Hermes International (Hermes International) Change In Receivables : $-132 Mil (TTM As of Dec. 2023)

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What is Hermes International Change In Receivables?

Hermes International's change in receivables for the quarter that ended in Dec. 2023 was $-10 Mil. It means Hermes International's Accounts Receivable increased by $10 Mil from Jun. 2023 to Dec. 2023 .

Hermes International's change in receivables for the fiscal year that ended in Dec. 2023 was $-133 Mil. It means Hermes International's Accounts Receivable increased by $133 Mil from Dec. 2022 to Dec. 2023 .

Hermes International's Accounts Receivable for the quarter that ended in Dec. 2023 was $470 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. Hermes International's Days Sales Outstanding for the six months ended in Dec. 2023 was 11.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hermes International's liquidation value for the six months ended in Dec. 2023 was $7,539 Mil.

Hermes International Change In Receivables Historical Data

The historical data trend for Hermes International'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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Hermes International Change In Receivables Chart

Hermes International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-15.44

46.23

-33.90

-57.20

-133.04

Hermes International 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															-1.13	-102.54	45.55	-122.43	-9.82

Hermes International 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 $-132 Mil.

Hermes International (OTCPK:HESAY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	470.011	/	7338.059	*	91
=	11.69

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

Hermes International'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)
=	11586.696	-	5716.467	+	0.75 * 470.011	+	0.5 * 2632.497
=	7,539

Hermes International Change In Receivables Related Terms

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Hermes International (Hermes International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hermes International SA (OTCPK:HESAY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

HESAF:USA RMSp:UK 0HV2:UK RMS:France HMI:Germany

Address

24 rue du Faubourg Saint Honore, Paris, FRA, 75008

Website

https://www.hermes.com

Hermes is a 180-year-old family controlled luxury goods company best known for its Birkin and Kelly bags. Its biggest segments are leather goods and saddlery, accounting for around half of revenue; clothes and accessories (25% of sales); silk and textiles (7%); and other products such as perfumes, watches, jewellery, and home furnishings. Hermes has around 300 stores globally, of which it owns and operates 221.