Expro Group Holdings NV (FRA:FK2) Change In Receivables : €-62 Mil (TTM As of Sep. 2024)

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What is Expro Group Holdings NV Change In Receivables?

Expro Group Holdings NV's change in receivables for the quarter that ended in Sep. 2024 was €5 Mil. It means Expro Group Holdings NV's Accounts Receivable declined by €5 Mil from Jun. 2024 to Sep. 2024 .

Expro Group Holdings NV's change in receivables for the fiscal year that ended in Dec. 2023 was €-32 Mil. It means Expro Group Holdings NV's Accounts Receivable increased by €32 Mil from Dec. 2022 to Dec. 2023 .

Expro Group Holdings NV's Accounts Receivable for the quarter that ended in Sep. 2024 was €480 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. Expro Group Holdings NV's Days Sales Outstanding for the three months ended in Sep. 2024 was 114.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Expro Group Holdings NV's liquidation value for the three months ended in Sep. 2024 was €-185 Mil.

Expro Group Holdings NV Change In Receivables Historical Data

The historical data trend for Expro Group Holdings NV'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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Expro Group Holdings NV Change In Receivables Chart

Expro Group Holdings NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-21.76

31.64

-17.93

-92.28

-32.00

Expro Group Holdings NV Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial												18.93	-34.93	26.99	-58.61	4.58

Expro Group Holdings NV 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-62 Mil.

Expro Group Holdings NV (FRA:FK2) 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.

Expro Group Holdings NV's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	479.755	/	380.968	*	91
=	114.91

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

Expro Group Holdings NV's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	149.262	-	775.122	+	0.75 * 479.755	+	0.5 * 161.584
=	-185

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Expro Group Holdings NV Business Description

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XPRO:USA

Address

1311 Broadfield Boulevard, Suite 400, Houston, TX, USA, 77084

Website

https://www.expro.com

Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.

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