Logicom Public (CYS:LOG) Change In Receivables : €-2 Mil (TTM As of Mar. 2024)

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What is Logicom Public Change In Receivables?

Logicom Public's change in receivables for the quarter that ended in Mar. 2024 was €25 Mil. It means Logicom Public's Accounts Receivable declined by €25 Mil from Dec. 2023 to Mar. 2024 .

Logicom Public's change in receivables for the fiscal year that ended in Dec. 2023 was €-58 Mil. It means Logicom Public's Accounts Receivable increased by €58 Mil from Dec. 2022 to Dec. 2023 .

Logicom Public's Accounts Receivable for the quarter that ended in Mar. 2024 was €311 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. Logicom Public's Days Sales Outstanding for the three months ended in Mar. 2024 was 94.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Logicom Public's liquidation value for the three months ended in Mar. 2024 was €-45 Mil.

Logicom Public Change In Receivables Historical Data

The historical data trend for Logicom Public'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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Logicom Public Change In Receivables Chart

Logicom Public Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-28.30

16.08

-50.95

-42.35

-58.09

Logicom Public 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															-30.71	-13.20	-3.92	-10.27	24.91

Logicom Public 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 €-2 Mil.

Logicom Public (CYS:LOG) 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.

Logicom Public's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	310.725	/	299.115	*	91
=	94.79

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

Logicom Public'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)
=	50.68	-	374.648	+	0.75 * 310.725	+	0.5 * 92.51
=	-45

Logicom Public Change In Receivables Related Terms

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Logicom Public (CYS:LOG) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Logicom Public Ltd (CYS:LOG) » Definitions » Change In Receivables

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Address

Stasinou 26, Ayia Paraskevi Strovolos, Nicosia, CYP, 2003

Website

https://www.lgcom.net

Logicom Public Ltd is engaged in the distribution of technology products and services. In addition, it is also involved in the provision of integrated information technology networking, telecom, and business software solutions, and the execution of infrastructure projects in the areas of water, power, and gas. The company operates through two segments namely the Distribution segment and the Services segment. The Distribution segment includes the distribution of its technology products in the European, United Arab Emirates, and Saudi Arabia markets. The Services segment operates in the provision of solutions and services for networks and telecommunications, and software to customers in Cyprus and abroad.

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