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TAG Immobilien AG (HAM:TEG) Change In Receivables : €155 Mil (TTM As of Mar. 2024)


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What is TAG Immobilien AG Change In Receivables?

TAG Immobilien AG's change in receivables for the quarter that ended in Mar. 2024 was €76 Mil. It means TAG Immobilien AG's Accounts Receivable declined by €76 Mil from Dec. 2023 to Mar. 2024 .

TAG Immobilien AG's change in receivables for the fiscal year that ended in Dec. 2023 was €75 Mil. It means TAG Immobilien AG's Accounts Receivable declined by €75 Mil from Dec. 2022 to Dec. 2023 .

TAG Immobilien AG's Accounts Receivable for the quarter that ended in Mar. 2024 was €29 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. TAG Immobilien AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TAG Immobilien AG's liquidation value for the three months ended in Mar. 2024 was €-3,773 Mil.

TAG Immobilien AG Change In Receivables Historical Data

The historical data trend for TAG Immobilien AG'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.

TAG Immobilien AG Change In Receivables Chart

TAG Immobilien AG 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 -13.50 42.70 -22.46 41.38 75.35

TAG Immobilien AG 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 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 -2.99 -82.17 16.11 144.40 76.20

TAG Immobilien AG 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 €155 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.

TAG Immobilien AG  (HAM:TEG) 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.

TAG Immobilien AG's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.324/267.64*91
=10.00

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

TAG Immobilien AG'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)
=185.146-4278.617+0.75 * 29.324+0.5 * 597.89
=-3,773

* 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.

TAG Immobilien AG Change In Receivables Related Terms

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TAG Immobilien AG (HAM:TEG) Business Description

Industry
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Traded in Other Exchanges
TAGOF:USA TEGd:UK 0JK4:UK TEG:Germany TEG:Austria
Address
Steckelhorn 5, Hamburg, DEU, 20457
Website
https://www.tag-ag.com
TAG Immobilien AG is a general real estate company that operates in Germany. The company reports multiple business segments based on location. The company's revenue sources are largely split between its top regions, while its Berlin operations slightly outweigh the others. Tag rents and manages residential properties, as well as commercial real estate properties and boarding houses. The company focuses on regions characterized by improving quality of life while considering acquisition activity as a component of its operational growth strategy.

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