Wacker Chemie AG (Wacker Chemie AG) Change In Receivables : $125 Mil (TTM As of Dec. 2023)

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What is Wacker Chemie AG Change In Receivables?

Wacker Chemie AG's change in receivables for the quarter that ended in Dec. 2023 was $142 Mil. It means Wacker Chemie AG's Accounts Receivable declined by $142 Mil from Jun. 2023 to Dec. 2023 .

Wacker Chemie AG's change in receivables for the fiscal year that ended in Dec. 2023 was $125 Mil. It means Wacker Chemie AG's Accounts Receivable declined by $125 Mil from Dec. 2022 to Dec. 2023 .

Wacker Chemie AG's Accounts Receivable for the quarter that ended in Dec. 2023 was $860 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. Wacker Chemie AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 49.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Wacker Chemie AG's liquidation value for the six months ended in Dec. 2023 was $-1,714 Mil.

Wacker Chemie AG Change In Receivables Historical Data

The historical data trend for Wacker Chemie 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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Wacker Chemie AG Change In Receivables Chart

Wacker Chemie AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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57.78

-25.55

-209.27

-71.61

124.76

Wacker Chemie AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															9.94	-358.03	287.18	-17.01	141.88

Wacker Chemie 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $125 Mil.

Wacker Chemie AG (OTCPK:WKCMF) 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.

Wacker Chemie AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	859.978	/	3168.375	*	91
=	49.54

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

Wacker Chemie AG'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)
=	1512.65	-	4661.396	+	0.75 * 859.978	+	0.5 * 1580.371
=	-1,714

Wacker Chemie AG Change In Receivables Related Terms

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Wacker Chemie AG (Wacker Chemie AG) Business Description

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1WCH:Italy WCHd:UK 0NR4:UK WCH:Germany

Address

Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737

Website

https://www.wacker.com

Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

Wacker Chemie AG (Wacker Chemie AG) Headlines

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