UNITE Group (FRA:U1B) Change In Receivables : €-28.6 Mil (TTM As of Dec. 2023)

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What is UNITE Group Change In Receivables?

UNITE Group's change in receivables for the quarter that ended in Dec. 2023 was €-76.4 Mil. It means UNITE Group's Accounts Receivable increased by €76.4 Mil from Jun. 2023 to Dec. 2023 .

UNITE Group's change in receivables for the fiscal year that ended in Dec. 2023 was €-28.8 Mil. It means UNITE Group's Accounts Receivable increased by €28.8 Mil from Dec. 2022 to Dec. 2023 .

UNITE Group's Accounts Receivable for the quarter that ended in Dec. 2023 was €40.4 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. UNITE Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 57.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. UNITE Group's liquidation value for the six months ended in Dec. 2023 was €-1,511.5 Mil.

UNITE Group Change In Receivables Historical Data

The historical data trend for UNITE 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.

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UNITE Group Change In Receivables Chart

UNITE Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.89

-0.33

-61.79

4.14

-28.79

UNITE 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															-28.25	46.95	-42.20	47.78	-76.38

UNITE 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 €-28.6 Mil.

UNITE Group (FRA:U1B) 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.

UNITE 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
=	40.394	/	128.96	*	91
=	57.16

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

UNITE 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)
=	42.252	-	1599.294	+	0.75 * 40.394	+	0.5 * 30.412
=	-1,511.5

UNITE Group Change In Receivables Related Terms

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UNITE Group (FRA:U1B) Business Description

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UTGPF:USA UTGl:UK UTG:UK

Address

South Quay House, Temple Back, Bristol, GBR, BS1 6FL

Website

https://www.unite-group.co.uk

UNITE Group PLC develops and operates student housing. It has nearly 150 properties in the United Kingdom that can accommodate almost 50,000 students. Nearly 20% of its rental capacity is in London. The company rents rooms both directly to students and through partnerships with more than 50 universities. Properties often have communal kitchens and other common rooms. Rental income typically provides a portion of the company's revenue. The company also generates revenue from management and development fees and from property sales.

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