TMM Real Estate Development (FRA:TR61) Change In Receivables: €-6.02 Mil (TTM As of Dec. 2023)

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FRA:TR61 TMM Real Estate Development PLC FRA:TR61
39 GF Score
Price €0.06
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What is TMM Real Estate Development Change In Receivables?

TMM Real Estate Development FRA:TR61 39 Change In Receivables is €-6.02 Mil as of Dec. 2023. GuruFocus rates FRA:TR61 with a GF Score™ of 39/100.

TMM Real Estate Development's change in receivables for the quarter that ended in Dec. 2023 was €-6.02 Mil. It means TMM Real Estate Development's Accounts Receivable increased by €6.02 Mil from Dec. 2022 to Dec. 2023 .

TMM Real Estate Development's change in receivables for the fiscal year that ended in Dec. 2023 was €-6.02 Mil. It means TMM Real Estate Development's Accounts Receivable increased by €6.02 Mil from Dec. 2022 to Dec. 2023 .

TMM Real Estate Development's Accounts Receivable for the quarter that ended in Dec. 2023 was €6.96 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. TMM Real Estate Development's Days Sales Outstanding for the six months ended in Dec. 2023 was 72.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TMM Real Estate Development's liquidation value for the six months ended in Dec. 2023 was €-10.78 Mil.

TMM Real Estate Development  (FRA:TR61) 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.

TMM Real Estate Development's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.959/17.516*91
=72.51

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

TMM Real Estate Development's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.085-18.235+0.75 * 6.959+0.5 * 4.292
=-10.78

* 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.

TMM Real Estate Development Change In Receivables Related Terms

TMM Real Estate Development Change In Receivables Historical Data

* Premium members only.

The historical data trend for TMM Real Estate Development'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.

TMM Real Estate Development Change In Receivables Chart

TMM Real Estate Development 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 -2.06 3.61 0.09 0.40 -6.02

TMM Real Estate Development Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 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 -2.06 3.61 0.09 0.40 -6.02
FRA:TR61
39GF Score
TMM Real Estate Development PLC FRA:TR61
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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TMM Real Estate Development 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 was €-6.02 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-6.02 Mil mean?
TMM Real Estate Development (FRA:TR61) has a Change In Receivables of €-6.02 Mil as of Dec. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for TMM Real Estate Development and its competitors.
Is TMM Real Estate Development's Change In Receivables too high?
TMM Real Estate Development's current Change In Receivables is €-6.02 Mil. Overall, TMM Real Estate Development has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does TMM Real Estate Development's Change In Receivables compare to competitors?
TMM Real Estate Development's Change In Receivables of €-6.02 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Real Estate company?
A good Change In Receivables depends on the Real Estate industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for TMM Real Estate Development and its competitors. TMM Real Estate Development's current Change In Receivables is €-6.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMM Real Estate Development stock overvalued right now?
TMM Real Estate Development (FRA:TR61) has a current Change In Receivables of €-6.02 Mil. The current Change In Receivables is €-6.02 Mil. TMM Real Estate Development's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For TMM Real Estate Development (FRA:TR61), the current Change In Receivables is €-6.02 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TMM Real Estate Development Business Description

Address 49A, Volodymyrska Street, Kyiv, UKR, 04116
TMM Real Estate Development PLC operates as a real estate development and construction company and develops the construction of residential complexes on a turnkey basis, which covers all complex construction and fine finishing works as well as post-construction utility services for the completed projects. It operates in the following segments: Investment Property; Property Development & Construction; Utility and Management Services; and Air Mobility Solutions. The Investment Property segment leases residential and commercial property owned by the group. The Property Development & Construction segment builds and sells residential and commercial property and renders construction services. The Air Mobility Solutions segment earns the majority of revenue.
39GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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