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Gigaset AG (FRA:GGSN) Change In Receivables : €-8.35 Mil (TTM As of Jun. 2023)


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What is Gigaset AG Change In Receivables?

Gigaset AG's change in receivables for the quarter that ended in Jun. 2023 was €3.22 Mil. It means Gigaset AG's Accounts Receivable declined by €3.22 Mil from Mar. 2023 to Jun. 2023 .

Gigaset AG's change in receivables for the fiscal year that ended in Dec. 2022 was €-0.50 Mil. It means Gigaset AG's Accounts Receivable increased by €0.50 Mil from Dec. 2021 to Dec. 2022 .

Gigaset AG's Accounts Receivable for the quarter that ended in Jun. 2023 was €22.90 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. Gigaset AG's Days Sales Outstanding for the three months ended in Jun. 2023 was 41.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gigaset AG's liquidation value for the three months ended in Jun. 2023 was €-128.07 Mil.


Gigaset AG Change In Receivables Historical Data

The historical data trend for Gigaset AG'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.

Gigaset AG Change In Receivables Chart

Gigaset AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.46 -3.86 30.61 -5.20 -0.50

Gigaset AG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -1.27 -2.19 -4.65 -4.73 3.22

Gigaset AG 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-8.35 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.


Gigaset AG  (FRA:GGSN) 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.

Gigaset AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=22.901/49.994*91
=41.80

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

Gigaset AG's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.795-172.509+0.75 * 22.901+0.5 * 40.928
=-128.07

* 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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Gigaset AG (FRA:GGSN) Business Description

Industry
Traded in Other Exchanges
Address
Frankenstrasse 2, Bochalt, DEU, 46395
Gigaset AG manufactures and sells telecommunication equipment. Its business segments include Phones, Professional, Smart homes, and Smartphones. Phones segment generates the majority of the revenue. Its geographic segments include Germany, the European Union, and the Rest of the world.

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