Cairn Homes (LSE:CRN) Change In Receivables : £-28.9 Mil (TTM As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Cairn Homes Change In Receivables?

Cairn Homes's change in receivables for the quarter that ended in Dec. 2023 was £-25.4 Mil. It means Cairn Homes's Accounts Receivable increased by £25.4 Mil from Jun. 2023 to Dec. 2023 .

Cairn Homes's change in receivables for the fiscal year that ended in Dec. 2023 was £-29.0 Mil. It means Cairn Homes's Accounts Receivable increased by £29.0 Mil from Dec. 2022 to Dec. 2023 .

Cairn Homes's Accounts Receivable for the quarter that ended in Dec. 2023 was £28.2 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. Cairn Homes's Days Sales Outstanding for the six months ended in Dec. 2023 was 13.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cairn Homes's liquidation value for the six months ended in Dec. 2023 was £205.9 Mil.

Cairn Homes Change In Receivables Historical Data

The historical data trend for Cairn Homes'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.

Cairn Homes Change In Receivables Chart

Cairn Homes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-3.11

0.28

-14.53

6.99

-28.96

Cairn Homes Semi-Annual Data
	Jun15	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												-12.76	-11.81	18.95	-3.59	-25.36

Cairn Homes 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 £-28.9 Mil.

Cairn Homes (LSE:CRN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	28.176	/	385.326	*	91
=	13.34

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

Cairn Homes'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)
=	22.014	-	243.58	+	0.75 * 28.176	+	0.5 * 812.758
=	205.9

Cairn Homes Change In Receivables Related Terms

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

Cairn Homes (LSE:CRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Cairn Homes PLC (LSE:CRN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

C5H:Ireland CRNl:UK C5H:Germany

Address

45 Mespil Road, Dublin, IRL, D04 W2F1

Website

https://www.cairnhomes.com

Cairn Homes PLC is an Irish homebuilder. Its core activity is to design and develop properties for residential purposes, majorly in the suburbs of Dublin City. The company's portfolio predominantly comprises single-family homes and apartments that form a minor share. Its sales of residential property drive most company revenues.

Cairn Homes (LSE:CRN) Headlines

No Headlines