Nova Klubburinn hf (OISE:NOVA) Change In Receivables : kr-132 Mil (TTM As of Mar. 2024)

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What is Nova Klubburinn hf Change In Receivables?

Nova Klubburinn hf's change in receivables for the quarter that ended in Mar. 2024 was kr-151 Mil. It means Nova Klubburinn hf's Accounts Receivable increased by kr151 Mil from Dec. 2023 to Mar. 2024 .

Nova Klubburinn hf's change in receivables for the fiscal year that ended in Dec. 2023 was kr-22 Mil. It means Nova Klubburinn hf's Accounts Receivable increased by kr22 Mil from Dec. 2022 to Dec. 2023 .

Nova Klubburinn hf's Accounts Receivable for the quarter that ended in Mar. 2024 was kr1,220 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. Nova Klubburinn hf's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nova Klubburinn hf's liquidation value for the three months ended in Mar. 2024 was kr-12,660 Mil.

Nova Klubburinn hf Change In Receivables Historical Data

The historical data trend for Nova Klubburinn 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.

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Nova Klubburinn hf Change In Receivables Chart

Nova Klubburinn hf Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

113.00

-13.00

-284.21

968.88

-21.86

Nova Klubburinn hf Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial										-41.25	-151.70	17.51	153.58	-151.44

Nova Klubburinn 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 kr-132 Mil.

Nova Klubburinn hf (OISE:NOVA) 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.

Nova Klubburinn 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
=	1219.799	/	3167.634	*	91
=	35.14

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

Nova Klubburinn 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)
=	379.816	-	14221.683	+	0.75 * 1219.799	+	0.5 * 533.149
=	-12,660

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Nova Klubburinn hf (OISE:NOVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nova Klubburinn hf (OISE:NOVA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lágmúli 9, Reykjavík, ISL, 108

Website

https://www.nova.is

Nova Klubburinn hf a full-service telecommunications company operating in Iceland. Nova's customers are individuals and small and medium sized corporations. It operates through three key business areas: mobile network, Fixed network and Goods sold and Others.