Symrise AG (WBO:SY1) Change In Receivables : €-34 Mil (TTM As of Dec. 2023)

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What is Symrise AG Change In Receivables?

Symrise AG's change in receivables for the quarter that ended in Dec. 2023 was €76 Mil. It means Symrise AG's Accounts Receivable declined by €76 Mil from Jun. 2023 to Dec. 2023 .

Symrise AG's change in receivables for the fiscal year that ended in Dec. 2023 was €-34 Mil. It means Symrise AG's Accounts Receivable increased by €34 Mil from Dec. 2022 to Dec. 2023 .

Symrise AG's Accounts Receivable for the quarter that ended in Dec. 2023 was €868 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. Symrise AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 68.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Symrise AG's liquidation value for the six months ended in Dec. 2023 was €-2,487 Mil.

Symrise AG Change In Receivables Historical Data

The historical data trend for Symrise AG'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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Symrise AG Change In Receivables Chart

Symrise AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-11.56

-7.16

-98.50

-94.85

-34.34

Symrise AG 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															63.77	-148.66	53.81	-109.98	75.64

Symrise AG 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 €-34 Mil.

Symrise AG (WBO:SY1) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	868.305	/	2316.473	*	91
=	68.41

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

Symrise AG'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)
=	393.026	-	4159.413	+	0.75 * 868.305	+	0.5 * 1255.845
=	-2,487

Symrise AG Change In Receivables Related Terms

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Symrise AG (WBO:SY1) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Symrise AG (WBO:SY1) » Definitions » Change In Receivables

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Traded in Other Exchanges

SYIEY:USA SYIEF:USA SY1:Mexico SY1d:UK 0G6T:UK SY1:Germany

Address

Muhlenfeldstrasse 1, Holzminden, ST, DEU, 37603

Website

https://www.symrise.com

Symrise is a global supplier of ingredients for fragrances and flavourings across the food, beverage, household products, and pharmaceutical industries. With an estimated 12% market share, it is the world's fourth-largest supplier of fragrances and flavourings. The company was created after a 2003 merger of two companies that originated in 1874 and 1919. With 9,000 employees, Symrise produces 30,000 products sourced from 10,000 mostly natural raw materials such as vanilla, citrus, blossoms, and plant or animal materials for more than 6,000 customers.

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