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NCCGF (NCC Group) Change In Receivables : $-7.2 Mil (TTM As of May. 2024)


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What is NCC Group Change In Receivables?

NCC Group's change in receivables for the quarter that ended in May. 2024 was $16.3 Mil. It means NCC Group's Accounts Receivable declined by $16.3 Mil from Nov. 2023 to May. 2024 .

NCC Group's change in receivables for the fiscal year that ended in May. 2024 was $-7.6 Mil. It means NCC Group's Accounts Receivable increased by $7.6 Mil from May. 2023 to May. 2024 .

NCC Group's Accounts Receivable for the quarter that ended in May. 2024 was $50.9 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. NCC Group's Days Sales Outstanding for the six months ended in May. 2024 was 43.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NCC Group's liquidation value for the six months ended in May. 2024 was $-189.3 Mil.


NCC Group Change In Receivables Historical Data

The historical data trend for NCC 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.

* Premium members only.

NCC Group Change In Receivables Chart

NCC Group Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.53 6.62 -2.24 24.59 -7.59

NCC Group Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.74 1.17 23.35 -23.51 16.31

NCC 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 $-7.2 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.


NCC Group  (OTCPK:NCCGF) 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.

NCC 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
=50.948/212.137*91
=43.83

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

NCC 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)
=22.756-250.695+0.75 * 50.948+0.5 * 0.759
=-189.3

* 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.


NCC Group Change In Receivables Related Terms

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NCC Group Business Description

Traded in Other Exchanges
Address
2 Hardman Boulevard, XYZ Building, Spinningfields, Manchester, GBR, M3 3AQ
NCC Group PLC is a U.K.-based provider of information assurance software solutions to the transportation, finance, retail, Internet of Things, and oil and gas end markets. The firm's operations are organized in below divisions: Assurance, which offers security and risks consulting services; group escrow, which offers software escrow services with a third-party agent; and domain services, which maintains and publishes trust security standards. Roughly half of the firm's revenue is generated in the United Kingdom, with the rest coming from Europe and the rest of the world.

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