First Hydrogen (STU:FIT) Change In Receivables : €1.63 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is First Hydrogen Change In Receivables?

First Hydrogen's change in receivables for the quarter that ended in Dec. 2023 was €0.85 Mil. It means First Hydrogen's Accounts Receivable declined by €0.85 Mil from Sep. 2023 to Dec. 2023 .

First Hydrogen's change in receivables for the fiscal year that ended in Mar. 2023 was €0.38 Mil. It means First Hydrogen's Accounts Receivable declined by €0.38 Mil from Mar. 2022 to Mar. 2023 .

First Hydrogen's Accounts Receivable for the quarter that ended in Dec. 2023 was €0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First Hydrogen's liquidation value for the three months ended in Dec. 2023 was €-1.45 Mil.

First Hydrogen Change In Receivables Historical Data

The historical data trend for First Hydrogen'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.

First Hydrogen Change In Receivables Chart

First Hydrogen Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

-0.01

-0.04

-0.58

0.38

First Hydrogen Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.05	-0.06	0.63	0.21	0.85

First Hydrogen 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 quarterly data reported by the company within the most recent 12 months, which was €1.63 Mil.

First Hydrogen (STU:FIT) 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.

First Hydrogen's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

First Hydrogen'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)
=	0.745	-	2.271	+	0.75 * 0	+	0.5 * 0.147
=	-1.45

First Hydrogen Change In Receivables Related Terms

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

First Hydrogen (STU:FIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » First Hydrogen Corp (STU:FIT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

FHYDF:USA FHYD:Canada

Address

755 Burrard Street, Suite 440, Vancouver, BC, CAN, V6Z 1X6

Website

https://www.firsthydrogen.com

First Hydrogen Corp is a Vancouver Canada and London UK-based company focused on zero emission vehicles, green hydrogen production, and distribution and supercritical carbon dioxide extractor systems in in UK, EU, and North America.