Team17 Group (FRA:2EC) Change In Receivables : €-0.4 Mil (TTM As of Dec. 2023)

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What is Team17 Group Change In Receivables?

Team17 Group's change in receivables for the quarter that ended in Dec. 2023 was €-11.3 Mil. It means Team17 Group's Accounts Receivable increased by €11.3 Mil from Jun. 2023 to Dec. 2023 .

Team17 Group's change in receivables for the fiscal year that ended in Dec. 2023 was €-0.5 Mil. It means Team17 Group's Accounts Receivable increased by €0.5 Mil from Dec. 2022 to Dec. 2023 .

Team17 Group's Accounts Receivable for the quarter that ended in Dec. 2023 was €13.8 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. Team17 Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 24.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Team17 Group's liquidation value for the six months ended in Dec. 2023 was €-1.8 Mil.

Team17 Group Change In Receivables Historical Data

The historical data trend for Team17 Group'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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Team17 Group Change In Receivables Chart

Team17 Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3.95

-5.42

0.60

-2.18

-0.46

Team17 Group Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial										-5.32	20.69	-22.59	10.88	-11.29

Team17 Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.4 Mil.

Team17 Group (FRA:2EC) 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.

Team17 Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13.83	/	103.792	*	91
=	24.32

2. In Ben Graham's calculation of liquidation value, Team17 Group's accounts receivable are only considered to be worth 75% of book value:

Team17 Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	46.341	-	59.064	+	0.75 * 13.83	+	0.5 * 1.114
=	-1.8

Team17 Group Change In Receivables Related Terms

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Team17 Group (FRA:2EC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Team17 Group PLC (FRA:2EC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

TM17:UK 2EC:Germany

Address

Paragon Business Park, 3 Red Hall Avenue, Wakefield, West Yorkshire, GBR, WF1 2UL

Website

https://www.team17.com

Team17 Group PLC is a video game label and creative partner for independent developers. The company supports both owned first party IP and third-party IP-through partnering with indie developers globally. The company focuses on premium, rather than free to play games, and its portfolio comprises over 90 games, including the iconic and well-established Worms franchise, as well as Overcooked and The Escapists. The company has three reportable segments such as Games Label, Simulation and Edutainment. Games label segment is involved in Developing and publishing video games for the digital and physical market, Simulation segment works on Developing and publishing simulation games for the digital and physical market.

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