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Abak (WAR:ABK) Change In Receivables : zł-0.08 Mil (TTM As of Sep. 2023)


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What is Abak Change In Receivables?

Abak's change in receivables for the quarter that ended in Sep. 2023 was zł0.08 Mil. It means Abak's Accounts Receivable declined by zł0.08 Mil from Jun. 2023 to Sep. 2023 .

Abak's change in receivables for the fiscal year that ended in Dec. 2022 was zł-0.17 Mil. It means Abak's Accounts Receivable increased by zł0.17 Mil from Dec. 2021 to Dec. 2022 .

Abak's Accounts Receivable for the quarter that ended in Sep. 2023 was zł1.69 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. Abak's Days Sales Outstanding for the three months ended in Sep. 2023 was 42.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Abak's liquidation value for the three months ended in Sep. 2023 was zł-0.44 Mil.


Abak Change In Receivables Historical Data

The historical data trend for Abak'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.

Abak Change In Receivables Chart

Abak Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.38 0.41 1.53 0.18 -0.17

Abak Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.06 -0.17 0.01 0.01 0.08

Abak 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-0.08 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.


Abak  (WAR:ABK) 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.

Abak's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.688/3.663*91
=42.05

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

Abak's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.58-3.281+0.75 * 1.688+0.5 * 0
=-0.44

* 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.


Abak Change In Receivables Related Terms

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Abak (WAR:ABK) Business Description

Traded in Other Exchanges
N/A
Address
18/20 Marii Sk?odowskiej-Curie Street, Office 12, Olsztyn, POL, 10-109
Abak SA is an outsourcing company. The company is engaged in accounting, tax, HR and payroll business individuals, partnerships and legal persons.

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