Topps Tiles (Topps Tiles) Change In Receivables : $0.9 Mil (TTM As of Sep. 2023)

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What is Topps Tiles Change In Receivables?

Topps Tiles's change in receivables for the quarter that ended in Sep. 2023 was $1.1 Mil. It means Topps Tiles's Accounts Receivable declined by $1.1 Mil from Mar. 2023 to Sep. 2023 .

Topps Tiles's change in receivables for the fiscal year that ended in Sep. 2023 was $0.9 Mil. It means Topps Tiles's Accounts Receivable declined by $0.9 Mil from Sep. 2022 to Sep. 2023 .

Topps Tiles's Accounts Receivable for the quarter that ended in Sep. 2023 was $2.6 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. Topps Tiles's Days Sales Outstanding for the six months ended in Sep. 2023 was 2.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Topps Tiles's liquidation value for the six months ended in Sep. 2023 was $-129.8 Mil.

Topps Tiles Change In Receivables Historical Data

The historical data trend for Topps Tiles'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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Topps Tiles Change In Receivables Chart

Topps Tiles Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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1.02

0.33

0.01

-1.22

0.94

Topps Tiles Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															1.14	0.60	-1.74	-0.17	1.11

Topps Tiles 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.9 Mil.

Topps Tiles (OTCPK:TPTJF) 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.

Topps Tiles's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.627	/	163.866	*	91
=	2.93

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

Topps Tiles's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	28.921	-	183.186	+	0.75 * 2.627	+	0.5 * 44.989
=	-129.8

Topps Tiles Change In Receivables Related Terms

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Topps Tiles (Topps Tiles) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Topps Tiles PLC (OTCPK:TPTJF) » Definitions » Change In Receivables

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Address

Thorpe Way, Grove Park, Enderby, Leicestershire, GBR, LE19 1SU

Website

https://www.toppstiles.co.uk

Topps Tiles PLC is a tile and flooring retailer in the UK. The company focuses on selling ceramic and porcelain tiles, natural stone, and related products for homes and businesses. It offers products such as bathroom tiles, kitchen tiles, floor tiles, wall tiles, mosaic tiles, natural stone, and other tools and essentials. The company generates the majority of its revenues from sales in the UK.

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