Piraeus Port Authority (LTS:0FHO) Change In Receivables : €-1.2 Mil (TTM As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Piraeus Port Authority Change In Receivables?

Piraeus Port Authority's change in receivables for the quarter that ended in Dec. 2023 was €12.3 Mil. It means Piraeus Port Authority's Accounts Receivable declined by €12.3 Mil from Jun. 2023 to Dec. 2023 .

Piraeus Port Authority's change in receivables for the fiscal year that ended in Dec. 2023 was €-1.2 Mil. It means Piraeus Port Authority's Accounts Receivable increased by €1.2 Mil from Dec. 2022 to Dec. 2023 .

Piraeus Port Authority's Accounts Receivable for the quarter that ended in Dec. 2023 was €11.3 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. Piraeus Port Authority's Days Sales Outstanding for the six months ended in Dec. 2023 was 17.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Piraeus Port Authority's liquidation value for the six months ended in Dec. 2023 was €-43.3 Mil.

Piraeus Port Authority Change In Receivables Historical Data

The historical data trend for Piraeus Port Authority'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.

Piraeus Port Authority Change In Receivables Chart

Piraeus Port Authority Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

4.17

-0.06

-2.63

-2.43

-1.23

Piraeus Port Authority 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															5.28	-10.60	8.17	-13.50	12.27

Piraeus Port Authority 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 €-1.2 Mil.

Piraeus Port Authority (LTS:0FHO) 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.

Piraeus Port Authority's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11.251	/	117.403	*	91
=	17.49

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

Piraeus Port Authority'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)
=	202.476	-	256.264	+	0.75 * 11.251	+	0.5 * 4.019
=	-43.3

Piraeus Port Authority Change In Receivables Related Terms

Thank you for viewing the detailed overview of Piraeus Port Authority's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Piraeus Port Authority (LTS:0FHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Piraeus Port Authority SA (LTS:0FHO) » Definitions » Change In Receivables

Traded in Other Exchanges

PPA:Greece PZE:Germany

Address

10 Akti Miaouli street, Piraeus, GRC, 18538

Website

https://www.olp.gr

Piraeus Port Authority SA is engaged in the management and operation of Piraeus port. The main activities of the company are anchoring services of vessels, handling cargo, loading and unloading services as well as goods storage and car transportation. The company is also responsible for the maintenance of port facilities, the supply of port services (water, electricity, telephone connection, and supply), for services provided to travelers (coastal and cruise ships), and for renting space to third parties. Business operating segments include Container Terminal, Car Terminal, Coasting, Cruise, Ship repairing, and Other segments which include water supply, space management, and merchandise management. Substantial revenue is derived from the Container Terminal segment.

Piraeus Port Authority (LTS:0FHO) Headlines

No Headlines