Holmen AB (Holmen AB) Change In Receivables : $3 Mil (TTM As of Mar. 2024)

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What is Holmen AB Change In Receivables?

Holmen AB's change in receivables for the quarter that ended in Mar. 2024 was $-41 Mil. It means Holmen AB's Accounts Receivable increased by $41 Mil from Dec. 2023 to Mar. 2024 .

Holmen AB's change in receivables for the fiscal year that ended in Dec. 2023 was $88 Mil. It means Holmen AB's Accounts Receivable declined by $88 Mil from Dec. 2022 to Dec. 2023 .

Holmen AB's Accounts Receivable for the quarter that ended in Mar. 2024 was $311 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. Holmen AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Holmen AB's liquidation value for the three months ended in Mar. 2024 was $-1,637 Mil.

Holmen AB Change In Receivables Historical Data

The historical data trend for Holmen AB'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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Holmen AB Change In Receivables Chart

Holmen AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-14.31

-5.26

-17.16

-123.72

87.64

Holmen AB 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															43.05	38.54	-26.34	31.78	-41.11

Holmen AB 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 $3 Mil.

Holmen AB (OTCPK:HLHLY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	311.296	/	549.403	*	91
=	51.70

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

Holmen AB'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)
=	110.169	-	2225.947	+	0.75 * 311.296	+	0.5 * 490.044
=	-1,637

Holmen AB Change In Receivables Related Terms

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Holmen AB (Holmen AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Holmen AB (OTCPK:HLHLY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

HLMNY:USA HOLM B:Sweden HOLM A:Sweden 0XS9:UK HL9C:Germany

Address

Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84

Website

https://www.holmen.com

Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into five segments based on product type: Forest, Paperboard, Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, construction industry, and packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns majoroty of its revenue in Europe.

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