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XBP Europe Holdings (XBP Europe Holdings) Change In Receivables : $2.7 Mil (TTM As of Mar. 2024)


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What is XBP Europe Holdings Change In Receivables?

XBP Europe Holdings's change in receivables for the quarter that ended in Mar. 2024 was $-1.2 Mil. It means XBP Europe Holdings's Accounts Receivable increased by $1.2 Mil from Dec. 2023 to Mar. 2024 .

XBP Europe Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $6.0 Mil. It means XBP Europe Holdings's Accounts Receivable declined by $6.0 Mil from Dec. 2022 to Dec. 2023 .

XBP Europe Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $20.9 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. XBP Europe Holdings'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. XBP Europe Holdings's liquidation value for the three months ended in Mar. 2024 was $-91.8 Mil.

XBP Europe Holdings Change In Receivables Historical Data

The historical data trend for XBP Europe Holdings'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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XBP Europe Holdings Change In Receivables Chart

XBP Europe Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
3.49 3.95 3.71 -3.37 5.99

XBP Europe Holdings Quarterly Data
Dec19 Dec20 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 2.11 1.30 -0.54 3.12 -1.16

XBP Europe Holdings 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 $2.7 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.

XBP Europe Holdings  (NAS:XBP) 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.

XBP Europe Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.892/40.35*91
=47.25

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

XBP Europe Holdings'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)
=3.501-113.343+0.75 * 20.892+0.5 * 4.738
=-91.8

* 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.

XBP Europe Holdings Change In Receivables Related Terms

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XBP Europe Holdings (XBP Europe Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » XBP Europe Holdings Inc (NAS:XBP) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
2701 East Grauwyler Road, Irving, TX, USA, 75061
Website
https://www.xbpeurope.com
XBP Europe Holdings Inc is a pan-European integrator of bills, payments and related solutions and services seeking to enable the digital transformation of its more than 2,000 clients. The company's name - XBP stands for exchange for bills and payments and reflects the company's strategy to connect buyers and suppliers, across industries, including banking, healthcare, insurance, utilities and the public sector, to optimize clients' bills and payments and related digitization processes. The company provides business process management solutions with proprietary software suites and deep domain expertise, serving as a technology and services partner for its clients. Its cloud-based structure enables it to deploy its solutions across the European market, the Middle East, and Africa.