Software Circle (LSE:SFT) Change In Receivables : £-0.41 Mil (TTM As of Sep. 2023)

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What is Software Circle Change In Receivables?

Software Circle's change in receivables for the quarter that ended in Sep. 2023 was £-0.28 Mil. It means Software Circle's Accounts Receivable increased by £0.28 Mil from Mar. 2023 to Sep. 2023 .

Software Circle's change in receivables for the fiscal year that ended in Mar. 2023 was £0.02 Mil. It means Software Circle's Accounts Receivable declined by £0.02 Mil from Mar. 2022 to Mar. 2023 .

Software Circle's Accounts Receivable for the quarter that ended in Sep. 2023 was £1.87 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. Software Circle's Days Sales Outstanding for the six months ended in Sep. 2023 was 41.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Software Circle's liquidation value for the six months ended in Sep. 2023 was £4.57 Mil.

Software Circle Change In Receivables Historical Data

The historical data trend for Software Circle'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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Software Circle Change In Receivables Chart

Software Circle Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-0.15

0.44

0.22

-0.09

0.02

Software Circle Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-0.78	0.69	0.15	-0.13	-0.28

Software Circle 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 £-0.41 Mil.

Software Circle (LSE:SFT) 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.

Software Circle's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.867	/	8.247	*	91
=	41.32

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

Software Circle'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)
=	18.707	-	15.554	+	0.75 * 1.867	+	0.5 * 0.028
=	4.57

Software Circle Change In Receivables Related Terms

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Software Circle (LSE:SFT) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Software Circle Plc (LSE:SFT) » Definitions » Change In Receivables

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Address

Third Avenue, The Village, Trafford Park, Manchester, GBR, M17 1FG

Website

https://www.softwarecircle.com

Software Circle Plc is a UK-based company who is an acquirer of great vertical market software businesses. The company operates complex logistics, a SaaS platform, and brands that sell print and web to business customers. The segmental analysis by nature of service includes license fees, company-owned studio revenue, brand partner print, and online sales plus trade print. Some of its brands include Nettl, watermark, and topfloor. Geographically it has its business across the region of the UK and Ireland, Europe, and others of which the UK and Ireland's region accounts for a majority of the revenue.

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