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SSAB AB (SSAB AB) Change In Receivables : $0 Mil (TTM As of Mar. 2024)


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What is SSAB AB Change In Receivables?

SSAB AB's change in receivables for the quarter that ended in Mar. 2024 was $0 Mil. It means SSAB AB's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

SSAB AB's change in receivables for the fiscal year that ended in Dec. 2023 was $219 Mil. It means SSAB AB's Accounts Receivable declined by $219 Mil from Dec. 2022 to Dec. 2023 .

SSAB AB's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,249 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. SSAB AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SSAB AB's liquidation value for the three months ended in Mar. 2024 was $1,311 Mil.


SSAB AB Change In Receivables Historical Data

The historical data trend for SSAB AB'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.

SSAB AB Change In Receivables Chart

SSAB AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.00 -28.46 -439.29 -152.82 218.67

SSAB AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

SSAB AB 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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.


SSAB AB  (OTCPK:SSAAY) 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.

SSAB AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1249.124/2607.551*91
=43.71

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

SSAB AB's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2783.226-3993.353+0.75 * 1249.124+0.5 * 3168.961
=1,311

* 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.


SSAB AB Change In Receivables Related Terms

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SSAB AB (SSAB AB) Business Description

Address
Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21
SSAB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB primarily serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates most of its revenue from Europe and North America.

SSAB AB (SSAB AB) Headlines

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