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Taylor Maritime Investments (LSE:TMI) Change In Receivables : $0.23 Mil (TTM As of Sep. 2023)


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What is Taylor Maritime Investments Change In Receivables?

Taylor Maritime Investments's change in receivables for the quarter that ended in Sep. 2023 was $0.11 Mil. It means Taylor Maritime Investments's Accounts Receivable declined by $0.11 Mil from Mar. 2023 to Sep. 2023 .

Taylor Maritime Investments's change in receivables for the fiscal year that ended in Mar. 2023 was $-0.50 Mil. It means Taylor Maritime Investments's Accounts Receivable increased by $0.50 Mil from Mar. 2022 to Mar. 2023 .

Taylor Maritime Investments's Accounts Receivable for the quarter that ended in Sep. 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Taylor Maritime Investments's liquidation value for the six months ended in Sep. 2023 was $0.61 Mil.

Taylor Maritime Investments Change In Receivables Historical Data

The historical data trend for Taylor Maritime Investments'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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Taylor Maritime Investments Change In Receivables Chart

Taylor Maritime Investments Annual Data
Trend Mar22 Mar23
Change In Receivables
-0.06 -0.50

Taylor Maritime Investments Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Change In Receivables -0.07 0.01 -0.61 0.12 0.11

Taylor Maritime Investments 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 $0.23 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.

Taylor Maritime Investments  (LSE:TMI) 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.

Taylor Maritime Investments'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/-115.076*91
=

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

Taylor Maritime Investments'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)
=3.083-2.478+0.75 * 0+0.5 * 0
=0.61

* 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.

Taylor Maritime Investments Change In Receivables Related Terms

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Taylor Maritime Investments (LSE:TMI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Taylor Maritime Investments Ltd (LSE:TMI) » Definitions » Change In Receivables
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Traded in Other Exchanges
TMIPl:UK
Address
1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL
Website
https://www.taylormaritimeinvestments.com
Taylor Maritime Investments Ltd is an internally managed investment company and will invest in a diversified portfolio of vessels that will primarily be second-hand Geared Ships.

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