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Bankers Investment Trust (NZSE:BIT) Change In Receivables : NZ$-0.25 Mil (TTM As of Oct. 2022)


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What is Bankers Investment Trust Change In Receivables?

Bankers Investment Trust's change in receivables for the quarter that ended in Oct. 2022 was NZ$6.46 Mil. It means Bankers Investment Trust's Accounts Receivable declined by NZ$6.46 Mil from Apr. 2022 to Oct. 2022 .

Bankers Investment Trust's change in receivables for the fiscal year that ended in Oct. 2023 was NZ$-29.51 Mil. It means Bankers Investment Trust's Accounts Receivable increased by NZ$29.51 Mil from Oct. 2022 to Oct. 2023 .

Bankers Investment Trust's Accounts Receivable for the quarter that ended in Oct. 2022 was NZ$0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bankers Investment Trust's liquidation value for the six months ended in Oct. 2022 was NZ$-154.15 Mil.


Bankers Investment Trust Change In Receivables Historical Data

The historical data trend for Bankers Investment Trust'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.

Bankers Investment Trust Change In Receivables Chart

Bankers Investment Trust Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.87 0.09 -0.51 -29.51

Bankers Investment Trust Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Oct23
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 -4.91 4.99 -6.72 6.46 -

Bankers Investment Trust 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 Oct. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$-0.25 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.


Bankers Investment Trust  (NZSE:BIT) 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.

Bankers Investment Trust's Days Sales Outstanding for the quarter that ended in Oct. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-172.027*91
=

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

Bankers Investment Trust's liquidation value for the quarter that ended in Oct. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=130.92-285.073+0.75 * 0+0.5 * 0
=-154.15

* 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.


Bankers Investment Trust Change In Receivables Related Terms

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Bankers Investment Trust (NZSE:BIT) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Bankers Investment Trust PLC is a UK based investment trust company. The company's investment objective is to achieve capital growth in the excess of the FTSE World Index and annual dividend growth greater than inflation, as defined by the UK Retail Prices Index. Its investments include Equities, Debt securities, cash investment, investment trust, collective funds, and derivatives. Its geographical segments are North America, United Kingdom, Europe(excluding the UK), Japan, China, and Pacific(excluding Japan & China).

Bankers Investment Trust (NZSE:BIT) Headlines

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