Vertu Motors (STU:V2N) Change In Receivables : €-9 Mil (TTM As of Feb. 2024)

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What is Vertu Motors Change In Receivables?

Vertu Motors's change in receivables for the quarter that ended in Feb. 2024 was €-5 Mil. It means Vertu Motors's Accounts Receivable increased by €5 Mil from Aug. 2023 to Feb. 2024 .

Vertu Motors's change in receivables for the fiscal year that ended in Feb. 2024 was €-9 Mil. It means Vertu Motors's Accounts Receivable increased by €9 Mil from Feb. 2023 to Feb. 2024 .

Vertu Motors's Accounts Receivable for the quarter that ended in Feb. 2024 was €89 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. Vertu Motors's Days Sales Outstanding for the six months ended in Feb. 2024 was 6.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vertu Motors's liquidation value for the six months ended in Feb. 2024 was €-719 Mil.

Vertu Motors Change In Receivables Historical Data

The historical data trend for Vertu Motors'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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Vertu Motors Change In Receivables Chart

Vertu Motors Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Change In Receivables

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-10.15

14.30

10.74

-16.85

-8.92

Vertu Motors Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-9.16	-23.95	6.01	-4.02	-4.88

Vertu Motors 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-9 Mil.

Vertu Motors (STU:V2N) 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.

Vertu Motors's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	88.874	/	2688.69	*	91
=	6.03

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

Vertu Motors's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	82.633	-	1314.341	+	0.75 * 88.874	+	0.5 * 891.882
=	-719

Vertu Motors Change In Receivables Related Terms

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Vertu Motors (STU:V2N) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vertu Motors PLC (STU:V2N) » Definitions » Change In Receivables

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Address

Vertu House, 5th Avenue Business Park, Team Valley, Gateshead, Tyne and Wear, GBR, NE11 0XA

Website

https://www.vertumotors.com

Vertu Motors PLC is an automotive retailer in the United Kingdom. The business activity of the group includes selling new cars, motorcycles, commercial vehicles, and used vehicles, together with after-sale services. It operates through various franchise dealerships, such as Volkswagen, Land Rover, Audi, Mercedes-Benz, Jaguar, Kia, Toyota, and many others. The company generates maximum revenue from Used cars.

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