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Horizon Global's change in receivables for the quarter that ended in Sep. 2022 was $19.0 Mil. It means Horizon Global's Accounts Receivable declined by $19.0 Mil from Jun. 2022 to Sep. 2022 .
Horizon Global's change in receivables for the fiscal year that ended in Dec. 2021 was $2.1 Mil. It means Horizon Global's Accounts Receivable declined by $2.1 Mil from Dec. 2020 to Dec. 2021 .
Horizon Global's Accounts Receivable for the quarter that ended in Sep. 2022 was $75.6 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. Horizon Global's Days Sales Outstanding for the three months ended in Sep. 2022 was 46.31.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Horizon Global's liquidation value for the three months ended in Sep. 2022 was $-383.5 Mil.
The historical data trend for Horizon Global'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.
Horizon Global Annual Data | |||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | ||||||||||
Change In Receivables | Get a 7-Day Free Trial | -9.54 | -22.59 | 19.29 | -12.23 | 2.09 |
Horizon Global Quarterly Data | ||||||||||||||||||||
Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | |
Change In Receivables | Get a 7-Day Free Trial | 18.27 | 14.45 | -16.25 | -6.84 | 18.97 |
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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.3 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.
Horizon Global (NYSE:HZN) 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.
Horizon Global's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 75.6 | / | 148.97 | * | 91 |
= | 46.31 |
2. In Ben Graham's calculation of liquidation value, Horizon Global's accounts receivable are only considered to be worth 75% of book value:
Horizon Global's liquidation value for the quarter that ended in Sep. 2022 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 7.76 | - | 525.72 | + | 0.75 * 75.6 | + | 0.5 * 155.6 |
= | -383.5 |
* 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.
Thank you for viewing the detailed overview of Horizon Global's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Jian James Zhou | officer: Chief Financial Officer | 47912 HALYARD DRIVE, STE.100, PLYMOUTH MI 48170 |
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Dennis E. Richardville | officer: Chief Financial Officer | 47912 HALYARD DRIVE, SUITE 100, PLYMOUTH MI 48170 |
Matthew Joseph Meyer | other: Chief Accounting Officer | 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170 |
Richard J. Jok | officer: Interim Chief Financial Office | 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170 |
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James F Sistek | officer: Chief Administrative Officer | ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111 |
Harry James Wilson | director | VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111 |
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