Strattec Security (FRA:SS8) Change In Receivables : €-12.6 Mil (TTM As of Mar. 2024)

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What is Strattec Security Change In Receivables?

Strattec Security's change in receivables for the quarter that ended in Mar. 2024 was €-24.6 Mil. It means Strattec Security's Accounts Receivable increased by €24.6 Mil from Dec. 2023 to Mar. 2024 .

Strattec Security's change in receivables for the fiscal year that ended in Jun. 2023 was €-12.6 Mil. It means Strattec Security's Accounts Receivable increased by €12.6 Mil from Jun. 2022 to Jun. 2023 .

Strattec Security's Accounts Receivable for the quarter that ended in Mar. 2024 was €89.7 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. Strattec Security's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Strattec Security's liquidation value for the three months ended in Mar. 2024 was €-5.9 Mil.

Strattec Security Change In Receivables Historical Data

The historical data trend for Strattec Security'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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Strattec Security Change In Receivables Chart

Strattec Security Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-9.20

37.29

-23.03

-5.62

-12.64

Strattec Security 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															-9.61	-5.64	2.19	15.45	-24.55

Strattec Security 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 €-12.6 Mil.

Strattec Security (FRA:SS8) 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.

Strattec Security's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	89.722	/	129.511	*	91
=	63.22

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

Strattec Security'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)
=	8.826	-	118.16	+	0.75 * 89.722	+	0.5 * 72.323
=	-5.9

Strattec Security Change In Receivables Related Terms

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Strattec Security (FRA:SS8) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strattec Security Corp (FRA:SS8) » Definitions » Change In Receivables

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Traded in Other Exchanges

STRT:USA SS8:Germany

Address

3333 West Good Hope Road, Milwaukee, WI, USA, 53209

Website

https://www.strattec.com

Strattec Security Corp designs develops, manufactures and markets mechanical locks, electronically enhanced locks and keys. It also produces ignition lock housings; access control products, including latches, power sliding door systems, and door handles. Strattec ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and provides full-service aftermarket support. Strattec also supplies products for the heavy truck and recreational vehicle markets, as well as precision, die castings.

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