Techtronic Industries Co (Techtronic Industries Co) Change In Receivables : $-130 Mil (TTM As of Dec. 2023)

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What is Techtronic Industries Co Change In Receivables?

Techtronic Industries Co's change in receivables for the quarter that ended in Dec. 2023 was $247 Mil. It means Techtronic Industries Co's Accounts Receivable declined by $247 Mil from Jun. 2023 to Dec. 2023 .

Techtronic Industries Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-130 Mil. It means Techtronic Industries Co's Accounts Receivable increased by $130 Mil from Dec. 2022 to Dec. 2023 .

Techtronic Industries Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,706 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. Techtronic Industries Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Techtronic Industries Co's liquidation value for the six months ended in Dec. 2023 was $-2,346 Mil.

Techtronic Industries Co Change In Receivables Historical Data

The historical data trend for Techtronic Industries Co'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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Techtronic Industries Co Change In Receivables Chart

Techtronic Industries Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-152.01

-118.37

-700.33

121.74

-129.91

Techtronic Industries Co 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															-91.11	-405.30	527.03	-376.95	247.04

Techtronic Industries Co 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 $-130 Mil.

Techtronic Industries Co (OTCPK:TTNDF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1706.406	/	6851.947	*	91
=	45.45

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

Techtronic Industries Co'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)
=	979.354	-	6654.433	+	0.75 * 1706.406	+	0.5 * 4098.161
=	-2,346

Techtronic Industries Co Change In Receivables Related Terms

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Techtronic Industries Co (Techtronic Industries Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Techtronic Industries Co Ltd (OTCPK:TTNDF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

TTNDY:USA 00669:Hong Kong TIB1:Germany TIB1:Germany

Address

51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.ttigroup.com

Techtronic Industries Co Ltd is a designer and manufacturer of power tools. It operates in two segments namely Power Equipment and Floorcare and Cleaning. The company generates maximum revenue from the Power Equipment segment. Its Power Equipment segment includes sales of power tools, power tool accessories, outdoor products, and outdoor product accessories for consumer, trade, professional and industrial users. The products are available under the MILWAUKEE, EMPIRE, AEG, RYOBI and HOMELITE brands plus original equipment manufacturer (OEM) customers. Geographically, it derives a majority of its revenue from North America.