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Keystone Law Group (LSE:KEYS) Change In Receivables : £-2.59 Mil (TTM As of Jan. 2024)


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What is Keystone Law Group Change In Receivables?

Keystone Law Group's change in receivables for the quarter that ended in Jan. 2024 was £-1.52 Mil. It means Keystone Law Group's Accounts Receivable increased by £1.52 Mil from Jul. 2023 to Jan. 2024 .

Keystone Law Group's change in receivables for the fiscal year that ended in Jan. 2024 was £-2.59 Mil. It means Keystone Law Group's Accounts Receivable increased by £2.59 Mil from Jan. 2023 to Jan. 2024 .

Keystone Law Group's Accounts Receivable for the quarter that ended in Jan. 2024 was £10.50 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. Keystone Law Group's Days Sales Outstanding for the six months ended in Jan. 2024 was 41.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Keystone Law Group's liquidation value for the six months ended in Jan. 2024 was £-8.12 Mil.


Keystone Law Group Change In Receivables Historical Data

The historical data trend for Keystone Law 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.

Keystone Law Group Change In Receivables Chart

Keystone Law Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.05 -1.55 -1.87 -2.63 -2.59

Keystone Law Group Semi-Annual Data
Jan15 Jan16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.95 -1.23 -1.40 -1.07 -1.52

Keystone Law 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 Jan. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.59 Mil.

* 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.


Keystone Law Group  (LSE:KEYS) 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.

Keystone Law Group's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.495/45.626*91
=41.98

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

Keystone Law Group's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=8.367-24.356+0.75 * 10.495+0.5 * 0
=-8.12

* 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.


Keystone Law Group Change In Receivables Related Terms

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Keystone Law Group (LSE:KEYS) Business Description

Traded in Other Exchanges
N/A
Address
48 Chancery Lane, London, GBR, WC2A 1JF
Keystone Law Group PLC is a law firm. The company provides legal services to a client base comprising of small and medium enterprises and private individuals. It offers conventional legal advice in the areas including property, commercial, corporate, employment, family, litigation, and private client. It derives revenue from rendering of services and other revenue. It serves sectors such as Aviation, Education, Financial Services, Food and Beverage, High-Net-Worth Family Office, Hotels, Hospitality and Leisure, In-House Legal, Life Sciences and Healthcare, Marine and Shipping, Media, Satellite, Space and Communications, and others.