Smartfit Escola DE Ginastica E Danca (BSP:SMFT14) Change In Receivables : R$-201.21 Mil (TTM As of Mar. 2024)

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What is Smartfit Escola DE Ginastica E Danca Change In Receivables?

Smartfit Escola DE Ginastica E Danca's change in receivables for the quarter that ended in Mar. 2024 was R$-176.36 Mil. It means Smartfit Escola DE Ginastica E Danca's Accounts Receivable increased by R$176.36 Mil from Dec. 2023 to Mar. 2024 .

Smartfit Escola DE Ginastica E Danca's change in receivables for the fiscal year that ended in Dec. 2023 was R$-85.69 Mil. It means Smartfit Escola DE Ginastica E Danca's Accounts Receivable increased by R$85.69 Mil from Dec. 2022 to Dec. 2023 .

Smartfit Escola DE Ginastica E Danca's Accounts Receivable for the quarter that ended in Mar. 2024 was R$448.63 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. Smartfit Escola DE Ginastica E Danca's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Smartfit Escola DE Ginastica E Danca's liquidation value for the three months ended in Mar. 2024 was R$-6,779.93 Mil.

Smartfit Escola DE Ginastica E Danca Change In Receivables Historical Data

The historical data trend for Smartfit Escola DE Ginastica E Danca'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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Smartfit Escola DE Ginastica E Danca Change In Receivables Chart

Smartfit Escola DE Ginastica E Danca Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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63.02

-34.61

-112.94

-173.31

-85.69

Smartfit Escola DE Ginastica E Danca Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-60.85	-45.02	-32.17	52.34	-176.36

Smartfit Escola DE Ginastica E Danca 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-201.21 Mil.

Smartfit Escola DE Ginastica E Danca (BSP:SMFT14) 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.

Smartfit Escola DE Ginastica E Danca's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	448.632	/	1259.888	*	91
=	32.49

2. In Ben Graham's calculation of liquidation value, Smartfit Escola DE Ginastica E Danca's accounts receivable are only considered to be worth 75% of book value:

Smartfit Escola DE Ginastica E Danca's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2337.379	-	9453.783	+	0.75 * 448.632	+	0.5 * 0
=	-6,779.93

Smartfit Escola DE Ginastica E Danca Change In Receivables Related Terms

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Smartfit Escola DE Ginastica E Danca (BSP:SMFT14) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Smartfit Escola DE Ginastica E Danca SA (BSP:SMFT14) » Definitions » Change In Receivables

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Traded in Other Exchanges

SMFT3:Brazil

Address

Rua Lelio Gama 104 - 38 Floor, 2nd Floor, Rio de Janeiro, RJ, BRA, 20031080

Website

https://www.smartfit.com.br

Smartfit Escola DE Ginastica E Danca SA is a fitness club. The company provides physical conditioning services through gymnasiums, bodybuilding, dancing and swimming. Facilities offered by the company include SmartBox, free weight, gym classes, bicycles, smart bike, fitness equipment, and a running machine, among others. The Company is present in fourteen countries, namely Brazil, Mexico, Colombia, Chile, Peru, Argentina, Paraguay, Panama, Costa Rica, Dominican Republic, Ecuador, Guatemala, El Salvador, and Honduras, operating in the HVLP segment with the brand Smart Fit, in the Premium segment with the brand Bio Ritmo, and in the digital fitness segment.

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