Bureau Veritas (Bureau Veritas) Change In Receivables : $-142 Mil (TTM As of Dec. 2023)

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What is Bureau Veritas Change In Receivables?

Bureau Veritas's change in receivables for the quarter that ended in Dec. 2023 was $-36 Mil. It means Bureau Veritas's Accounts Receivable increased by $36 Mil from Jun. 2023 to Dec. 2023 .

Bureau Veritas's change in receivables for the fiscal year that ended in Dec. 2023 was $-142 Mil. It means Bureau Veritas's Accounts Receivable increased by $142 Mil from Dec. 2022 to Dec. 2023 .

Bureau Veritas's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,728 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. Bureau Veritas's Days Sales Outstanding for the six months ended in Dec. 2023 was 97.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bureau Veritas's liquidation value for the six months ended in Dec. 2023 was $-2,459 Mil.

Bureau Veritas Change In Receivables Historical Data

The historical data trend for Bureau Veritas'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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Bureau Veritas Change In Receivables Chart

Bureau Veritas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-69.78

133.58

-164.63

-55.61

-142.31

Bureau Veritas 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															-112.88	-94.29	38.88	-105.63	-35.99

Bureau Veritas 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 $-142 Mil.

Bureau Veritas (OTCPK:BVRDF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1727.917	/	3231.843	*	91
=	97.57

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

Bureau Veritas'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)
=	1290.076	-	5071.538	+	0.75 * 1727.917	+	0.5 * 53.762
=	-2,459

Bureau Veritas Change In Receivables Related Terms

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Bureau Veritas (Bureau Veritas) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Bureau Veritas SA (OTCPK:BVRDF) » Definitions » Change In Receivables

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Traded in Other Exchanges

BVVBY:USA BVIp:UK 0MH1:UK BVI:France 4BV:Germany

Address

40/52 Boulevard du Parc, Immeuble Newtime, Neuilly-sur-Seine, FRA, 92200

Website

https://group.bureauveritas.com

Bureau Veritas is involved in the testing, inspection, and certification, or TIC, industry. The company's primary activities involve testing products or materials, inspecting sites/equipment, and certifying products and systems to maintain global standards. BV is one of only a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. BV listed in 2007, prior to which it was privately owned by the Wendel Group, who retain a significant holding.