Govena Lighting (WAR:GOV) Change In Receivables: zł-0.59 Mil (TTM As of Mar. 2024)

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WAR:GOV Govena Lighting SA WAR:GOV
36 GF Score
Price zł0.27
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What is Govena Lighting Change In Receivables?

Govena Lighting WAR:GOV 36 Change In Receivables is zł-0.59 Mil as of Mar. 2024. GuruFocus rates WAR:GOV with a GF Score™ of 36/100.

Govena Lighting's change in receivables for the quarter that ended in Mar. 2024 was zł-0.20 Mil. It means Govena Lighting's Accounts Receivable increased by zł0.20 Mil from Sep. 2023 to Mar. 2024 .

Govena Lighting's change in receivables for the fiscal year that ended in Dec. 2022 was zł0.65 Mil. It means Govena Lighting's Accounts Receivable declined by zł0.65 Mil from Dec. 2021 to Dec. 2022 .

Govena Lighting's Accounts Receivable for the quarter that ended in Mar. 2024 was zł1.99 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. Govena Lighting's Days Sales Outstanding for the three months ended in Mar. 2024 was 231.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Govena Lighting's liquidation value for the three months ended in Mar. 2024 was zł0.05 Mil.

Govena Lighting  (WAR:GOV) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.993/0.787*91
=231.08

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

Govena Lighting'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)
=0.041-3.488+0.75 * 1.993+0.5 * 3.995
=0.05

* 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.

Govena Lighting Change In Receivables Related Terms

Govena Lighting Change In Receivables Historical Data

* Premium members only.

The historical data trend for Govena Lighting'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.

Govena Lighting Change In Receivables Chart

Govena Lighting Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial -0.22 0.89 -1.15 -0.47 0.65

Govena Lighting Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 -0.15 1.61 -0.26 -0.39 -0.20
WAR:GOV
36GF Score
Govena Lighting SA WAR:GOV
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Govena Lighting 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 zł-0.59 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of zł-0.59 Mil mean?
Govena Lighting (WAR:GOV) has a Change In Receivables of zł-0.59 Mil as of Mar. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Govena Lighting and its competitors.
Is Govena Lighting's Change In Receivables too high?
Govena Lighting's current Change In Receivables is zł-0.59 Mil. Overall, Govena Lighting has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Govena Lighting's Change In Receivables compare to HUBB and VRT?
Govena Lighting's Change In Receivables of zł-0.59 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Industrial Products company?
A good Change In Receivables depends on the Industrial Products industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Govena Lighting and its competitors. Govena Lighting's current Change In Receivables is zł-0.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Govena Lighting stock overvalued right now?
Govena Lighting (WAR:GOV) has a current Change In Receivables of zł-0.59 Mil. The current Change In Receivables is zł-0.59 Mil. Govena Lighting's overall GF Score™ is 36/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Govena Lighting (WAR:GOV), the current Change In Receivables is zł-0.59 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Govena Lighting Business Description

Address ul. Sluzewska 8-15, Torun, POL, 87-100
Govena Lighting SA is a manufacturer of electronics, a contractor of services and a supplier of finished and semi-finished products. It works with lighting-industry customers, manufacturers of electricity meters and cash registers, and with power-industry customers. The products offered by the company include Electronic Transformers, LED power supply, Dimmer, Switches and sockets and LED profiles.
36GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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