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Zenova Group (LSE:ZED) Change In Receivables : £-0.10 Mil (TTM As of May. 2024)


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What is Zenova Group Change In Receivables?

Zenova Group's change in receivables for the quarter that ended in May. 2024 was £-0.06 Mil. It means Zenova Group's Accounts Receivable increased by £0.06 Mil from Nov. 2023 to May. 2024 .

Zenova Group's change in receivables for the fiscal year that ended in Nov. 2023 was £0.14 Mil. It means Zenova Group's Accounts Receivable declined by £0.14 Mil from Nov. 2022 to Nov. 2023 .

Zenova Group's Accounts Receivable for the quarter that ended in May. 2024 was £0.21 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. Zenova Group's Days Sales Outstanding for the six months ended in May. 2024 was 716.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zenova Group's liquidation value for the six months ended in May. 2024 was £-0.35 Mil.

Zenova Group Change In Receivables Historical Data

The historical data trend for Zenova 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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Zenova Group Change In Receivables Chart

Zenova Group Annual Data
Trend Nov20 Nov21 Nov22 Nov23
Change In Receivables
- -0.17 -0.12 0.14

Zenova Group Semi-Annual Data
Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Change In Receivables Get a 7-Day Free Trial -0.12 - 0.18 -0.04 -0.06

Zenova 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 May. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.10 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.

Zenova Group  (LSE:ZED) 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.

Zenova Group's Days Sales Outstanding for the quarter that ended in May. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.208/0.053*91
=716.23

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

Zenova Group's liquidation value for the quarter that ended in May. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.037-0.68+0.75 * 0.208+0.5 * 0.267
=-0.35

* 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.

Zenova Group Change In Receivables Related Terms

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Zenova Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zenova Group PLC (LSE:ZED) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
172 Arlington Road, London, GBR, NW1 7HL
Website
https://www.zenovagroup.com
Zenova Group PLC is engaged in the development, manufacture, and sale of fire-retardant systems. It is the holder of intellectual property to underpin a suite of fire safety and temperature management products and technology applicable to industrial, commercial and residential markets. The company's product range includes fire protection paint, insulating paint and render and extinguishing fluid, and it has further products in varying stages of development and testing.

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