Asseco Poland (Asseco Poland) Change In Receivables : $27 Mil (TTM As of Dec. 2023)

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What is Asseco Poland Change In Receivables?

Asseco Poland's change in receivables for the quarter that ended in Dec. 2023 was $24 Mil. It means Asseco Poland's Accounts Receivable declined by $24 Mil from Sep. 2023 to Dec. 2023 .

Asseco Poland's change in receivables for the fiscal year that ended in Dec. 2023 was $27 Mil. It means Asseco Poland's Accounts Receivable declined by $27 Mil from Dec. 2022 to Dec. 2023 .

Asseco Poland's Accounts Receivable for the quarter that ended in Dec. 2023 was $790 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 Poland's Days Sales Outstanding for the three months ended in Dec. 2023 was 65.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Asseco Poland's liquidation value for the three months ended in Dec. 2023 was $-1,019 Mil.

Asseco Poland Change In Receivables Historical Data

The historical data trend for Asseco Poland'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 Poland Change In Receivables Chart

Asseco Poland Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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19.39

-17.37

-167.75

-142.07

26.98

Asseco Poland Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-80.94	7.03	-31.65	28.00	23.61

Asseco Poland 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 quarterly data reported by the company within the most recent 12 months, which was $27 Mil.

Asseco Poland (OTCPK:ASOZF) 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 Poland's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	789.73	/	1094.948	*	91
=	65.81

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

Asseco Poland'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)
=	841.821	-	2494.73	+	0.75 * 789.73	+	0.5 * 83.26
=	-1,019

Asseco Poland Change In Receivables Related Terms

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Asseco Poland (Asseco Poland) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Asseco Poland SA (OTCPK:ASOZF) » Definitions » Change In Receivables

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ACP:Poland SFB1:Germany

Address

14 Olchowa Street, Rzeszow, POL, 35-322

Website

http://www.asseco.pl

Asseco Poland SA is the Polish subsidiary of the multinational Asseco Group, which has a presence in Europe and Israel. The firm develops sector-specific software for banking and finance, and executes large IT projects for healthcare, insurance, and other sectors in public administration. Asseco's flagship product for the banking sector is the comprehensive IT suite def3000, used by financial institutions in Poland. The firm also provides IT consulting, systems integration, and implementation services for large and midsize industrial enterprises. A large majority of the firm's revenue is generated through proprietary software licenses from Polish institutions.

Asseco Poland (Asseco Poland) Headlines

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