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Redde (LSE:REDD) Change In Receivables : £-38.2 Mil (TTM As of Jun. 2019)


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What is Redde Change In Receivables?

Redde's change in receivables for the quarter that ended in Jun. 2019 was £-18.7 Mil. It means Redde's Accounts Receivable increased by £18.7 Mil from Dec. 2018 to Jun. 2019 .

Redde's change in receivables for the fiscal year that ended in Jun. 2019 was £-38.2 Mil. It means Redde's Accounts Receivable increased by £38.2 Mil from Jun. 2018 to Jun. 2019 .

Redde's Accounts Receivable for the quarter that ended in Jun. 2019 was £18.8 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. Redde's Days Sales Outstanding for the six months ended in Jun. 2019 was 11.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Redde's liquidation value for the six months ended in Jun. 2019 was £-201.0 Mil.


Redde Change In Receivables Historical Data

The historical data trend for Redde'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.

Redde Change In Receivables Chart

Redde Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.95 -31.54 -12.85 -38.63 -38.17

Redde Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 Premium Member Only Premium Member Only Premium Member Only -9.23 -17.68 -20.95 -19.51 -18.67

Redde 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 Jun. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-38.2 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.


Redde  (LSE:REDD) 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.

Redde's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.844/298.651*91
=11.52

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

Redde's liquidation value for the quarter that ended in Jun. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=11.88-227.018+0.75 * 18.844+0.5 * 0
=-201.0

* 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.


Redde Change In Receivables Related Terms

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Redde (LSE:REDD) Business Description

Traded in Other Exchanges
N/A
Address
Lower Bristol Road, Pinesgate, Bath, GBR, BA2 3DP
Redde PLC is engaged in the provision of non-fault accident management assistance and related services, fleet management and legal services in the United Kingdom. It generates revenue from insurance claims and invoiced for services. The company serves insurance companies, brokers, intermediaries, automotive dealerships and manufacturers, and others.

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