Palace Capital (LSE:PCA) Change In Receivables : £-2.54 Mil (TTM As of Mar. 2024)

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What is Palace Capital Change In Receivables?

Palace Capital's change in receivables for the quarter that ended in Mar. 2024 was £-1.86 Mil. It means Palace Capital's Accounts Receivable increased by £1.86 Mil from Sep. 2023 to Mar. 2024 .

Palace Capital's change in receivables for the fiscal year that ended in Mar. 2024 was £-2.54 Mil. It means Palace Capital's Accounts Receivable increased by £2.54 Mil from Mar. 2023 to Mar. 2024 .

Palace Capital's Accounts Receivable for the quarter that ended in Mar. 2024 was £1.33 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. Palace Capital's Days Sales Outstanding for the six months ended in Mar. 2024 was 32.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Palace Capital's liquidation value for the six months ended in Mar. 2024 was £11.85 Mil.

Palace Capital Change In Receivables Historical Data

The historical data trend for Palace Capital'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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Palace Capital Change In Receivables Chart

Palace Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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-0.48

0.49

2.29

-1.14

-2.54

Palace Capital Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															3.72	-0.78	-0.36	-0.68	-1.86

Palace Capital 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-2.54 Mil.

Palace Capital (LSE:PCA) 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.

Palace Capital's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.326	/	7.491	*	91
=	32.30

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

Palace Capital's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	19.766	-	12.978	+	0.75 * 1.326	+	0.5 * 8.126
=	11.85

Palace Capital Change In Receivables Related Terms

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Palace Capital (LSE:PCA) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Palace Capital PLC (LSE:PCA) » Definitions » Change In Receivables

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PCAl:UK

Address

6-8 Greencoat Place, Fora Victoria, London, GBR, SW1P 1PL

Website

https://www.palacecapitalplc.com

Palace Capital PLC is a property investment company. Its property portfolio includes investment properties located throughout England, predominantly regional investments outside London, and comprises a diverse portfolio of commercial buildings. The company generates revenue in the form of Rent. Its only reportable segment is an Investment property. The company's properties include Hudson House, York; Fraser House, Staines, Milton Keynes, and Midsummer Boulevard.

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