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Elmera Group ASA (OSL:ELMRA) Change In Receivables : kr1,020 Mil (TTM As of Mar. 2024)


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What is Elmera Group ASA Change In Receivables?

Elmera Group ASA's change in receivables for the quarter that ended in Mar. 2024 was kr1,102 Mil. It means Elmera Group ASA's Accounts Receivable declined by kr1,102 Mil from Dec. 2023 to Mar. 2024 .

Elmera Group ASA's change in receivables for the fiscal year that ended in Dec. 2023 was kr3,596 Mil. It means Elmera Group ASA's Accounts Receivable declined by kr3,596 Mil from Dec. 2022 to Dec. 2023 .

Elmera Group ASA's Accounts Receivable for the quarter that ended in Mar. 2024 was kr2,882 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. Elmera Group ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.99.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elmera Group ASA's liquidation value for the three months ended in Mar. 2024 was kr-2,997 Mil.


Elmera Group ASA Change In Receivables Historical Data

The historical data trend for Elmera Group 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.

* Premium members only.

Elmera Group ASA Change In Receivables Chart

Elmera Group ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 489.36 260.28 -3,667.41 -2,385.82 3,596.37

Elmera Group ASA 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 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 3,677.80 2,076.97 713.33 -2,871.72 1,101.92

Elmera Group 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 kr1,020 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.


Elmera Group ASA  (OSL:ELMRA) 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.

Elmera Group 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
=2881.732/5367.283*91
=48.99

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

Elmera Group 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)
=114.348-5272.416+0.75 * 2881.732+0.5 * 0.132
=-2,997

* 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.


Elmera Group ASA Change In Receivables Related Terms

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Elmera Group ASA (OSL:ELMRA) Business Description

Traded in Other Exchanges
Address
Folke Bernadottes vei 38, Fyllingsdalen, Bergen, NOR, 5147
Elmera Group ASA formerly Fjordkraft Holding ASA is an electric power supply company that serves the private and public sectors along with the residences of Norway. It operates in segments being; Consumer, Business, Nordic and New Growth Initiatives (NGI), which consists of its mobile services business, the alliance segment and the Extended Alliance. The consumer segment comprises the sale of electrical power to private consumers which generates key revenue whilst the latter comprises of sale of electricity to businesses.

Elmera Group ASA (OSL:ELMRA) Headlines

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