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American Axle & Mfg Holdings (FRA:AYA) Change In Receivables : €-66 Mil (TTM As of Mar. 2024)


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What is American Axle & Mfg Holdings Change In Receivables?

American Axle & Mfg Holdings's change in receivables for the quarter that ended in Mar. 2024 was €-136 Mil. It means American Axle & Mfg Holdings's Accounts Receivable increased by €136 Mil from Dec. 2023 to Mar. 2024 .

American Axle & Mfg Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was €7 Mil. It means American Axle & Mfg Holdings's Accounts Receivable declined by €7 Mil from Dec. 2022 to Dec. 2023 .

American Axle & Mfg Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was €884 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. American Axle & Mfg Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. American Axle & Mfg Holdings's liquidation value for the three months ended in Mar. 2024 was €-3,055 Mil.


American Axle & Mfg Holdings Change In Receivables Historical Data

The historical data trend for American Axle & Mfg Holdings'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.

American Axle & Mfg Holdings Change In Receivables Chart

American Axle & Mfg Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.51 23.76 20.44 -36.53 6.60

American Axle & Mfg Holdings 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 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 -63.89 -26.77 28.02 68.50 -135.52

American Axle & Mfg Holdings 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 €-66 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.


American Axle & Mfg Holdings  (FRA:AYA) 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.

American Axle & Mfg Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=883.66/1478.348*91
=54.54

2. In Ben Graham's calculation of liquidation value, American Axle & Mfg Holdings's accounts receivable are only considered to be worth 75% of book value:

American Axle & Mfg Holdings'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)
=432.216-4369.724+0.75 * 883.66+0.5 * 438.656
=-3,055

* 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.


American Axle & Mfg Holdings Change In Receivables Related Terms

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American Axle & Mfg Holdings (FRA:AYA) Business Description

Traded in Other Exchanges
Address
One Dauch Drive, Detroit, MI, USA, 48211-1198
American Axle & Mfg Holdings Inc is engaged in manufacturing, engineering, designing and validation of driveline systems and related components and chassis modules for light trucks, SUVs, crossover vehicles, passenger cars, and commercial vehicles. The company's segment includes Driveline and Metal Forming. It generates maximum revenue from the Driveline segment.

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