Norsk Titanium AS (Norsk Titanium AS) Change In Receivables : $0.12 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Norsk Titanium AS Change In Receivables?

Norsk Titanium AS's change in receivables for the quarter that ended in Dec. 2023 was $-0.18 Mil. It means Norsk Titanium AS's Accounts Receivable increased by $0.18 Mil from Jun. 2023 to Dec. 2023 .

Norsk Titanium AS's change in receivables for the fiscal year that ended in Dec. 2023 was $0.12 Mil. It means Norsk Titanium AS's Accounts Receivable declined by $0.12 Mil from Dec. 2022 to Dec. 2023 .

Norsk Titanium AS's Accounts Receivable for the quarter that ended in Dec. 2023 was $0.58 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. Norsk Titanium AS's Days Sales Outstanding for the six months ended in Dec. 2023 was 81.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Norsk Titanium AS's liquidation value for the six months ended in Dec. 2023 was $-13.44 Mil.

Norsk Titanium AS Change In Receivables Historical Data

The historical data trend for Norsk Titanium AS'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.

Norsk Titanium AS Change In Receivables Chart

Norsk Titanium AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

3.05

0.12

0.40

-0.31

0.12

Norsk Titanium AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial					-0.04	0.23	-0.55	0.30	-0.18

Norsk Titanium AS 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 $0.12 Mil.

Norsk Titanium AS (OTCPK:NORSF) 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.

Norsk Titanium AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.584	/	1.311	*	91
=	81.30

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

Norsk Titanium AS'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)
=	0.976	-	17.796	+	0.75 * 0.584	+	0.5 * 5.886
=	-13.44

Norsk Titanium AS Change In Receivables Related Terms

Thank you for viewing the detailed overview of Norsk Titanium AS's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Norsk Titanium AS (Norsk Titanium AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Norsk Titanium AS (OTCPK:NORSF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

NTI:Norway 84F:Germany

Address

Flyplassveien 20, Honefoss, NOR, 3514

Website

https://www.norsktitanium.com

Norsk Titanium AS is a producer of aerospace-grade, additively manufactured, structural titanium components for commercial aerospace tier-one suppliers. Its patented RPD technology revolutionizes the industry by pioneering a new era of on-demand metal additive manufacturing that delivers 3D-printed, structural titanium, providing substantial lead-time and cost savings to the aerospace, defence, and industrial markets.

Norsk Titanium AS (Norsk Titanium AS) Headlines

No Headlines