Staar Surgical Co (FRA:SR3) Change In Receivables : €-2.1 Mil (TTM As of Mar. 2024)

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What is Staar Surgical Co Change In Receivables?

Staar Surgical Co's change in receivables for the quarter that ended in Mar. 2024 was €27.5 Mil. It means Staar Surgical Co's Accounts Receivable declined by €27.5 Mil from Dec. 2023 to Mar. 2024 .

Staar Surgical Co's change in receivables for the fiscal year that ended in Dec. 2023 was €-30.0 Mil. It means Staar Surgical Co's Accounts Receivable increased by €30.0 Mil from Dec. 2022 to Dec. 2023 .

Staar Surgical Co's Accounts Receivable for the quarter that ended in Mar. 2024 was €59.4 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. Staar Surgical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Staar Surgical Co's liquidation value for the three months ended in Mar. 2024 was €196.1 Mil.

Staar Surgical Co Change In Receivables Historical Data

The historical data trend for Staar Surgical Co'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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Staar Surgical Co Change In Receivables Chart

Staar Surgical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-4.05

-3.27

-7.85

-18.50

-30.04

Staar Surgical Co 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															-1.04	-28.83	-16.95	16.21	27.45

Staar Surgical Co 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 €-2.1 Mil.

Staar Surgical Co (FRA:SR3) 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.

Staar Surgical Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	59.436	/	71.168	*	91
=	76.21

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

Staar Surgical Co'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)
=	225.537	-	91.767	+	0.75 * 59.436	+	0.5 * 35.495
=	196.1

Staar Surgical Co Change In Receivables Related Terms

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Staar Surgical Co (FRA:SR3) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Staar Surgical Co (FRA:SR3) » Definitions » Change In Receivables

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Traded in Other Exchanges

STAA:USA SR3:Germany

Address

25651 Atlantic Ocean Drive, Lake Forest, CA, USA, 92630

Website

https://www.staar.com

Staar Surgical Co is a manufacturer of lenses. It designs, develops, manufactures, and sells implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. The company also make lenses which are used in surgery that treats cataracts. The company offers products are ICLs used in refractive surgery and IOLs used in cataract surgery. The company generated sales are from the ophthalmic surgical product segment.

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