Virgin Money UK (LSE:VMUK) Change In Receivables : £0 Mil (TTM As of Sep. 2023)

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What is Virgin Money UK Change In Receivables?

Virgin Money UK's change in receivables for the quarter that ended in Sep. 2023 was £0 Mil. It means Virgin Money UK's Accounts Receivable stayed the same from Mar. 2023 to Sep. 2023 .

Virgin Money UK's change in receivables for the fiscal year that ended in Sep. 2023 was £0 Mil. It means Virgin Money UK's Accounts Receivable stayed the same from Sep. 2022 to Sep. 2023 .

Virgin Money UK's Accounts Receivable for the quarter that ended in Sep. 2023 was £0 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. Virgin Money UK's Days Sales Outstanding for the six months ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Virgin Money UK's liquidation value for the six months ended in Sep. 2023 was £-74,230 Mil.

Virgin Money UK Change In Receivables Historical Data

The historical data trend for Virgin Money UK'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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Virgin Money UK Change In Receivables Chart

Virgin Money UK Annual Data

Trend

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Sep23

Change In Receivables

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Virgin Money UK Semi-Annual Data
	Sep13	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															-	-	-	-	-

Virgin Money UK 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 Mil.

Virgin Money UK (LSE:VMUK) 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.

Virgin Money UK's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	913	*	91
=	0.00

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

Virgin Money UK'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)
=	11949	-	86179	+	0.75 * 0	+	0.5 * 0
=	-74,230

Virgin Money UK Change In Receivables Related Terms

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Virgin Money UK (LSE:VMUK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Virgin Money UK PLC (LSE:VMUK) » Definitions » Change In Receivables

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CYBBF:USA CBBYF:USA VMUKl:UK 42YA:Germany 42YB:Germany VUK:Australia

Address

177 Bothwell Street, Glasgow, GBR, G2 7ER

Website

https://www.virginmoneyukplc.com

Virgin Money UK was formed through the merger between CYBG PLC and Virgin Money. After being divested by National Australia Bank in 2016, CYBG went through a restructuring and recapitalization process, with mortgages accounting for around 75% of its loan book. Following CYBG's merger with Virgin Money, the loan book has been reshaped again, with mortgages now accounting for 79% of total loans, personal loans around 9%, and SME and business loans around 12%.

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