REACT Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4.66	/	10.566	*	91
=	80.49

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

REACT Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.518	-	6.735	+	0.75 * 4.66	+	0.5 * 0.003
=	-1.72

REACT Group Change In Receivables Related Terms

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

REACT Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » REACT Group PLC (LSE:REAT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Holly House, Shady Lane, Birmingham, GBR, B44 9ER

Website

https://www.reactsc.co.uk

REACT Group PLC is engaged in providing cleaning, decontamination, and hygiene services, including both contracted commercial cleaning and specialist emergency decontamination work. Its objective is to maintain and/or rapidly return its customers' property to safe, clean, operational use and do this through regular specialist cleaning and/or emergency response to potentially harmful incidents. The business operates through three divisions; commercial windows & cladding, hygiene & maintenance, and, emergency & decontamination. It has three operating segments; Contract Maintenance, Contract Reactive, and Ad Hoc work, out of which a majority of the revenue is generated from the contract maintenance segment.

REACT Group Headlines

No Headlines