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Forvia SE (MIL:1FRVIA) Change In Receivables : €208 Mil (TTM As of Dec. 2023)


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What is Forvia SE Change In Receivables?

Forvia SE's change in receivables for the quarter that ended in Dec. 2023 was €660 Mil. It means Forvia SE's Accounts Receivable declined by €660 Mil from Jun. 2023 to Dec. 2023 .

Forvia SE's change in receivables for the fiscal year that ended in Dec. 2023 was €208 Mil. It means Forvia SE's Accounts Receivable declined by €208 Mil from Dec. 2022 to Dec. 2023 .

Forvia SE's Accounts Receivable for the quarter that ended in Dec. 2023 was €4,133 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. Forvia SE's Days Sales Outstanding for the six months ended in Dec. 2023 was 55.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Forvia SE's liquidation value for the six months ended in Dec. 2023 was €-15,480 Mil.

Forvia SE Change In Receivables Historical Data

The historical data trend for Forvia SE'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.

Forvia SE Change In Receivables Chart

Forvia SE 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 -397.50 -340.20 -5.00 -395.80 207.60

Forvia SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -226.80 -174.80 -221.00 -452.00 659.60

Forvia SE 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €208 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.

Forvia SE  (MIL:1FRVIA) 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.

Forvia SE's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4132.9/13627.3*91
=55.35

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

Forvia SE's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4282.7-24313.8+0.75 * 4132.9+0.5 * 2903.7
=-15,480

* 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.

Forvia SE Change In Receivables Related Terms

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Forvia SE (MIL:1FRVIA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Forvia SE (MIL:1FRVIA) » Definitions » Change In Receivables
Comparable Companies
XPAR:FR XPAR:OPM XPAR:BUR XPAR:AKW XPAR:ALDEL XPAR:ALATI XPAR:PVL TSE:6902 TSE:5108 XPAR:ML APTV MBLY GPC SHSE:600660 XKRX:012330 XTER:CON TSX:MG XTER:KBX TSE:5802 LKQ
Traded in Other Exchanges
FURCF:USA FRVIAp:UK 0MGR:UK FRVIA:France FAU:Germany
Address
23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000
Website
https://www.faurecia.com
Forvia operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a global presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's five largest customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.

Forvia SE (MIL:1FRVIA) Headlines

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