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Trade Estates Real Estate Investment Co (ATH:TRESTATES) Change In Receivables : €4.96 Mil (TTM As of Jun. 2024)


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What is Trade Estates Real Estate Investment Co Change In Receivables?

Trade Estates Real Estate Investment Co's change in receivables for the quarter that ended in Jun. 2024 was €6.24 Mil. It means Trade Estates Real Estate Investment Co's Accounts Receivable declined by €6.24 Mil from Dec. 2023 to Jun. 2024 .

Trade Estates Real Estate Investment Co's change in receivables for the fiscal year that ended in Dec. 2023 was €-1.44 Mil. It means Trade Estates Real Estate Investment Co's Accounts Receivable increased by €1.44 Mil from Dec. 2022 to Dec. 2023 .

Trade Estates Real Estate Investment Co's Accounts Receivable for the quarter that ended in Jun. 2024 was €2.40 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. Trade Estates Real Estate Investment Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 21.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trade Estates Real Estate Investment Co's liquidation value for the six months ended in Jun. 2024 was €-225.92 Mil.

Trade Estates Real Estate Investment Co Change In Receivables Historical Data

The historical data trend for Trade Estates 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.

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Trade Estates Real Estate Investment Co Change In Receivables Chart

Trade Estates Real Estate Investment Co Annual Data
Trend Dec21 Dec22 Dec23
Change In Receivables
- -2.65 -1.44

Trade Estates Real Estate Investment Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Change In Receivables -2.83 0.18 -0.16 -1.28 6.24

Trade Estates 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.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €4.96 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.

Trade Estates Real Estate Investment Co  (ATH:TRESTATES) 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.

Trade Estates Real Estate Investment Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.396/20.187*91
=21.66

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

Trade Estates Real Estate Investment Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=25.813-253.533+0.75 * 2.396+0.5 * 0
=-225.92

* 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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Trade Estates Real Estate Investment Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Trade Estates Real Estate Investment Co (ATH:TRESTATES) » Definitions » Change In Receivables
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ATH:BRIQ ARE BXP VNO XPAR:GFC TSE:8951 XMAD:MRL CUZ TSE:8952 KRC SLG SGX:N2IU ASX:DXS BOM:542602 SGX:AJBU CDP XMAD:COL XPAR:FLY HIW DEI
Traded in Other Exchanges
N/A
Address
3 Ch. Sabag - S, Khouri, Marousi, Athens, GRC, 15125
Website
https://www.trade-estates.com
Trade Estates Real Estate Investment Co is engaged in acquisition and management of real estate property, the right to purchase property by preliminary agreement and in general the carrying out investments. It operates in real estate investments both in Greece and abroad, such as in Cyprus and Bulgaria.

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