OXE Marine AB (FRA:5LK) Change In Receivables : €-0.58 Mil (TTM As of Mar. 2024)

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What is OXE Marine AB Change In Receivables?

OXE Marine AB's change in receivables for the quarter that ended in Mar. 2024 was €-0.19 Mil. It means OXE Marine AB's Accounts Receivable increased by €0.19 Mil from Dec. 2023 to Mar. 2024 .

OXE Marine AB's change in receivables for the fiscal year that ended in Dec. 2023 was €-0.85 Mil. It means OXE Marine AB's Accounts Receivable increased by €0.85 Mil from Dec. 2022 to Dec. 2023 .

OXE Marine AB's Accounts Receivable for the quarter that ended in Mar. 2024 was €2.80 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. OXE Marine AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OXE Marine AB's liquidation value for the three months ended in Mar. 2024 was €-21.10 Mil.

OXE Marine AB Change In Receivables Historical Data

The historical data trend for OXE Marine 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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OXE Marine AB Change In Receivables Chart

OXE Marine AB Annual Data

Trend

Dec15

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Dec23

Change In Receivables

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0.04

-0.85

OXE Marine 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															-0.30	-1.15	-0.35	1.12	-0.19

OXE Marine 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 €-0.58 Mil.

OXE Marine AB (FRA:5LK) 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.

OXE Marine 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
=	2.803	/	3.465	*	91
=	73.82

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

OXE Marine 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)
=	1.381	-	29.411	+	0.75 * 2.803	+	0.5 * 9.651
=	-21.10

OXE Marine AB Change In Receivables Related Terms

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OXE Marine AB (FRA:5LK) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » OXE Marine AB (FRA:5LK) » Definitions » Change In Receivables

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CMMCF:USA OXE:Sweden

Address

Metallgatan 6, Angelholm, Helsingborg, SWE, SE-262 72

Website

https://www.oxemarine.com

OXE Marine AB designs and builds commercial diesel outboards named OXE Diesel. The company's product range includes OXE 150, OXE 175, OXE 200, OXE 300, OXE KRETA, and its accessories. The OXE Diesel offers solutions for governmental, oil and gas, search and rescue, and large commercial applications, also for small craft fishermen and fish farmers, survey, tourism, yacht tender, taxi and pilot operations - all applications where range, load-carrying performance, and running costs are significant factors.

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