Team (LSE:TEAM) Change In Receivables : £-0.34 Mil (TTM As of Sep. 2023)

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What is Team Change In Receivables?

Team's change in receivables for the quarter that ended in Sep. 2023 was £-0.42 Mil. It means Team's Accounts Receivable increased by £0.42 Mil from Mar. 2023 to Sep. 2023 .

Team's change in receivables for the fiscal year that ended in Sep. 2023 was £-0.34 Mil. It means Team's Accounts Receivable increased by £0.34 Mil from Sep. 2022 to Sep. 2023 .

Team's Accounts Receivable for the quarter that ended in Sep. 2023 was £0.19 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. Team's Days Sales Outstanding for the six months ended in Sep. 2023 was 10.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Team's liquidation value for the six months ended in Sep. 2023 was £-5.64 Mil.

Team Change In Receivables Historical Data

The historical data trend for Team'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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Team Change In Receivables Chart

Team Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Change In Receivables

-0.11

-0.36

-0.34

Team Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial			-0.04	-0.02	-0.34	0.09	-0.42

Team 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 £-0.34 Mil.

Team (LSE:TEAM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.188	/	3.425	*	91
=	10.02

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

Team'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)
=	1.938	-	7.719	+	0.75 * 0.188	+	0.5 * 0
=	-5.64

Team Change In Receivables Related Terms

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Team (LSE:TEAM) Business Description

Industry

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Traded in Other Exchanges

1WQ:Germany

Address

6 Caledonia Place, 1st Floor, Saint Helier, JEY, JE2 3NG

Website

https://www.teamassetmanagement.com

Team PLC is a specialist, investment-led active fund manager providing discretionary and advisory portfolio management services to private clients, trusts, and charities.