Nilorngruppen AB (FRA:1GG) Change In Receivables : €-2.91 Mil (TTM As of Mar. 2024)

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What is Nilorngruppen AB Change In Receivables?

Nilorngruppen AB's change in receivables for the quarter that ended in Mar. 2024 was €-3.73 Mil. It means Nilorngruppen AB's Accounts Receivable increased by €3.73 Mil from Dec. 2023 to Mar. 2024 .

Nilorngruppen AB's change in receivables for the fiscal year that ended in Dec. 2023 was €-2.03 Mil. It means Nilorngruppen AB's Accounts Receivable increased by €2.03 Mil from Dec. 2022 to Dec. 2023 .

Nilorngruppen AB's Accounts Receivable for the quarter that ended in Mar. 2024 was €13.02 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. Nilorngruppen AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nilorngruppen AB's liquidation value for the three months ended in Mar. 2024 was €-0.77 Mil.

Nilorngruppen AB Change In Receivables Historical Data

The historical data trend for Nilorngruppen AB'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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Nilorngruppen AB Change In Receivables Chart

Nilorngruppen AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.68

-1.35

-3.37

1.39

-2.03

Nilorngruppen AB 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															-2.82	-0.55	-0.01	1.38	-3.73

Nilorngruppen AB 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 €-2.91 Mil.

Nilorngruppen AB (FRA:1GG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.018	/	21.414	*	91
=	55.47

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

Nilorngruppen AB'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)
=	7.004	-	24.877	+	0.75 * 13.018	+	0.5 * 14.684
=	-0.77

Nilorngruppen AB Change In Receivables Related Terms

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Nilorngruppen AB (FRA:1GG) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nilorngruppen AB (FRA:1GG) » Definitions » Change In Receivables

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NIL B:Sweden

Address

Wieslanders vag 3, Box 499, Boras, SWE, 501 13

Website

https://www.nilorn.com

Nilorngruppen AB is a Sweden-based company engaged in the branding, designing, manufacturing, and sale of labels, packaging products, and accessories for clients in the fashion and apparel sector. Its product portfolio consists of Trims, Packaging, and Information labels. Its revenue comes from the information Labels labels product range includes woven labels, printed textile labels, printed hanging labels, and flossed labels. Geographically, the segments of the company are the Nordic region, Other Europe, and Asia, of which key revenue is derived from the operations in the Asian countries. It has a business presence in Sweden, Norway, Finland, Denmark, Germany, Belgium, Italy, Switzerland, France, India, Bangladesh, China, and Pakistan.

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