Morefield Group (XAMS:MORE) Change In Receivables : €-0.69 Mil (TTM As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Morefield Group Change In Receivables?

Morefield Group's change in receivables for the quarter that ended in Dec. 2023 was €-0.77 Mil. It means Morefield Group's Accounts Receivable increased by €0.77 Mil from Jun. 2023 to Dec. 2023 .

Morefield Group's change in receivables for the fiscal year that ended in Dec. 2023 was €-0.69 Mil. It means Morefield Group's Accounts Receivable increased by €0.69 Mil from Dec. 2022 to Dec. 2023 .

Morefield Group's Accounts Receivable for the quarter that ended in Dec. 2023 was €9.22 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. Morefield Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 34.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Morefield Group's liquidation value for the six months ended in Dec. 2023 was €-23.80 Mil.

Morefield Group Change In Receivables Historical Data

The historical data trend for Morefield 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.

Morefield Group Change In Receivables Chart

Morefield Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

0.04

-1.24

-0.69

Morefield Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-1.24	0.08	-0.77

Morefield 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.69 Mil.

Morefield Group (XAMS:MORE) 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.

Morefield Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.221	/	48.643	*	91
=	34.60

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

Morefield Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.098	-	39.168	+	0.75 * 9.221	+	0.5 * 6.713
=	-23.80

Morefield Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Morefield Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Morefield Group (XAMS:MORE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Morefield Group (XAMS:MORE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Schouwburgweg 5, P.O. Box 3035, Willemstad, CUW

Website

http://www.morefieldgroup.nl

Morefield Group, formerly HeadFirst Source Group NV provides staffing services. The company through its subsidiaries is engaged in mediation with the hiring of external personnel, contracting and matchmaking for corporates and semi-government. It provides professionals in the fields of IT, Business, Banker, Financial, Marketing Communications, Human Resources, and others.

Morefield Group (XAMS:MORE) Headlines

From GuruFocus

MORE Residential and Stockbridge Announce $4 Billion Single-Family Rental Joint Venture

By PRNewswire PRNewswire • 12-15-2021