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AZ Electronic Materials (FRA:OAZ) Change In Receivables : €10.0 Mil (TTM As of Dec. 2013)


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What is AZ Electronic Materials Change In Receivables?

AZ Electronic Materials's change in receivables for the quarter that ended in Dec. 2013 was €3.1 Mil. It means AZ Electronic Materials's Accounts Receivable declined by €3.1 Mil from Jun. 2013 to Dec. 2013 .

AZ Electronic Materials's change in receivables for the fiscal year that ended in Dec. 2013 was €9.8 Mil. It means AZ Electronic Materials's Accounts Receivable declined by €9.8 Mil from Dec. 2012 to Dec. 2013 .

AZ Electronic Materials's Accounts Receivable for the quarter that ended in Dec. 2013 was €86.7 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. AZ Electronic Materials's Days Sales Outstanding for the six months ended in Dec. 2013 was 59.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AZ Electronic Materials's liquidation value for the six months ended in Dec. 2013 was €-328.7 Mil.


AZ Electronic Materials Change In Receivables Historical Data

The historical data trend for AZ Electronic Materials'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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AZ Electronic Materials Change In Receivables Chart

AZ Electronic Materials Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Change In Receivables
-15.75 -7.18 -3.27 -5.49 9.78

AZ Electronic Materials Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Change In Receivables Get a 7-Day Free Trial - 0.56 -6.02 6.90 3.14

AZ Electronic Materials 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. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was €10.0 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.


AZ Electronic Materials  (FRA:OAZ) 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.

AZ Electronic Materials's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=86.651/267.618*91
=59.09

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

AZ Electronic Materials's liquidation value for the quarter that ended in Dec. 2013 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=80.008-500.926+0.75 * 86.651+0.5 * 54.385
=-328.7

* 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.


AZ Electronic Materials Change In Receivables Related Terms

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AZ Electronic Materials (FRA:OAZ) Business Description

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AZ Electronic Materials SA is a Luxembourg- based company engaged in producing and supplying specialty chemicals. It focuses on three business areas Integrated Circuits which involves dielectrics, underlayers, yield enhancers, CMP slurries and pattern enhancers, Display Materials and AZ products such as specialty chemicals and materials used in integrated circuits and devise as well as flat panel displays and photolithographic printing.

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