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Black Sea Property (AQSE:BSP) Change In Receivables : €-1.45 Mil (TTM As of Dec. 2022)


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What is Black Sea Property Change In Receivables?

Black Sea Property's change in receivables for the quarter that ended in Dec. 2022 was €-1.20 Mil. It means Black Sea Property's Accounts Receivable increased by €1.20 Mil from Jun. 2022 to Dec. 2022 .

Black Sea Property's change in receivables for the fiscal year that ended in Dec. 2022 was €-1.45 Mil. It means Black Sea Property's Accounts Receivable increased by €1.45 Mil from Dec. 2021 to Dec. 2022 .

Black Sea Property's Accounts Receivable for the quarter that ended in Dec. 2022 was €1.80 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. Black Sea Property's Days Sales Outstanding for the six months ended in Dec. 2022 was 326.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Black Sea Property's liquidation value for the six months ended in Dec. 2022 was €-24.69 Mil.


Black Sea Property Change In Receivables Historical Data

The historical data trend for Black Sea Property'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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Black Sea Property Change In Receivables Chart

Black Sea Property Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial -0.63 -0.66 0.20 -0.24 -1.45

Black Sea Property Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.20 0.02 -0.26 -0.26 -1.20

Black Sea Property 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.45 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.


Black Sea Property  (AQSE:BSP) 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.

Black Sea Property's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.799/1.007*91
=326.04

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

Black Sea Property's liquidation value for the quarter that ended in Dec. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.239-26.277+0.75 * 1.799+0.5 * 0
=-24.69

* 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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Black Sea Property (AQSE:BSP) Business Description

Traded in Other Exchanges
N/A
Address
Victory House, Prospect Hill, 6th Floor, Douglas, IMN, IM1 1EQ
Black Sea Property PLC is a real estate company focused on investments in Bulgaria. It seeks to generate capital gains through development, financing and sale of property in Bulgaria, including the prime areas of Bulgaria's Black Sea coast, the ski resorts and the capital, Sofia. The Board is seeking to create a diverse portfolio of opportunistic and value-added Bulgarian real estate assets, including development land, partially completed construction projects and completed buildings.

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