Turtle Beach (FRA:0P1A) Change In Receivables : €8.6 Mil (TTM As of Mar. 2024)

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What is Turtle Beach Change In Receivables?

Turtle Beach's change in receivables for the quarter that ended in Mar. 2024 was €33.0 Mil. It means Turtle Beach's Accounts Receivable declined by €33.0 Mil from Dec. 2023 to Mar. 2024 .

Turtle Beach's change in receivables for the fiscal year that ended in Dec. 2023 was €-5.3 Mil. It means Turtle Beach's Accounts Receivable increased by €5.3 Mil from Dec. 2022 to Dec. 2023 .

Turtle Beach's Accounts Receivable for the quarter that ended in Mar. 2024 was €39.5 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. Turtle Beach's Days Sales Outstanding for the three months ended in Mar. 2024 was 70.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Turtle Beach's liquidation value for the three months ended in Mar. 2024 was €-44.5 Mil.

Turtle Beach Change In Receivables Historical Data

The historical data trend for Turtle Beach'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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Turtle Beach Change In Receivables Chart

Turtle Beach Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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8.94

-1.44

8.57

-4.57

-5.28

Turtle Beach 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															19.22	11.18	-18.85	-16.80	33.05

Turtle Beach 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 €8.6 Mil.

Turtle Beach (FRA:0P1A) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	39.475	/	51.38	*	91
=	70.11

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

Turtle Beach'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)
=	16.391	-	122.51	+	0.75 * 39.475	+	0.5 * 63.969
=	-44.5

Turtle Beach Change In Receivables Related Terms

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Turtle Beach (FRA:0P1A) Business Description

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HEAR:USA 0P1A:Germany

Address

44 South Broadway, 4th Floor, White Plains, NY, USA, 10601

Website

https://corp.turtlebeach.com

Turtle Beach Corp is gaming audio and accessory brand offering a broad selection of gaming headsets for Xbox, PlayStation, and Nintendo consoles, as well as for PC, Mac, and mobile/tablet devices. The company's portfolio includes gaming headsets, PC gaming headsets, PC gaming keyboards, PC gaming mice and other accessories which are distributed internationally in North America, Europe, the Middle East, Africa, Australia, and Asia sold at thousands of storefronts, including retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target and Walmart. Geographically, it generates majority revenue from North America.

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