Stoneridge (Stoneridge) Change In Receivables : $-5.9 Mil (TTM As of Dec. 2023)

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What is Stoneridge Change In Receivables?

Stoneridge's change in receivables for the quarter that ended in Dec. 2023 was $15.5 Mil. It means Stoneridge's Accounts Receivable declined by $15.5 Mil from Sep. 2023 to Dec. 2023 .

Stoneridge's change in receivables for the fiscal year that ended in Dec. 2023 was $-5.9 Mil. It means Stoneridge's Accounts Receivable increased by $5.9 Mil from Dec. 2022 to Dec. 2023 .

Stoneridge's Accounts Receivable for the quarter that ended in Dec. 2023 was $166.5 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. Stoneridge's Days Sales Outstanding for the three months ended in Dec. 2023 was 66.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Stoneridge's liquidation value for the three months ended in Dec. 2023 was $-132.6 Mil.

Stoneridge Change In Receivables Historical Data

The historical data trend for Stoneridge'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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Stoneridge Change In Receivables Chart

Stoneridge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.35

4.16

-17.02

-13.16

-5.85

Stoneridge Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															15.17	-16.83	-11.27	6.77	15.48

Stoneridge 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 quarterly data reported by the company within the most recent 12 months, which was $-5.9 Mil.

Stoneridge (NYSE:SRI) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	166.545	/	229.515	*	91
=	66.21

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

Stoneridge'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)
=	40.841	-	392.183	+	0.75 * 166.545	+	0.5 * 187.758
=	-132.6

Stoneridge Change In Receivables Related Terms

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Stoneridge (Stoneridge) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Stoneridge Inc (NYSE:SRI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

2GX:Germany

Address

39675 MacKenzie Drive, Suite 400, Novi, MI, USA, 48377

Website

https://www.stoneridge.com

Stoneridge Inc is a manufacturer of electrical and electronic components used in automotive vehicles. The company produces instrumentation systems, vehicle management electronics, application-specific switches and actuators, sensors, security alarms, and vehicle tracking devices and monitoring services for commercial, automotive, off-highway, and agricultural vehicle markets. Stoneridge generates the majority of its revenue in its Electronics segment that produces driver information systems, camera-based vision systems, connectivity, and compliance products, and electronic control units. Geographically, the company's operations are focused on North America. It has Control Devices, Electronics, and Stoneridge Brazil segments.

Executives

Susan C. Benedict	officer: CHRO and Assistant GC	C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Rajaey Kased	officer: President Control Devices	C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Caetano Roberto Ferraiolo	officer: Director President of PST	ALAMEDA GUARUJA, 199, CONDOMINIO JARDIM PAULISTA - CENTRO, VINHEDO - SP D5 13280-000
Mayes George S Jr	director	5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Sheila M Rutt	director	5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Carsten J Reinhardt	director	ARVINMERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Paul J. Schlather	director	9400 EAST MARKET STREET, WARREN OH 44484
Salvatore D. Orsini	officer: Chief Procurement Officer	C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Peter Osterberg	officer: President of Electronics	C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Jonathan B Degaynor	officer: President and CEO	C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Hartman Robert J. Jr.	officer: Chief Accounting Officer	C/O STONERIDGE, INC., 9400 EAST MARKET STREET, WARREN OH 44484
Matthew R. Horvath	officer: CFO	C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Laurent Borne	officer: President Electronics Division	C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
Frank S Sklarsky	director	C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377
James Zizelman	officer: President Control Devices	C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI MI 48377