Mortgage Advice Bureau (Holdings) (Mortgage Advice Bureau (Holdings)) Change In Receivables : $1.8 Mil (TTM As of Dec. 2023)

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What is Mortgage Advice Bureau (Holdings) Change In Receivables?

Mortgage Advice Bureau (Holdings)'s change in receivables for the quarter that ended in Dec. 2023 was $6.3 Mil. It means Mortgage Advice Bureau (Holdings)'s Accounts Receivable declined by $6.3 Mil from Jun. 2023 to Dec. 2023 .

Mortgage Advice Bureau (Holdings)'s change in receivables for the fiscal year that ended in Dec. 2023 was $1.8 Mil. It means Mortgage Advice Bureau (Holdings)'s Accounts Receivable declined by $1.8 Mil from Dec. 2022 to Dec. 2023 .

Mortgage Advice Bureau (Holdings)'s Accounts Receivable for the quarter that ended in Dec. 2023 was $1.6 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. Mortgage Advice Bureau (Holdings)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 1.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mortgage Advice Bureau (Holdings)'s liquidation value for the six months ended in Dec. 2023 was $-101.2 Mil.

Mortgage Advice Bureau (Holdings) Change In Receivables Historical Data

The historical data trend for Mortgage Advice Bureau (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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Mortgage Advice Bureau (Holdings) Change In Receivables Chart

Mortgage Advice Bureau (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.33

3.17

-1.96

-1.60

1.81

Mortgage Advice Bureau (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															6.99	-1.34	-0.28	-4.46	6.28

Mortgage Advice Bureau (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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.8 Mil.

Mortgage Advice Bureau (Holdings) (OTCPK:MABHF) 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.

Mortgage Advice Bureau (Holdings)'s Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.643	/	154.415	*	91
=	1.94

2. In Ben Graham's calculation of liquidation value, Mortgage Advice Bureau (Holdings)'s accounts receivable are only considered to be worth 75% of book value:

Mortgage Advice Bureau (Holdings)'s liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.825	-	106.289	+	0.75 * 1.643	+	0.5 * 0
=	-101.2

Mortgage Advice Bureau (Holdings) Change In Receivables Related Terms

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Mortgage Advice Bureau (Holdings) (Mortgage Advice Bureau (Holdings)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Mortgage Advice Bureau (Holdings) PLC (OTCPK:MABHF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

MAB1:UK

Address

Capital House, Pride Place, Pride Park, Derby, GBR, DE24 8QR

Website

https://www.mortgageadvicebureau.com

Mortgage Advice Bureau (Holdings) PLC provides mortgage advice and also advice on protection and general insurance products. The group offers advice on residential and buy to let mortgage products. The company has developed customized support services for intermediary firms that operate in estate agency, new build, buy to let, mortgage shops and telephone based mortgage services. The company derives its revenues from mortgage procuration fees, insurance commission, and client fees. Mortgage procuration fees generate the majority of the revenues.

Mortgage Advice Bureau (Holdings) (Mortgage Advice Bureau (Holdings)) Headlines

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