PureTech Health (LSE:PRTC) Change In Receivables : £7.72 Mil (TTM As of Dec. 2023)

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What is PureTech Health Change In Receivables?

PureTech Health's change in receivables for the quarter that ended in Dec. 2023 was £0.40 Mil. It means PureTech Health's Accounts Receivable declined by £0.40 Mil from Jun. 2023 to Dec. 2023 .

PureTech Health's change in receivables for the fiscal year that ended in Dec. 2023 was £7.70 Mil. It means PureTech Health's Accounts Receivable declined by £7.70 Mil from Dec. 2022 to Dec. 2023 .

PureTech Health's Accounts Receivable for the quarter that ended in Dec. 2023 was £1.88 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PureTech Health's liquidation value for the six months ended in Dec. 2023 was £73.61 Mil.

PureTech Health Change In Receivables Historical Data

The historical data trend for PureTech Health'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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PureTech Health Change In Receivables Chart

PureTech Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.57

-0.39

-0.46

-6.35

7.70

PureTech Health 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															0.20	-0.85	-5.49	7.32	0.40

PureTech Health 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 £7.72 Mil.

PureTech Health (LSE:PRTC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.877	/	0	*	91
=

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

PureTech Health'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)
=	258.443	-	186.236	+	0.75 * 1.877	+	0.5 * 0
=	73.61

PureTech Health Change In Receivables Related Terms

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PureTech Health (LSE:PRTC) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » PureTech Health PLC (LSE:PRTC) » Definitions » Change In Receivables

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PRTC:USA PTCHF:USA PRTCl:UK PRTCL:Germany

Address

6 Tide Street, Suite 400, Boston, MA, USA, 02210

Website

https://www.puretechhealth.com

PureTech Health PLC is a biopharma company developing medicines to modulate the adaptive human system. It is a cross-disciplinary healthcare company developing products that could improve the lives of patients. The company is focused on developing and commercializing highly differentiated medicines for devastating diseases, including inflammatory, fibrotic, and immunological conditions, intractable cancers, lymphatic & gastrointestinal diseases, and neurological & neuropsychological disorders, among others. It operates in the following segments: Internal, Controlled Founded Entities, Non-Controlled Founded Entities, and Parent Companies & Others. The company has a robust pipeline of advanced programs that are post-human proof of concept and focused on some of society's healthcare needs.