Noval Property Real Estate Investment Co (ATH:NOVAL) Change In Receivables : €-2.71 Mil (TTM As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Noval Property Real Estate Investment Co Change In Receivables?

Noval Property Real Estate Investment Co's change in receivables for the quarter that ended in Dec. 2023 was €-2.71 Mil. It means Noval Property Real Estate Investment Co's Accounts Receivable increased by €2.71 Mil from Dec. 2022 to Dec. 2023 .

Noval Property Real Estate Investment Co's change in receivables for the fiscal year that ended in Dec. 2023 was €-2.71 Mil. It means Noval Property Real Estate Investment Co's Accounts Receivable increased by €2.71 Mil from Dec. 2022 to Dec. 2023 .

Noval Property Real Estate Investment Co's Accounts Receivable for the quarter that ended in Dec. 2023 was €0.61 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. Noval Property Real Estate Investment Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 3.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Noval Property Real Estate Investment Co's liquidation value for the six months ended in Dec. 2023 was €-167.81 Mil.

Noval Property Real Estate Investment Co Change In Receivables Historical Data

The historical data trend for Noval Property Real Estate Investment 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.

* Premium members only.

Noval Property Real Estate Investment Co Change In Receivables Chart

Noval Property Real Estate Investment Co Annual Data

Trend

Dec21

Dec22

Dec23

Change In Receivables

2.80

1.42

-2.71

Noval Property Real Estate Investment Co Semi-Annual Data
	Dec21	Dec22	Dec23
Change In Receivables	2.80	1.42	-2.71

Noval Property Real Estate Investment 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 was €-2.71 Mil.

Noval Property Real Estate Investment Co (ATH:NOVAL) 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.

Noval Property Real Estate Investment 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
=	0.612	/	29.339	*	91
=	3.81

2. In Ben Graham's calculation of liquidation value, Noval Property Real Estate Investment Co's accounts receivable are only considered to be worth 75% of book value:

Noval Property Real Estate Investment 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)
=	74.578	-	242.848	+	0.75 * 0.612	+	0.5 * 0
=	-167.81

Noval Property Real Estate Investment Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Noval Property Real Estate Investment Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Noval Property Real Estate Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Noval Property Real Estate Investment Co (ATH:NOVAL) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

Leof. Mesogeion 2-4, Athens, GRC, 115 27

Website

Noval Property Real Estate Investment Co is a well-diversified Real Estate Investment Company that aims to offer investors capital growth potential and attractive dividend yield. It has been sourcing, evaluating and acquiring attractive investment opportunities primarily in the Greek real estate market, employing both core and value-add strategies in addition to development projects.

Noval Property Real Estate Investment Co Headlines

No Headlines