Leonardo DRS (XTAE:DRS) Change In Receivables : ₪-275 Mil (TTM As of Mar. 2024)

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What is Leonardo DRS Change In Receivables?

Leonardo DRS's change in receivables for the quarter that ended in Mar. 2024 was ₪-524 Mil. It means Leonardo DRS's Accounts Receivable increased by ₪524 Mil from Dec. 2023 to Mar. 2024 .

Leonardo DRS's change in receivables for the fiscal year that ended in Dec. 2023 was ₪-78 Mil. It means Leonardo DRS's Accounts Receivable increased by ₪78 Mil from Dec. 2022 to Dec. 2023 .

Leonardo DRS's Accounts Receivable for the quarter that ended in Mar. 2024 was ₪722 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. Leonardo DRS's Days Sales Outstanding for the three months ended in Mar. 2024 was 25.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Leonardo DRS's liquidation value for the three months ended in Mar. 2024 was ₪-3,531 Mil.

Leonardo DRS Change In Receivables Historical Data

The historical data trend for Leonardo DRS'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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Leonardo DRS Change In Receivables Chart

Leonardo DRS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-583.91

111.58

-464.90

-502.09

-78.10

Leonardo DRS Quarterly Data
	Dec18	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														-327.29	-334.73	-167.36	751.28	-524.41

Leonardo DRS 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 ₪-275 Mil.

Leonardo DRS (XTAE:DRS) 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.

Leonardo DRS's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	721.525	/	2558.81	*	91
=	25.73

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

Leonardo DRS'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)
=	595.072	-	5303.579	+	0.75 * 721.525	+	0.5 * 1271.966
=	-3,531

Leonardo DRS Change In Receivables Related Terms

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Leonardo DRS (XTAE:DRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Leonardo DRS Inc (XTAE:DRS) » Definitions » Change In Receivables

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Traded in Other Exchanges

DRS:USA 2VZ:Germany

Address

2345 Crystal Drive, Suite 1000, Arlington, VA, USA, 22202

Website

https://www.leonardodrs.com

Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The diverse array of defense systems and solutions is offered to all branches of the U.S. military, aerospace and defense prime contractors, government intelligence agencies and international military customers for deployment on a wide range of military platforms.