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Norbit ASA (FRA:4NK) Change In Receivables : €-6.9 Mil (TTM As of Dec. 2024)


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What is Norbit ASA Change In Receivables?

Norbit ASA's change in receivables for the quarter that ended in Dec. 2024 was €-6.8 Mil. It means Norbit ASA's Accounts Receivable increased by €6.8 Mil from Sep. 2024 to Dec. 2024 .

Norbit ASA's change in receivables for the fiscal year that ended in Dec. 2024 was €-6.9 Mil. It means Norbit ASA's Accounts Receivable increased by €6.9 Mil from Dec. 2023 to Dec. 2024 .

Norbit ASA's Accounts Receivable for the quarter that ended in Dec. 2024 was €23.3 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. Norbit ASA's Days Sales Outstanding for the three months ended in Dec. 2024 was 44.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Norbit ASA's liquidation value for the three months ended in Dec. 2024 was €-36.0 Mil.


Norbit ASA Change In Receivables Historical Data

The historical data trend for Norbit ASA'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.

* Premium members only.

Norbit ASA Change In Receivables Chart

Norbit ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.69 -2.45 -1.05 0.15 -6.86

Norbit ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 -0.20 -0.81 0.89 -6.78

Norbit ASA 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-6.9 Mil.

* 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.


Norbit ASA  (FRA:4NK) 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.

Norbit ASA's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23.27/47.331*91
=44.86

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

Norbit ASA's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=15.499-87.402+0.75 * 23.27+0.5 * 36.999
=-36.0

* 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.


Norbit ASA Change In Receivables Related Terms

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Norbit ASA Business Description

Industry
Traded in Other Exchanges
Address
Stiklestadveien 1, Trondheim, NOR, NO-7041
Norbit ASA is l provider of tailored technology to selected applications by solving challenges through solutions. It operates in three segments namely, the Oceans segment which delivers tailored technology and solutions to the maritime markets, Connectivity (ITS) segment which offers tailored connectivity solutions based on short-range communication technology to intelligent traffic systems and truck applications, and The Product, Innovation & Realization (PIR) segment offers R&D services and contract manufacturing services to key customers. It has manufacturing facilities in Selbu and Roros. It derives maximum revenue from Oceans Segment.

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