Theranexus (XPAR:ALTHX) Change In Receivables : €0.32 Mil (TTM As of Dec. 2023)

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What is Theranexus Change In Receivables?

Theranexus's change in receivables for the quarter that ended in Dec. 2023 was €0.68 Mil. It means Theranexus's Accounts Receivable declined by €0.68 Mil from Jun. 2023 to Dec. 2023 .

Theranexus's change in receivables for the fiscal year that ended in Dec. 2023 was €0.32 Mil. It means Theranexus's Accounts Receivable declined by €0.32 Mil from Dec. 2022 to Dec. 2023 .

Theranexus's Accounts Receivable for the quarter that ended in Dec. 2023 was €0.01 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. Theranexus's liquidation value for the six months ended in Dec. 2023 was €-0.11 Mil.

Theranexus Change In Receivables Historical Data

The historical data trend for Theranexus'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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Theranexus Change In Receivables Chart

Theranexus Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.44

0.19

0.54

1.07

0.32

Theranexus Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial												0.18	-	1.06	-0.36	0.68

Theranexus 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 semi-annually data reported by the company within the most recent 12 months, which was €0.32 Mil.

Theranexus (XPAR:ALTHX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.005	/	0	*	91
=

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

Theranexus'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)
=	4.905	-	5.016	+	0.75 * 0.005	+	0.5 * 0
=	-0.11

Theranexus Change In Receivables Related Terms

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Theranexus (XPAR:ALTHX) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Theranexus SA (XPAR:ALTHX) » Definitions » Change In Receivables

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3VG:Germany

Address

60 avenue Rockefeller, Pepiniere Laennec, Lyon, FRA, 69008

Website

https://www.theranexus.com

Theranexus SA is a France based biopharmaceutical company. It is engaged in developing drug candidates to be used in the treatment of central nervous system (CNS) disorders. The company's therapeutics platform is based on simultaneously targeting neurons and glial cells by creating and developing innovative combinations of two distinct drugs: a CNS drug targeting neuronal activity; and a drug targeting glial cells. The drug candidates of the organization are THN102 to treat excessive daytime sleepiness in Parkinson's disease, THN201 for the treatment of neurocognitive disorders in Alzheimer's disease and THN101 for neuropathic pain.

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