Asseco Business Solutions (WAR:ABS) Change In Receivables : zł-5.5 Mil (TTM As of Mar. 2024)

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What is Asseco Business Solutions Change In Receivables?

Asseco Business Solutions's change in receivables for the quarter that ended in Mar. 2024 was zł-0.9 Mil. It means Asseco Business Solutions's Accounts Receivable increased by zł0.9 Mil from Dec. 2023 to Mar. 2024 .

Asseco Business Solutions's change in receivables for the fiscal year that ended in Dec. 2023 was zł-2.3 Mil. It means Asseco Business Solutions's Accounts Receivable increased by zł2.3 Mil from Dec. 2022 to Dec. 2023 .

Asseco Business Solutions's Accounts Receivable for the quarter that ended in Mar. 2024 was zł51.7 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. Asseco Business Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asseco Business Solutions's liquidation value for the three months ended in Mar. 2024 was zł-5.6 Mil.

Asseco Business Solutions Change In Receivables Historical Data

The historical data trend for Asseco Business Solutions'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.

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Asseco Business Solutions Change In Receivables Chart

Asseco Business Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.31

6.70

-3.99

-7.51

-2.34

Asseco Business Solutions 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															2.31	-4.55	-8.38	8.29	-0.85

Asseco Business Solutions 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 zł-5.5 Mil.

Asseco Business Solutions (WAR:ABS) 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.

Asseco Business Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	51.682	/	99.819	*	91
=	47.25

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

Asseco Business Solutions'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)
=	71.977	-	116.525	+	0.75 * 51.682	+	0.5 * 0.448
=	-5.6

Asseco Business Solutions Change In Receivables Related Terms

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Asseco Business Solutions (WAR:ABS) Business Description

Industry

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Traded in Other Exchanges

9QQ:Germany

Address

ul. Konrada Wallenroda 4c, Lublin, POL, 20-607

Website

http://www.assecobs.pl

Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

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