Morses Club (Morses Club) Change In Receivables : $28.9 Mil (TTM As of Aug. 2022)

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What is Morses Club Change In Receivables?

Morses Club's change in receivables for the quarter that ended in Aug. 2022 was $22.6 Mil. It means Morses Club's Accounts Receivable declined by $22.6 Mil from Feb. 2022 to Aug. 2022 .

Morses Club's change in receivables for the fiscal year that ended in Feb. 2022 was $-1.8 Mil. It means Morses Club's Accounts Receivable increased by $1.8 Mil from Feb. 2021 to Feb. 2022 .

Morses Club's Accounts Receivable for the quarter that ended in Aug. 2022 was $0.0 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. Morses Club's Days Sales Outstanding for the six months ended in Aug. 2022 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Morses Club's liquidation value for the six months ended in Aug. 2022 was $-66.1 Mil.

Morses Club Change In Receivables Historical Data

The historical data trend for Morses Club'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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Morses Club Change In Receivables Chart

Morses Club Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Change In Receivables

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-16.21

-5.08

8.68

25.89

-1.80

Morses Club Semi-Annual Data
	Feb14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
Change In Receivables	Get a 7-Day Free Trial												20.26	4.51	-8.27	6.30	22.62

Morses Club 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 Aug. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $28.9 Mil.

Morses Club (OTCPK:MCLBF) 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.

Morses Club's Days Sales Outstanding for the quarter that ended in Aug. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	50.529	*	91
=	0.00

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

Morses Club's liquidation value for the quarter that ended in Aug. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	9.513	-	75.571	+	0.75 * 0	+	0.5 * 0
=	-66.1

Morses Club Change In Receivables Related Terms

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Morses Club (Morses Club) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Morses Club PLC (OTCPK:MCLBF) » Definitions » Change In Receivables

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Address

1 Colliers Way, Building 1, The Phoenix Centre, Nottingham, GBR, NG8 6AT

Website

https://www.morsesclubplc.com

Morses Club PLC is a consumer finance company. It provides a range of loan products through a combination of traditional and online marketing channels. The group's segments comprise Home Collected Credit and Digital. The company offers small cash loans between and operates through a network of branches throughout the UK.

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