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Elkem ASA (OSTO:ELKO) Change In Receivables : kr0 Mil (TTM As of Mar. 2024)


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What is Elkem ASA Change In Receivables?

Elkem ASA's change in receivables for the quarter that ended in Mar. 2024 was kr0 Mil. It means Elkem ASA's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Elkem ASA's change in receivables for the fiscal year that ended in Dec. 2023 was kr924 Mil. It means Elkem ASA's Accounts Receivable declined by kr924 Mil from Dec. 2022 to Dec. 2023 .

Elkem ASA's Accounts Receivable for the quarter that ended in Mar. 2024 was kr3,535 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. Elkem ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elkem ASA's liquidation value for the three months ended in Mar. 2024 was kr-13,441 Mil.


Elkem ASA Change In Receivables Historical Data

The historical data trend for Elkem 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.

Elkem ASA Change In Receivables Chart

Elkem 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 - - - 324.00 924.00

Elkem ASA 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 - - - - -

Elkem 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 Mar. 2024 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.


Elkem ASA  (OSTO:ELKo) 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.

Elkem ASA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3535/7748*91
=41.63

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

Elkem ASA'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)
=5849-26215+0.75 * 3535+0.5 * 8547
=-13,441

* 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.


Elkem ASA Change In Receivables Related Terms

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Elkem ASA (OSTO:ELKO) Business Description

Traded in Other Exchanges
Address
Drammensveien 169, Oslo, NOR, 0277
Elkem ASA offers advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products, and carbon solutions by combining natural raw materials, renewable energy, and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health, and personal care as well as smarter and more sustainable cities. Elkem has three reportable segments namely Silicones, Silicon Products, and Carbon Solutions. It generates most of the revenue from the Silicones segment.

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