Cyprus Trading (CYS:CTC) Change In Receivables : €-1.2 Mil (TTM As of Jun. 2024)

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What is Cyprus Trading Change In Receivables?

Cyprus Trading's change in receivables for the quarter that ended in Jun. 2024 was €1.8 Mil. It means Cyprus Trading's Accounts Receivable declined by €1.8 Mil from Dec. 2023 to Jun. 2024 .

Cyprus Trading's change in receivables for the fiscal year that ended in Dec. 2023 was €-3.4 Mil. It means Cyprus Trading's Accounts Receivable increased by €3.4 Mil from Dec. 2022 to Dec. 2023 .

Cyprus Trading's Accounts Receivable for the quarter that ended in Jun. 2024 was €18.1 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. Cyprus Trading's Days Sales Outstanding for the six months ended in Jun. 2024 was 18.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cyprus Trading's liquidation value for the six months ended in Jun. 2024 was €-299.7 Mil.

Cyprus Trading Change In Receivables Historical Data

The historical data trend for Cyprus Trading'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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Cyprus Trading Change In Receivables Chart

Cyprus Trading Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-12.34

5.89

-0.65

1.30

-3.39

Cyprus Trading 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															3.39	-2.09	-0.38	-3.01	1.77

Cyprus Trading 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 €-1.2 Mil.

Cyprus Trading (CYS:CTC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	18.076	/	183.199	*	91
=	18.01

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

Cyprus Trading'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)
=	2.816	-	352.683	+	0.75 * 18.076	+	0.5 * 73.148
=	-299.7

Cyprus Trading Change In Receivables Related Terms

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Cyprus Trading Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cyprus Trading Corporation PLC (CYS:CTC) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Old Nicosia-Limassol Road, P.O.Box 21744, Athalassa, 200, Lemesos Avenue, Shacolas House, 2025 Strovolos, Nicosia, CYP, 1589

Website

https://www.ctcgroup.com

Cyprus Trading Corporation PLC is a holding company. It owns and controls a number of companies, each specializing in a specific industry. The company's five main business sectors include Distribution and Logistics, Retail, Automotive & Engineering, Property development & management, and Infrastructure.

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