Salzgitter AG (Salzgitter AG) Change In Receivables : $137 Mil (TTM As of Mar. 2024)

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What is Salzgitter AG Change In Receivables?

Salzgitter AG's change in receivables for the quarter that ended in Mar. 2024 was $-327 Mil. It means Salzgitter AG's Accounts Receivable increased by $327 Mil from Dec. 2023 to Mar. 2024 .

Salzgitter AG's change in receivables for the fiscal year that ended in Dec. 2023 was $99 Mil. It means Salzgitter AG's Accounts Receivable declined by $99 Mil from Dec. 2022 to Dec. 2023 .

Salzgitter AG's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,608 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. Salzgitter AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Salzgitter AG's liquidation value for the three months ended in Mar. 2024 was $-2,711 Mil.

Salzgitter AG Change In Receivables Historical Data

The historical data trend for Salzgitter AG'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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Salzgitter AG Change In Receivables Chart

Salzgitter AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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245.78

52.43

-651.86

-50.00

99.46

Salzgitter AG 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															-359.53	87.22	68.84	307.53	-326.96

Salzgitter AG 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 $137 Mil.

Salzgitter AG (OTCPK:SZGPY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1608.37	/	2910.761	*	91
=	50.42

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

Salzgitter AG'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)
=	804.891	-	6273.913	+	0.75 * 1608.37	+	0.5 * 3103.043
=	-2,711

Salzgitter AG Change In Receivables Related Terms

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Salzgitter AG (Salzgitter AG) Business Description

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Traded in Other Exchanges

SZGd:UK 0G77:UK SZG:Germany SZG:Germany SZG:Germany SZG:Germany

Address

Eisenhüttenstrasse 99, Salzgitter, DEU, 38239

Website

https://www.salzgitter-ag.com

Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.