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Cenit AG (LTS:0MUF) Change In Receivables : €0.0 Mil (TTM As of Sep. 2024)


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What is Cenit AG Change In Receivables?

Cenit AG's change in receivables for the quarter that ended in Sep. 2024 was €0.0 Mil. It means Cenit AG's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Cenit AG's change in receivables for the fiscal year that ended in Dec. 2023 was €-10.6 Mil. It means Cenit AG's Accounts Receivable increased by €10.6 Mil from Dec. 2022 to Dec. 2023 .

Cenit AG's Accounts Receivable for the quarter that ended in Sep. 2024 was €30.0 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. Cenit AG's Days Sales Outstanding for the three months ended in Sep. 2024 was 52.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cenit AG's liquidation value for the three months ended in Sep. 2024 was €-69.0 Mil.


Cenit AG Change In Receivables Historical Data

The historical data trend for Cenit 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.

Cenit AG Change In Receivables Chart

Cenit 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 3.00 8.96 -11.37 -0.08 -10.62

Cenit AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Cenit 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 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.


Cenit AG  (LTS:0MUF) 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.

Cenit AG's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.971/52.078*91
=52.51

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

Cenit AG's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=12.18-103.678+0.75 * 29.971+0.5 * 0.059
=-69.0

* 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.


Cenit AG Change In Receivables Related Terms

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Cenit AG Business Description

Industry
Traded in Other Exchanges
Address
Industriestrasse 52-54, Stuttgart, DEU, 70565
Cenit AG is a software and information technology consulting company. It offers Product Lifecycle Management and Enterprise Information Management. The PLM (Product Lifestyle Management) segment focuses on the automotive, aerospace, mechanical engineering, and shipbuilding industries. The Enterprise Information Management focuses on products of the strategic software. The focus of the CENIT Group is on business process optimization and computer-aided design and development technologies. It has a presence in Germany, the Rest of Europe, and the Rest of world. It generates revenue from its Germany segment.

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