Tangiamo Touch Technology AB (FRA:5J70) Change In Receivables : €0.04 Mil (TTM As of Jun. 2024)

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What is Tangiamo Touch Technology AB Change In Receivables?

Tangiamo Touch Technology AB's change in receivables for the quarter that ended in Jun. 2024 was €0.01 Mil. It means Tangiamo Touch Technology AB's Accounts Receivable declined by €0.01 Mil from Mar. 2024 to Jun. 2024 .

Tangiamo Touch Technology AB's change in receivables for the fiscal year that ended in Dec. 2021 was €-0.37 Mil. It means Tangiamo Touch Technology AB's Accounts Receivable increased by €0.37 Mil from Dec. 2020 to Dec. 2021 .

Tangiamo Touch Technology AB's Accounts Receivable for the quarter that ended in Jun. 2024 was €0.01 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. Tangiamo Touch Technology AB's Days Sales Outstanding for the three months ended in Jun. 2024 was 12.40.

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

Tangiamo Touch Technology AB Change In Receivables Historical Data

The historical data trend for Tangiamo Touch Technology 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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Tangiamo Touch Technology AB Change In Receivables Chart

Tangiamo Touch Technology AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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0.03

-0.11

-0.09

-0.37

Tangiamo Touch Technology AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															-0.58	0.04	-	0.03	0.01

Tangiamo Touch Technology 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.04 Mil.

Tangiamo Touch Technology AB (FRA:5J70) 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.

Tangiamo Touch Technology AB's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.014	/	0.103	*	91
=	12.40

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

Tangiamo Touch Technology AB's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.006	-	0.962	+	0.75 * 0.014	+	0.5 * 0.351
=	-0.77

Tangiamo Touch Technology AB Change In Receivables Related Terms

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Tangiamo Touch Technology AB Business Description

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TANGI:Sweden

Address

Marieholmsgatan 10C, Gothenburg, SWE, 415 02

Website

https://www.tangiamo.com

Tangiamo Touch Technology AB designs, develops and manufactures multi-player gaming systems for casinos and arcades, electronic. The company operates in touch technology, electronic table games, and online gaming. Its software allows players to play on the tables from mobiles and tablets, either within the casino.

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