Xeros Technology Group (LSE:XSG) Change In Receivables : £-0.39 Mil (TTM As of Jun. 2024)

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What is Xeros Technology Group Change In Receivables?

Xeros Technology Group's change in receivables for the quarter that ended in Jun. 2024 was £-0.30 Mil. It means Xeros Technology Group's Accounts Receivable increased by £0.30 Mil from Dec. 2023 to Jun. 2024 .

Xeros Technology Group's change in receivables for the fiscal year that ended in Dec. 2023 was £0.04 Mil. It means Xeros Technology Group's Accounts Receivable declined by £0.04 Mil from Dec. 2022 to Dec. 2023 .

Xeros Technology Group's Accounts Receivable for the quarter that ended in Jun. 2024 was £0.01 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. Xeros Technology Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 30.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Xeros Technology Group's liquidation value for the six months ended in Jun. 2024 was £3.36 Mil.

Xeros Technology Group Change In Receivables Historical Data

The historical data trend for Xeros Technology Group'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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Xeros Technology Group Change In Receivables Chart

Xeros Technology Group Annual Data

Trend

Jul13

Jul14

Jul15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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2.85

0.16

-0.02

0.04

Xeros Technology Group Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-	-0.01	0.13	-0.09	-0.30

Xeros Technology Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.39 Mil.

Xeros Technology Group (LSE:XSG) 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.

Xeros Technology Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.013	/	0.079	*	91
=	30.03

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

Xeros Technology Group's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.715	-	1.446	+	0.75 * 0.013	+	0.5 * 0.16
=	3.36

Xeros Technology Group Change In Receivables Related Terms

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Xeros Technology Group Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xeros Technology Group PLC (LSE:XSG) » Definitions » Change In Receivables

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Address

Unit 2, Evolution, Advanced Manufacturing Park, Whittle Way, Catcliffe, Rotherham, South Yorkshire, GBR, S60 5BL

Website

https://www.xerostech.com

Xeros Technology Group PLC develops patented polymer bead systems with multiple identified potential commercial applications which are used mostly in the commercial laundry market. It has begun the rollout of 25kg capacity washing machines that exclusively use the company's patented polymer bead cleaning system. In addition to the commercial laundry market, its polymer bead technologies have a range of potential applications in other industries including domestic laundry, leather processing, garment finishing, and metal cleaning. It has its operations in Europe and North America. It earns revenues from the sale/provision of polymer bead cleaning equipment, consumables, and services.

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