Trakm8 Holdings (LSE:TRAK) Change In Receivables : £0.84 Mil (TTM As of Sep. 2023)

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What is Trakm8 Holdings Change In Receivables?

Trakm8 Holdings's change in receivables for the quarter that ended in Sep. 2023 was £1.59 Mil. It means Trakm8 Holdings's Accounts Receivable declined by £1.59 Mil from Mar. 2023 to Sep. 2023 .

Trakm8 Holdings's change in receivables for the fiscal year that ended in Mar. 2023 was £0.02 Mil. It means Trakm8 Holdings's Accounts Receivable declined by £0.02 Mil from Mar. 2022 to Mar. 2023 .

Trakm8 Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was £6.36 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. Trakm8 Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 136.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trakm8 Holdings's liquidation value for the six months ended in Sep. 2023 was £-11.14 Mil.

Trakm8 Holdings Change In Receivables Historical Data

The historical data trend for Trakm8 Holdings'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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Trakm8 Holdings Change In Receivables Chart

Trakm8 Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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1.73

0.59

1.17

-1.24

0.02

Trakm8 Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-0.61	-0.63	0.77	-0.76	1.59

Trakm8 Holdings 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.84 Mil.

Trakm8 Holdings (LSE:TRAK) 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.

Trakm8 Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.362	/	8.537	*	91
=	136.00

2. In Ben Graham's calculation of liquidation value, Trakm8 Holdings's accounts receivable are only considered to be worth 75% of book value:

Trakm8 Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.874	-	18.191	+	0.75 * 6.362	+	0.5 * 2.813
=	-11.14

Trakm8 Holdings Change In Receivables Related Terms

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Trakm8 Holdings (LSE:TRAK) Business Description

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Address

4 Roman Park, Roman Way, Coleshill, Birmingham, West Midlands, GBR, B46 1HG

Website

https://www.trakm8.com

Trakm8 Holdings PLC is a UK-based company. The company through its subsidiaries is engaged in developing, manufacturing, marketing, and distribution of vehicle telematics devices and services. Its operating segment includes Integrated Telematics Technology. The company generates maximum revenue from Fleet and optimization and Insurance and automotive solutions. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in North America, Norway, the Rest of Europe, and the Rest of the World.