Acme United (FRA:UT1) Change In Receivables : €0.3 Mil (TTM As of Mar. 2024)

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What is Acme United Change In Receivables?

Acme United's change in receivables for the quarter that ended in Mar. 2024 was €-6.2 Mil. It means Acme United's Accounts Receivable increased by €6.2 Mil from Dec. 2023 to Mar. 2024 .

Acme United's change in receivables for the fiscal year that ended in Dec. 2023 was €5.8 Mil. It means Acme United's Accounts Receivable declined by €5.8 Mil from Dec. 2022 to Dec. 2023 .

Acme United's Accounts Receivable for the quarter that ended in Mar. 2024 was €30.3 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. Acme United's Days Sales Outstanding for the three months ended in Mar. 2024 was 66.91.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Acme United's liquidation value for the three months ended in Mar. 2024 was €-4.3 Mil.

Acme United Change In Receivables Historical Data

The historical data trend for Acme United'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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Acme United Change In Receivables Chart

Acme United Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.71

-1.67

-6.40

1.74

5.80

Acme United 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															-0.62	-6.27	5.52	7.25	-6.23

Acme United 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 €0.3 Mil.

Acme United (FRA:UT1) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	30.329	/	41.36	*	91
=	66.91

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

Acme United'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)
=	2.248	-	55.466	+	0.75 * 30.329	+	0.5 * 52.336
=	-4.3

Acme United Change In Receivables Related Terms

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Acme United (FRA:UT1) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Acme United Corp (FRA:UT1) » Definitions » Change In Receivables

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ACU:USA

Address

1 Waterview Drive, Shelton, CT, USA, 06484

Website

https://www.acmeunited.com

Acme United Corp is a supplier of first aid and medical products and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. Its principal products sold across all segments are first aid kits and medical products, scissors, shears, knives, rulers, pencil sharpeners, and sharpening tools. The Company sells its products to mass market and e-commerce retailers, industrial distributors, wholesale, contract, and retail stationery distributors, office supply superstores, sporting goods stores, and hardware chains. The Company's reportable business segments consist of the United States, Canada, and Europe, out of which a majority of the company's revenue is derived from the United States.

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