Vassilico Cement Works PCL (CYS:VCW) Change In Receivables

: €1.8 Mil (TTM As of Dec. 2023)

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Vassilico Cement Works PCL's change in receivables for the quarter that ended in Dec. 2023 was €-1.6 Mil. It means Vassilico Cement Works PCL's Accounts Receivable increased by €1.6 Mil from Jun. 2023 to Dec. 2023 .

Vassilico Cement Works PCL's change in receivables for the fiscal year that ended in Dec. 2023 was €1.8 Mil. It means Vassilico Cement Works PCL's Accounts Receivable declined by €1.8 Mil from Dec. 2022 to Dec. 2023 .

Vassilico Cement Works PCL's Accounts Receivable for the quarter that ended in Dec. 2023 was €10.8 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. Vassilico Cement Works PCL's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vassilico Cement Works PCL's liquidation value for the six months ended in Dec. 2023 was €3.1 Mil.

Vassilico Cement Works PCL Change In Receivables Historical Data

The historical data trend for Vassilico Cement Works PCL'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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Vassilico Cement Works PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.61

0.97

-5.65

1.77

Vassilico Cement Works PCL Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables																2.00	-3.28	-2.37	3.32	-1.55

Vassilico Cement Works PCL 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 €1.8 Mil.

Vassilico Cement Works PCL (CYS:VCW) 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.

Vassilico Cement Works PCL's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.79	/	79.413	*	91
=	24.80

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

Vassilico Cement Works PCL'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)
=	18.181	-	46.818	+	0.75 * 10.79	+	0.5 * 47.332
=	3.1

Vassilico Cement Works PCL Change In Receivables Related Terms

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Vassilico Cement Works PCL (CYS:VCW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Vassilico Cement Works PCL (CYS:VCW) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1A Kyriakos Matsis Avenue, 4th Floor, P.O. Box 22281, Nicosia, CYP, 1082

Website

https://www.vassiliko.com

Vassilico Cement Works PCL is the company whose principal business activities are the production of clinker and cement, which are distributed in the local and international markets. It manages queries for the extraction of raw materials which are used exclusively for the production of cement. The company generates the majority of its revenue from cement products and from the domestic market.

Vassilico Cement Works PCL (CYS:VCW) Headlines

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