Versarien (LSE:VRS) Change In Receivables : £0.77 Mil (TTM As of Sep. 2023)

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What is Versarien Change In Receivables?

Versarien's change in receivables for the quarter that ended in Sep. 2023 was £0.57 Mil. It means Versarien's Accounts Receivable declined by £0.57 Mil from Mar. 2023 to Sep. 2023 .

Versarien's change in receivables for the fiscal year that ended in Sep. 2023 was £0.77 Mil. It means Versarien's Accounts Receivable declined by £0.77 Mil from Mar. 2022 to Sep. 2023 .

Versarien's Accounts Receivable for the quarter that ended in Sep. 2023 was £1.04 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. Versarien's Days Sales Outstanding for the six months ended in Sep. 2023 was 66.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Versarien's liquidation value for the six months ended in Sep. 2023 was £-7.16 Mil.

Versarien Change In Receivables Historical Data

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

Versarien Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Sep23

Change In Receivables

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0.42

-0.04

-0.21

0.31

0.77

Versarien Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-0.66	0.17	0.14	0.20	0.57

Versarien 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 £0.77 Mil.

Versarien (LSE:VRS) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.037	/	2.827	*	91
=	66.94

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

Versarien'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)
=	0.596	-	9.299	+	0.75 * 1.037	+	0.5 * 1.528
=	-7.16

Versarien Change In Receivables Related Terms

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Versarien (LSE:VRS) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Versarien PLC (LSE:VRS) » Definitions » Change In Receivables

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VRSRF:USA VRS.GB:UK 9RV:Germany

Address

Monmouth Road, Units 1A-D, Longhope Business Park, Longhope, Gloucestershire, GBR, GL17 0QZ

Website

https://www.versarien.com

Versarien PLC is an IP-led advanced engineering materials group that utilizes proprietary technology to create innovative new engineering solutions. The business activities of the group function through Graphene and Plastic Products and Hard Wear and Metallic Product segments. Graphene and Plastic Products focused on delivering graphene solutions through plastics and carbon fibre composites, and Hard Wear and Metallic Products focused on delivering aluminium and tungsten carbide products. Geographically, the company operates in the UK, North America, the Rest of Europe, and others.