Ultra Electronics Holdings (LSE:ULE) Change In Receivables : £-19.0 Mil (TTM As of Dec. 2021)

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What is Ultra Electronics Holdings Change In Receivables?

Ultra Electronics Holdings's change in receivables for the quarter that ended in Dec. 2021 was £-6.4 Mil. It means Ultra Electronics Holdings's Accounts Receivable increased by £6.4 Mil from Jun. 2021 to Dec. 2021 .

Ultra Electronics Holdings's change in receivables for the fiscal year that ended in Dec. 2021 was £-19.0 Mil. It means Ultra Electronics Holdings's Accounts Receivable increased by £19.0 Mil from Dec. 2020 to Dec. 2021 .

Ultra Electronics Holdings's Accounts Receivable for the quarter that ended in Dec. 2021 was £104.5 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. Ultra Electronics Holdings's Days Sales Outstanding for the six months ended in Dec. 2021 was 42.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ultra Electronics Holdings's liquidation value for the six months ended in Dec. 2021 was £-233.8 Mil.

Ultra Electronics Holdings Change In Receivables Historical Data

The historical data trend for Ultra Electronics Holdings'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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Ultra Electronics Holdings Change In Receivables Chart

Ultra Electronics Holdings Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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-15.37

-1.80

-2.90

19.30

-19.00

Ultra Electronics Holdings Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Change In Receivables	Get a 7-Day Free Trial															1.80	5.40	13.90	-12.60	-6.40

Ultra Electronics Holdings 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 Dec. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-19.0 Mil.

Ultra Electronics Holdings (LSE:ULE) 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.

Ultra Electronics Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	104.5	/	446.2	*	91
=	42.74

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

Ultra Electronics Holdings's liquidation value for the quarter that ended in Dec. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	138.8	-	497.4	+	0.75 * 104.5	+	0.5 * 92.9
=	-233.8

Ultra Electronics Holdings Change In Receivables Related Terms

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Ultra Electronics Holdings (LSE:ULE) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Ultra Electronics Holdings PLC (LSE:ULE) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

35 Portman Square, London, GBR, W1H 6LR

Website

https://www.ultra.group

Ultra Electronics Holdings PLC provides electronic and software technologies for the defense, aerospace, security, transport, and energy markets. The company develops relationships with customers to identify needs and customize solutions. It has a wide product portfolio to sell differentiated technologies and systems for improving communication platforms. Thousands of contracts are created with a multitude of customers each year. It reports in three segments: Maritime; Intelligence and Communications and Critical Detection and Control. Approximately half of the revenue is derived from North America and around one-third comes from the United Kingdom.