SFSHF (Safestore Holdings) Change In Receivables : $6.7 Mil (TTM As of Apr. 2024)

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What is Safestore Holdings Change In Receivables?

Safestore Holdings's change in receivables for the quarter that ended in Apr. 2024 was $3.3 Mil. It means Safestore Holdings's Accounts Receivable declined by $3.3 Mil from Oct. 2023 to Apr. 2024 .

Safestore Holdings's change in receivables for the fiscal year that ended in Oct. 2023 was $-1.7 Mil. It means Safestore Holdings's Accounts Receivable increased by $1.7 Mil from Oct. 2022 to Oct. 2023 .

Safestore Holdings's Accounts Receivable for the quarter that ended in Apr. 2024 was $37.5 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. Safestore Holdings's Days Sales Outstanding for the six months ended in Apr. 2024 was 50.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Safestore Holdings's liquidation value for the six months ended in Apr. 2024 was $-1,302.8 Mil.

Safestore Holdings Change In Receivables Historical Data

The historical data trend for Safestore 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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Safestore Holdings Change In Receivables Chart

Safestore Holdings Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Receivables

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1.14

-0.13

-7.40

0.11

-1.71

Safestore Holdings Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Change In Receivables	Get a 7-Day Free Trial															-1.55	1.47	-5.23	3.41	3.25

Safestore 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 Apr. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $6.7 Mil.

Safestore Holdings (OTCPK:SFSHF) 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.

Safestore Holdings's Days Sales Outstanding for the quarter that ended in Apr. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	37.547	/	136.671	*	91
=	50.14

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

Safestore Holdings's liquidation value for the quarter that ended in Apr. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	17.272	-	1348.436	+	0.75 * 37.547	+	0.5 * 0.501
=	-1,302.8

Safestore Holdings Change In Receivables Related Terms

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Safestore Holdings Business Description

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SAFEl:UK SAFE:UK IHF:Germany

Address

Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT

Website

https://www.safestore.co.uk

Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.

Safestore Holdings Headlines

From GuruFocus

Safestore Holdings PLC Stock Appears To Be Modestly Overvalued

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