Nexteer Automotive Group (Nexteer Automotive Group) Change In Receivables : $0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Nexteer Automotive Group Change In Receivables?

Nexteer Automotive Group's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Nexteer Automotive Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Nexteer Automotive Group's change in receivables for the fiscal year that ended in Dec. 2023 was $4 Mil. It means Nexteer Automotive Group's Accounts Receivable declined by $4 Mil from Dec. 2022 to Dec. 2023 .

Nexteer Automotive Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $750 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. Nexteer Automotive Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 65.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nexteer Automotive Group's liquidation value for the six months ended in Dec. 2023 was $-370 Mil.

Nexteer Automotive Group Change In Receivables Historical Data

The historical data trend for Nexteer Automotive Group'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.

Nexteer Automotive Group Change In Receivables Chart

Nexteer Automotive Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-30.05

-39.71

-32.11

-231.64

4.46

Nexteer Automotive Group 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															-	-	-	-	-

Nexteer Automotive Group 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 $0 Mil.

Nexteer Automotive Group (OTCPK:NTXVF) 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.

Nexteer Automotive Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	750.496	/	2104.963	*	91
=	65.07

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

Nexteer Automotive Group'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)
=	311.741	-	1393.752	+	0.75 * 750.496	+	0.5 * 299.074
=	-370

Nexteer Automotive Group Change In Receivables Related Terms

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

Nexteer Automotive Group (Nexteer Automotive Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nexteer Automotive Group Ltd (OTCPK:NTXVF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

01316:Hong Kong

Address

1272 Doris Road, Auburn Hills, MI, USA, 48326

Website

https://www.nexteer.com

Nexteer Automotive Group Ltd offers advanced steering and driveline systems. The company's customers are well-known automakers like BMW, Fiat Chrysler, Ford, GM, and Toyota, as well as automakers in India, South America, and China. The business units are electric power steering, hydraulic power steering, steering columns, driveline, and half shafts. The electric power steering includes columns, an intermediate shaft, and steering gear, EPS motors, sensors, controllers, and assist mechanisms. The Group classifies its businesses into three reportable segments: North America, Asia Pacific, and Europe, Middle East, Africa and South America (EMEASA). All of the Group's operating segments typically offer the same steering and driveline products, the majority are derived from North America.