CSNVF (Corbion NV) Change In Receivables : $-8 Mil (TTM As of Jun. 2024)

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What is Corbion NV Change In Receivables?

Corbion NV's change in receivables for the quarter that ended in Jun. 2024 was $-25 Mil. It means Corbion NV's Accounts Receivable increased by $25 Mil from Dec. 2023 to Jun. 2024 .

Corbion NV's change in receivables for the fiscal year that ended in Dec. 2023 was $5 Mil. It means Corbion NV's Accounts Receivable declined by $5 Mil from Dec. 2022 to Dec. 2023 .

Corbion NV's Accounts Receivable for the quarter that ended in Jun. 2024 was $217 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. Corbion NV's Days Sales Outstanding for the six months ended in Jun. 2024 was 57.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Corbion NV's liquidation value for the six months ended in Jun. 2024 was $-534 Mil.

Corbion NV Change In Receivables Historical Data

The historical data trend for Corbion NV'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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Corbion NV Change In Receivables Chart

Corbion NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2.89

-13.02

-37.51

-41.31

5.13

Corbion NV Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-44.29	3.07	-12.13	17.34	-25.30

Corbion NV 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 $-8 Mil.

Corbion NV (OTCPK:CSNVF) 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.

Corbion NV's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	217.223	/	685.791	*	91
=	57.81

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

Corbion NV'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)
=	58.988	-	898.17	+	0.75 * 217.223	+	0.5 * 283.638
=	-534

Corbion NV Change In Receivables Related Terms

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Corbion NV Business Description

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CSNVY:USA CRBN:Netherlands CRBNa:UK 0QHL:UK CSUA:Germany

Address

Piet Heinkade 127, Amsterdam, NH, NLD, 1019 GM

Website

https://www.corbion.com

Corbion NV is a Netherlands-based company that produces food ingredients and biobased chemicals. The company's operating segment includes : Sustainable Food Solutions, Lactic Acid & Specialties, Algae Ingredients, and Incubator (together Core), and Non-core. It generates maximum revenue from the Sustainable Food Solutions segment. Geographically, it derives a majority of its revenue from the U.S.