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Kitron ASA (OSL:KIT) Change In Receivables : kr0 Mil (TTM As of Dec. 2023)


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What is Kitron ASA Change In Receivables?

Kitron ASA's change in receivables for the quarter that ended in Dec. 2023 was kr0 Mil. It means Kitron ASA's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Kitron ASA's change in receivables for the fiscal year that ended in Dec. 2023 was kr-54 Mil. It means Kitron ASA's Accounts Receivable increased by kr54 Mil from Dec. 2022 to Dec. 2023 .

Kitron ASA's Accounts Receivable for the quarter that ended in Dec. 2023 was kr1,511 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. Kitron ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kitron ASA's liquidation value for the three months ended in Dec. 2023 was kr-2,032 Mil.


Kitron ASA Change In Receivables Historical Data

The historical data trend for Kitron ASA'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.

Kitron ASA Change In Receivables Chart

Kitron ASA 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 -31.70 -214.33 -44.74 -485.63 -54.07

Kitron ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - -

Kitron ASA 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 quarterly data reported by the company within the most recent 12 months, which was kr0 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.


Kitron ASA  (OSL:KIT) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1510.508/2290.497*91
=60.18

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

Kitron ASA'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)
=448.666-4570.64+0.75 * 1510.508+0.5 * 1914.308
=-2,032

* 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.


Kitron ASA Change In Receivables Related Terms

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Kitron ASA (OSL:KIT) Business Description

Industry
Traded in Other Exchanges
Address
Olav Brunborgs vei 4, Billingstad, NOR, 1396
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.

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