GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ferrexpo PLC (FRA:FEX) » Definitions » Change In Receivables

Ferrexpo (FRA:FEX) Change In Receivables : €-66.2 Mil (TTM As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Ferrexpo Change In Receivables?

Ferrexpo's change in receivables for the quarter that ended in Dec. 2023 was €-30.6 Mil. It means Ferrexpo's Accounts Receivable increased by €30.6 Mil from Jun. 2023 to Dec. 2023 .

Ferrexpo's change in receivables for the fiscal year that ended in Dec. 2023 was €-66.0 Mil. It means Ferrexpo's Accounts Receivable increased by €66.0 Mil from Dec. 2022 to Dec. 2023 .

Ferrexpo's Accounts Receivable for the quarter that ended in Dec. 2023 was €75.5 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. Ferrexpo's Days Sales Outstanding for the six months ended in Dec. 2023 was 47.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ferrexpo's liquidation value for the six months ended in Dec. 2023 was €40.4 Mil.

Ferrexpo Change In Receivables Historical Data

The historical data trend for Ferrexpo'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.

* Premium members only.

Ferrexpo Change In Receivables Chart

Ferrexpo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.13 -40.72 -91.00 198.49 -65.97

Ferrexpo 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.40 96.96 101.73 -35.57 -30.63

Ferrexpo 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 €-66.2 Mil.

* 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.

Ferrexpo  (FRA:FEX) 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.

Ferrexpo's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=75.488/291.409*91
=47.28

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

Ferrexpo'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)
=105.676-214.294+0.75 * 75.488+0.5 * 184.71
=40.4

* 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.

Ferrexpo Change In Receivables Related Terms

Thank you for viewing the detailed overview of Ferrexpo's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Ferrexpo (FRA:FEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ferrexpo PLC (FRA:FEX) » Definitions » Change In Receivables
Comparable Companies
LSE:ZIOC LSE:VSVS NUE XKRX:005490 BOM:500228 XAMS:MT TSE:5401 NSE:TATASTEEL STLD SHSE:600019 RS TPE:2002 MIC:CHMF X JSE:KIO CLF SZSE:000708 TSE:5411 SHSE:600010 BOM:532286
Traded in Other Exchanges
FEEXF:USA FXPOl:UK FXPO:UK FEX:Germany
Address
55 St. James’s Street, London, GBR, SW1A 1LA
Website
https://www.ferrexpo.com
Ferrexpo PLC is engaged in the mining, processing, and selling of iron ore pellets to the steel industry. It produces blast furnace pellets with iron grade. The company exports all its production to countries in Europe and Asia including Austria, Japan, Germany, South Korea, Slovakia, Turkey, China, as well as other European and Asian countries. It generates the maximum revenue from the Central Europe region.