SMG European Recovery SPAC SE (FRA:RCVR) Change In Receivables : €1.22 Mil (TTM As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

What is SMG European Recovery SPAC SE Change In Receivables?

SMG European Recovery SPAC SE's change in receivables for the quarter that ended in Jun. 2023 was €1.22 Mil. It means SMG European Recovery SPAC SE's Accounts Receivable declined by €1.22 Mil from Dec. 2022 to Jun. 2023 .

SMG European Recovery SPAC SE's change in receivables for the fiscal year that ended in Dec. 2022 was €0.00 Mil. It means SMG European Recovery SPAC SE's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

SMG European Recovery SPAC SE's Accounts Receivable for the quarter that ended in Jun. 2023 was €0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SMG European Recovery SPAC SE's liquidation value for the six months ended in Jun. 2023 was €-135.99 Mil.

SMG European Recovery SPAC SE Change In Receivables Historical Data

The historical data trend for SMG European Recovery SPAC SE'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.

SMG European Recovery SPAC SE Change In Receivables Chart

SMG European Recovery SPAC SE Annual Data

Trend

Dec21

Dec22

Change In Receivables

SMG European Recovery SPAC SE Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23
Change In Receivables	-0.16	1.49	-	1.22

SMG European Recovery SPAC SE 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €1.22 Mil.

SMG European Recovery SPAC SE (FRA:RCVR) 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.

SMG European Recovery SPAC SE's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

2. In Ben Graham's calculation of liquidation value, SMG European Recovery SPAC SE's accounts receivable are only considered to be worth 75% of book value:

SMG European Recovery SPAC SE's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.014	-	136.007	+	0.75 * 0	+	0.5 * 0
=	-135.99

SMG European Recovery SPAC SE Change In Receivables Related Terms

Thank you for viewing the detailed overview of SMG European Recovery SPAC SE's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

SMG European Recovery SPAC SE (FRA:RCVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SMG European Recovery SPAC SE (FRA:RCVR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

RCVR:Germany

Address

9, rue de Bitbourg, Luxembourg, LUX, L-1273

Website

https://www.smg-spac.com

SMG European Recovery SPAC SE is a special-purpose acquisition company that intends to seek a suitable target for the Business Combination in the real estate-related hospitality sector with a focus on the sub-sector lodging and leisure.

SMG European Recovery SPAC SE (FRA:RCVR) Headlines

No Headlines