TopRight Nordic AB (NGM:TOPR) Change In Receivables : kr38.8 Mil (TTM As of Sep. 2023)

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What is TopRight Nordic AB Change In Receivables?

TopRight Nordic AB's change in receivables for the quarter that ended in Sep. 2023 was kr14.2 Mil. It means TopRight Nordic AB's Accounts Receivable declined by kr14.2 Mil from Jun. 2023 to Sep. 2023 .

TopRight Nordic AB's change in receivables for the fiscal year that ended in Dec. 2022 was kr0.1 Mil. It means TopRight Nordic AB's Accounts Receivable declined by kr0.1 Mil from Dec. 2021 to Dec. 2022 .

TopRight Nordic AB's Accounts Receivable for the quarter that ended in Sep. 2023 was kr20.1 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. TopRight Nordic AB's Days Sales Outstanding for the three months ended in Sep. 2023 was 127.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TopRight Nordic AB's liquidation value for the three months ended in Sep. 2023 was kr-141.0 Mil.

TopRight Nordic AB Change In Receivables Historical Data

The historical data trend for TopRight Nordic 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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TopRight Nordic AB Change In Receivables Chart

TopRight Nordic AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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0.18

-51.32

-18.40

0.05

TopRight Nordic AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-8.96	31.49	18.76	-25.65	14.22

TopRight Nordic 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr38.8 Mil.

TopRight Nordic AB (NGM:TOPR) 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.

TopRight Nordic AB's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.146	/	14.42	*	91
=	127.48

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

TopRight Nordic AB's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.608	-	159.417	+	0.75 * 20.146	+	0.5 * 3.383
=	-141.0

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TopRight Nordic AB (NGM:TOPR) Business Description

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Address

Taptogatan 6, Stockholm, SWE, 115 26

Website

https://www.toprightnordic.com

TopRight Nordic AB is engaged in modern light technology and digital glass. The company's solutions improve road safety, help brands to be brand new and transform traditional exposure areas to interactive viewing windows. It has three business areas: BRIGHT Attention, BRIGHT Safety, and SMART Glass. BRIGHT Attention offers unique solutions to create attention. BRIGHT Safety offers standard products, customized solutions and safety kits with lighting technology that contribute to a safer existence on roads and for the professional teams working in the dark. SMART Glass offers glass surfaces that can become lighting, windows, wall and screen in one.

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