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SOLON AG fuer Solartechnik (LTS:0G3C) Change In Receivables : €26.9 Mil (TTM As of Sep. 2011)


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What is SOLON AG fuer Solartechnik Change In Receivables?

SOLON AG fuer Solartechnik's change in receivables for the quarter that ended in Sep. 2011 was €18.5 Mil. It means SOLON AG fuer Solartechnik's Accounts Receivable declined by €18.5 Mil from Jun. 2011 to Sep. 2011 .

SOLON AG fuer Solartechnik's change in receivables for the fiscal year that ended in Dec. 2010 was €-60.6 Mil. It means SOLON AG fuer Solartechnik's Accounts Receivable increased by €60.6 Mil from Dec. 2009 to Dec. 2010 .

SOLON AG fuer Solartechnik's Accounts Receivable for the quarter that ended in Sep. 2011 was €110.3 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. SOLON AG fuer Solartechnik's Days Sales Outstanding for the three months ended in Sep. 2011 was 92.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SOLON AG fuer Solartechnik's liquidation value for the three months ended in Sep. 2011 was €-426.4 Mil.


SOLON AG fuer Solartechnik Change In Receivables Historical Data

The historical data trend for SOLON AG fuer Solartechnik'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.

SOLON AG fuer Solartechnik Change In Receivables Chart

SOLON AG fuer Solartechnik Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Change In Receivables
Get a 7-Day Free Trial -39.96 -101.00 -126.09 114.10 -60.58

SOLON AG fuer Solartechnik Quarterly Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -14.93 -39.98 32.39 15.97 18.55

SOLON AG fuer Solartechnik 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 Sep. 2011 adds up the quarterly data reported by the company within the most recent 12 months, which was €26.9 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.


SOLON AG fuer Solartechnik  (LTS:0G3C) 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.

SOLON AG fuer Solartechnik's Days Sales Outstanding for the quarter that ended in Sep. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=110.253/108.304*91
=92.89

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

SOLON AG fuer Solartechnik's liquidation value for the quarter that ended in Sep. 2011 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=12.305-569.395+0.75 * 110.253+0.5 * 95.984
=-426.4

* 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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SOLON AG fuer Solartechnik (LTS:0G3C) Business Description

Traded in Other Exchanges
N/A
Address
3840 South Palo Verde, Suite 205, Tucson, AZ, USA, 85714
SOLON SE is a Germany-based manufacturer of solar modules and supplier of solar system technology. It produces and distributes solar modules, as well monocrystalline and polycrystalline solar cells to wholesalers and installers. It focuses on the construction of turnkey solar power plants on rooftops and on open fields, as well as the distribution of systems to project developers and utility companies.

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