Springs Global Participacoes (BSP:SGPS3) Change In Receivables : R$267 Mil (TTM As of Mar. 2023)

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What is Springs Global Participacoes Change In Receivables?

Springs Global Participacoes's change in receivables for the quarter that ended in Mar. 2023 was R$30 Mil. It means Springs Global Participacoes's Accounts Receivable declined by R$30 Mil from Dec. 2022 to Mar. 2023 .

Springs Global Participacoes's change in receivables for the fiscal year that ended in Dec. 2022 was R$263 Mil. It means Springs Global Participacoes's Accounts Receivable declined by R$263 Mil from Dec. 2021 to Dec. 2022 .

Springs Global Participacoes's Accounts Receivable for the quarter that ended in Mar. 2023 was R$135 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. Springs Global Participacoes's Days Sales Outstanding for the three months ended in Mar. 2023 was 71.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Springs Global Participacoes's liquidation value for the three months ended in Mar. 2023 was R$-1,935 Mil.

Springs Global Participacoes Change In Receivables Historical Data

The historical data trend for Springs Global Participacoes'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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Springs Global Participacoes Change In Receivables Chart

Springs Global Participacoes Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-152.94

5.97

60.00

80.87

262.92

Springs Global Participacoes Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Receivables	Get a 7-Day Free Trial															25.60	40.83	90.52	105.96	30.09

Springs Global Participacoes 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$267 Mil.

Springs Global Participacoes (BSP:SGPS3) 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.

Springs Global Participacoes's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	134.514	/	171.342	*	91
=	71.64

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

Springs Global Participacoes's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	186.932	-	2388.218	+	0.75 * 134.514	+	0.5 * 329.839
=	-1,935

Springs Global Participacoes Change In Receivables Related Terms

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Springs Global Participacoes (BSP:SGPS3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Springs Global Participacoes SA (BSP:SGPS3) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Avenue Lincoln Alves Dos Santos. 955, Montes Claros, MG, BRA, 39404005

Website

https://www.springs.com

Springs Global Participacoes SA is engaged in the textile industry. The company operates in the business of spinning, weaving, finishing, and manufacturing home textile products, bed and bath textile articles such as tablecloths, bed sheets, pillowcases, mattress pads, blankets, towels, shower curtains and bath accessories. The firm operates in Wholesale and Retail business units. It operates production facilities in Brazil, Argentina, and the United States. The wholesale unit accounts for the majority of revenue.

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