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Hexagon Composites ASA (Hexagon Composites ASA) Change In Receivables : $0.0 Mil (TTM As of Mar. 2024)


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What is Hexagon Composites ASA Change In Receivables?

Hexagon Composites ASA's change in receivables for the quarter that ended in Mar. 2024 was $0.0 Mil. It means Hexagon Composites ASA's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Hexagon Composites ASA's change in receivables for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means Hexagon Composites ASA's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Hexagon Composites ASA's Accounts Receivable for the quarter that ended in Mar. 2024 was $49.8 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. Hexagon Composites ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.60.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hexagon Composites ASA's liquidation value for the three months ended in Mar. 2024 was $-243.9 Mil.

Hexagon Composites ASA Change In Receivables Historical Data

The historical data trend for Hexagon Composites ASA'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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Hexagon Composites ASA Change In Receivables Chart

Hexagon Composites ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
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Hexagon Composites ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Hexagon Composites ASA 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 $0.0 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.

Hexagon Composites ASA  (OTCPK:HXGCF) 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.

Hexagon Composites ASA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=49.806/101.907*91
=44.60

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

Hexagon Composites ASA'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)
=10.297-351.396+0.75 * 49.806+0.5 * 119.649
=-243.9

* 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.

Hexagon Composites ASA Change In Receivables Related Terms

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Hexagon Composites ASA (Hexagon Composites ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Hexagon Composites ASA (OTCPK:HXGCF) » Definitions » Change In Receivables
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Traded in Other Exchanges
HEXO:Sweden HEX:Norway 0EOF:UK 2HX:Germany 2HX:Germany 2HX:Germany
Address
Korsegata 4B, P.O. Box 836, Sentrum, Aalesund, NOR, 6002
Website
https://www.hexagongroup.com
Hexagon Composites ASA is a supplier of clean energy technology for gas storage, distribution, fuel systems, and drivetrains. Its operating segments are Hexagon Agility & CNG LDV, Hexagon Purus, Hexagon Digital Wave, and Hexagon Ragasco LPG. Hexagon Agility & CNG LDV segment offers natural gas fuel systems and delivery solutions for the mobility market. Hexagon Purus is a provider of technology needed for zero-emission mobility. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology. Hexagon Ragasco LPG segment is a manufacturer of composite LPG cylinders. It operates through Europe, North America, South-East Asia, the Middle East, and Norway geographic regions.