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Iceland Seafood International hf (OISE:ICESEA) Change In Receivables : kr1,767 Mil (TTM As of Mar. 2024)


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What is Iceland Seafood International hf Change In Receivables?

Iceland Seafood International hf's change in receivables for the quarter that ended in Mar. 2024 was kr-1,748 Mil. It means Iceland Seafood International hf's Accounts Receivable increased by kr1,748 Mil from Dec. 2023 to Mar. 2024 .

Iceland Seafood International hf's change in receivables for the fiscal year that ended in Dec. 2023 was kr879 Mil. It means Iceland Seafood International hf's Accounts Receivable declined by kr879 Mil from Dec. 2022 to Dec. 2023 .

Iceland Seafood International hf's Accounts Receivable for the quarter that ended in Mar. 2024 was kr10,702 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. Iceland Seafood International hf's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Iceland Seafood International hf's liquidation value for the three months ended in Mar. 2024 was kr-13,258 Mil.


Iceland Seafood International hf Change In Receivables Historical Data

The historical data trend for Iceland Seafood International hf'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.

Iceland Seafood International hf Change In Receivables Chart

Iceland Seafood International hf 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 -120.74 2,401.45 -2,360.49 -900.19 878.78

Iceland Seafood International hf Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2,612.10 2,897.17 223.07 395.26 -1,748.37

Iceland Seafood International hf 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,767 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.


Iceland Seafood International hf  (OISE:ICESEA) 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.

Iceland Seafood International hf's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10702.474/17147.853*91
=56.95

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

Iceland Seafood International hf's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2610.573-30062.866+0.75 * 10702.474+0.5 * 12334.233
=-13,258

* 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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Iceland Seafood International hf (OISE:ICESEA) Business Description

Traded in Other Exchanges
N/A
Address
Kollunarklettsvegur 2, Reykjavik, ISL, 104
Iceland Seafood International hf is engaged in the sale, processing, and marketing of frozen, salted, and fresh seafood. The company's operating segment includes Value-added Southern Europe; Value added Northern Europe; Sales and Distribution and Other. It generates maximum revenue from the Value-added Southern Europe segment.

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