RENK Group AG (WBO:RENK) Change In Receivables : €0.0 Mil (TTM As of Sep. 2024)

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What is RENK Group AG Change In Receivables?

RENK Group AG's change in receivables for the quarter that ended in Sep. 2024 was €0.0 Mil. It means RENK Group AG's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

RENK Group AG's change in receivables for the fiscal year that ended in Dec. 2022 was €-46.0 Mil. It means RENK Group AG's Accounts Receivable increased by €46.0 Mil from Dec. 2021 to Dec. 2022 .

RENK Group AG's Accounts Receivable for the quarter that ended in Sep. 2024 was €151.6 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. RENK Group AG's Days Sales Outstanding for the three months ended in Sep. 2024 was 51.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. RENK Group AG's liquidation value for the three months ended in Sep. 2024 was €-712.0 Mil.

RENK Group AG Change In Receivables Historical Data

The historical data trend for RENK Group 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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RENK Group AG Change In Receivables Chart

RENK Group AG Annual Data

Trend

Dec20

Dec21

Dec22

Change In Receivables

-7.11

8.62

-45.99

RENK Group AG Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial					-	-	-	-	-

RENK Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

RENK Group AG (WBO:RENK) 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.

RENK Group AG's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	151.599	/	268.028	*	91
=	51.61

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

RENK Group AG's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	77.497	-	1093.664	+	0.75 * 151.599	+	0.5 * 381.024
=	-712.0

RENK Group AG Change In Receivables Related Terms

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RENK Group AG Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

R3NKd:UK R3NK:Germany

Address

Gogginger street 73, Augsburg, BY, DEU, 86159

Website

https://www.renk.com

RENK Group AG provides vehicle mobility solutions. Its propulsion and drivetrain technology ensures the reliable deployment of forces to set vehicles, vessels, and machinery in motion. The company's business is divided into the following segments; Vehicle Mobility Solutions, Marine and Industry, and Slide Bearings. The Vehicle Mobility Solutions segment which generates maximum revenue, provides technology for the deployment of forces to set vehicles, vessels, and machinery in motion, and also offers products like engines, suspensions, electric drives, and power packs for military vehicles and test systems. Geographically, the company generates maximum revenue from America and the rest from Germany, Asia, Africa, other European countries, Australia and Oceania.

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