Electrolux AB (Electrolux AB) Change In Receivables : $-39 Mil (TTM As of Mar. 2024)

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What is Electrolux AB Change In Receivables?

Electrolux AB's change in receivables for the quarter that ended in Mar. 2024 was $32 Mil. It means Electrolux AB's Accounts Receivable declined by $32 Mil from Dec. 2023 to Mar. 2024 .

Electrolux AB's change in receivables for the fiscal year that ended in Dec. 2023 was $-150 Mil. It means Electrolux AB's Accounts Receivable increased by $150 Mil from Dec. 2022 to Dec. 2023 .

Electrolux AB's Accounts Receivable for the quarter that ended in Mar. 2024 was $2,174 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. Electrolux AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 66.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Electrolux AB's liquidation value for the three months ended in Mar. 2024 was $-6,765 Mil.

Electrolux AB Change In Receivables Historical Data

The historical data trend for Electrolux AB'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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Electrolux AB Change In Receivables Chart

Electrolux AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-64.04

-287.09

-247.87

392.56

-150.43

Electrolux AB Quarterly Data
	Jun19	Sep19	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															-78.75	73.92	-42.67	-101.49	31.70

Electrolux AB 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 $-39 Mil.

Electrolux AB (OTCPK:ELRXF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2174.272	/	2984.93	*	91
=	66.47

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

Electrolux AB'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)
=	1358.524	-	10783.091	+	0.75 * 2174.272	+	0.5 * 2058.725
=	-6,765

Electrolux AB Change In Receivables Related Terms

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Electrolux AB (Electrolux AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Electrolux AB (OTCPK:ELRXF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ELUXY:USA ELUX B:Sweden ELUX A:Sweden ELUXBs:UK 0MDT:UK ELXC:Germany

Address

Street Goransgatan 143, Stadshagen, Stockholm, SWE, SE-105 45

Website

https://www.electroluxgroup.com

Electrolux AB is a Sweden-based company that is principally engaged in manufacturing home appliances and appliances for professional use. Its products are categorized into kitchen products, laundry products, small appliances, professional kitchen products, professional laundry products, and adjacent products, with kitchen products accounting for more than half of total revenue. The company's brands include Electrolux, AEG, Zanussi, Frigidaire, and Electrolux Grand Cuisine. The company has a business presence, including North America, Europe, Latin America, Africa, the Middle East, and Asia, with North America and Europe jointly contributing over half of the total revenue.