Grand Harbour Marina (MAL:GHM) Change In Receivables : €-0.45 Mil (TTM As of Jun. 2023)

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What is Grand Harbour Marina Change In Receivables?

Grand Harbour Marina's change in receivables for the quarter that ended in Jun. 2023 was €-0.16 Mil. It means Grand Harbour Marina's Accounts Receivable increased by €0.16 Mil from Dec. 2022 to Jun. 2023 .

Grand Harbour Marina's change in receivables for the fiscal year that ended in Dec. 2022 was €-0.30 Mil. It means Grand Harbour Marina's Accounts Receivable increased by €0.30 Mil from Dec. 2021 to Dec. 2022 .

Grand Harbour Marina's Accounts Receivable for the quarter that ended in Jun. 2023 was €1.01 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. Grand Harbour Marina's Days Sales Outstanding for the six months ended in Jun. 2023 was 88.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grand Harbour Marina's liquidation value for the six months ended in Jun. 2023 was €-19.43 Mil.

Grand Harbour Marina Change In Receivables Historical Data

The historical data trend for Grand Harbour Marina'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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Grand Harbour Marina Change In Receivables Chart

Grand Harbour Marina Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.09

0.18

-0.36

0.66

-0.30

Grand Harbour Marina Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial															0.02	0.65	-	-0.29	-0.16

Grand Harbour Marina 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.45 Mil.

Grand Harbour Marina (MAL:GHM) 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.

Grand Harbour Marina's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.006	/	2.079	*	91
=	88.31

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

Grand Harbour Marina's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.124	-	24.306	+	0.75 * 1.006	+	0.5 * 0
=	-19.43

Grand Harbour Marina Change In Receivables Related Terms

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Grand Harbour Marina (MAL:GHM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grand Harbour Marina PLC (MAL:GHM) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Vittoriosa Wharf, Vittoriosa, MLT, BRG 1721

Website

https://www.cnmarinas.com

Grand Harbour Marina PLC is a Malta-based marina company. The principal business activities of the company and its joint venture are the acquisition, development, operation, and management of marinas. The group has two reportable segments, Grand Harbour Marina and IC Cesme Marina. The business operates in each of these two operating segments in the ownership and operation of marina facilities providing berthing and ancillary services for yachts and super-yachts. It generates maximum revenue from the Grand Harbour Marina segment.