Garrett Motion (Garrett Motion) Change In Receivables : $84 Mil (TTM As of Mar. 2024)

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What is Garrett Motion Change In Receivables?

Garrett Motion's change in receivables for the quarter that ended in Mar. 2024 was $6 Mil. It means Garrett Motion's Accounts Receivable declined by $6 Mil from Dec. 2023 to Mar. 2024 .

Garrett Motion's change in receivables for the fiscal year that ended in Dec. 2023 was $1 Mil. It means Garrett Motion's Accounts Receivable declined by $1 Mil from Dec. 2022 to Dec. 2023 .

Garrett Motion's Accounts Receivable for the quarter that ended in Mar. 2024 was $621 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. Garrett Motion's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Garrett Motion's liquidation value for the three months ended in Mar. 2024 was $-2,385 Mil.

Garrett Motion Change In Receivables Historical Data

The historical data trend for Garrett Motion'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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Garrett Motion Change In Receivables Chart

Garrett Motion Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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32.00

-162.00

18.00

-102.00

1.00

Garrett Motion 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															-77.00	8.00	-7.00	77.00	6.00

Garrett Motion 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 $84 Mil.

Garrett Motion (NAS:GTX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	621	/	915	*	91
=	61.93

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

Garrett Motion'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)
=	196	-	3183	+	0.75 * 621	+	0.5 * 272
=	-2,385

Garrett Motion Change In Receivables Related Terms

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Garrett Motion (Garrett Motion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Garrett Motion Inc (NAS:GTX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

G02:Germany

Address

La Piece 16, Rolle, CHE, 1180

Website

https://www.garrettmotion.com

Garrett Motion Inc designs, manufactures and sells engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs) and the vehicle independent aftermarket, as well as automotive software solutions. The company is a technology leader with expertise in delivering products across gasoline, diesel, natural gas and electrified powertrains. The company also sells its technologies in the aftermarket through its distribution network.

Executives

Centerbridge Special Credit Partners Iii-flex, L.p.	10 percent owner	375 PARK AVENUE, 12TH AVENUE, NEW YORK NY 10152
Cyrus Capital Partners, L.p.	10 percent owner	65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Pierre Barthelet	officer: SVP, Marketing & Prod Mgmt	C/O GARRETT MOTION INC., LA PIECE 16, ROLLE V8 1180
Baupost Group Llc/ma	10 percent owner	10 ST JAMES AVE, SUITE 1700, BOSTON MA 02116
Cscp Iii Cayman Gp Ltd.	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Baupost Group Gp, L.l.c.	10 percent owner	10 ST. JAMES AVENUE, SUITE 1700, BOSTON MA 02116
Seth A Klarman	10 percent owner	10 ST JAMES AVENUE, STE 1700, BOSTON MA 02116
Centerbridge Credit Gp Investors, L.l.c.	10 percent owner	375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Centerbridge Special Credit Partners General Partner Iii, L.p.	10 percent owner	375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152
Ccp Iii Cayman Gp Ltd.	10 percent owner	C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Centerbridge Credit Cayman Gp, Ltd.	10 percent owner	C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Centerbridge Credit Partners Master, L.p.	10 percent owner	375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Centerbridge Credit Partners Offshore General Partner, L.p.	10 percent owner	375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Jeffrey Aronson	10 percent owner	375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Kevin Mahony	director	375 PARK AVENUE, NEW YORK NY 10152