Nikola (MEX:NKLA) Change In Receivables : MXN-749 Mil (TTM As of Sep. 2024)

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What is Nikola Change In Receivables?

Nikola's change in receivables for the quarter that ended in Sep. 2024 was MXN-235 Mil. It means Nikola's Accounts Receivable increased by MXN235 Mil from Jun. 2024 to Sep. 2024 .

Nikola's change in receivables for the fiscal year that ended in Dec. 2023 was MXN232 Mil. It means Nikola's Accounts Receivable declined by MXN232 Mil from Dec. 2022 to Dec. 2023 .

Nikola's Accounts Receivable for the quarter that ended in Sep. 2024 was MXN1,019 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. Nikola's Days Sales Outstanding for the three months ended in Sep. 2024 was 187.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nikola's liquidation value for the three months ended in Sep. 2024 was MXN-7,514 Mil.

Nikola Change In Receivables Historical Data

The historical data trend for Nikola'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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Nikola Change In Receivables Chart

Nikola Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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13.09

-616.81

231.95

Nikola 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															161.86	-123.35	-97.79	-292.65	-234.96

Nikola 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 MXN-749 Mil.

Nikola (MEX:NKLA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1019.426	/	495.821	*	91
=	187.61

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

Nikola'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)
=	3904.606	-	12932.53	+	0.75 * 1019.426	+	0.5 * 1497.959
=	-7,514

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Nikola Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Nikola Corp (MEX:NKLA) » Definitions » Change In Receivables

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NKLAQ:USA 1NKLA:Italy 0A3R:UK

Address

4141 East Broadway Road, Phoenix, AZ, USA, 85040

Website

https://www.nikolamotor.com

Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit and Energy business unit. The Truck business unit is engaged manufacturing and selling FCEV and BEV trucks that provide, environmentally friendly, cost effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet hydrogen fuel demand for the Company's customers.

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