GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Galapagos NV (XAMS:GLPG) » Definitions » Change In Receivables

Galapagos NV (XAMS:GLPG) Change In Receivables : €0.0 Mil (TTM As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Galapagos NV Change In Receivables?

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

Galapagos NV's change in receivables for the fiscal year that ended in Dec. 2023 was €-39.1 Mil. It means Galapagos NV's Accounts Receivable increased by €39.1 Mil from Dec. 2022 to Dec. 2023 .

Galapagos NV's Accounts Receivable for the quarter that ended in Sep. 2024 was €45.4 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. Galapagos NV's Days Sales Outstanding for the three months ended in Sep. 2024 was 69.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Galapagos NV's liquidation value for the three months ended in Sep. 2024 was €2,096.0 Mil.


Galapagos NV Change In Receivables Historical Data

The historical data trend for Galapagos NV'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.

Galapagos NV Change In Receivables Chart

Galapagos NV 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 -67.26 -177.16 79.86 68.98 -39.11

Galapagos NV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Galapagos NV 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.

* 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.


Galapagos NV  (XAMS:GLPG) 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.

Galapagos NV's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=45.426/59.849*91
=69.26

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

Galapagos NV'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)
=3338.779-1309.632+0.75 * 45.426+0.5 * 65.563
=2,096.0

* 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.


Galapagos NV Change In Receivables Related Terms

Thank you for viewing the detailed overview of Galapagos NV's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Galapagos NV Business Description

Address
Generaal De Wittelaan L11 A3, Mechelen, BEL, 2800
Galapagos NV is a fully integrated biotechnology company focused on discovering, developing, and commercializing medicines. The company is committed to improving patients' lives world-wide by targeting diseases with high unmet needs. Its R&D capabilities cover multiple drug modalities, including small molecules and cell therapies. Its portfolio comprises discovery through to commercialized programs in immunology, oncology, and other indications. Its first medicine for rheumatoid arthritis and ulcerative colitis is available in Europe and Japan. It derives maximum revenue from United States of America.

Galapagos NV Headlines

From GuruFocus

Q3 2024 Galapagos NV Earnings Call Transcript

By GuruFocus News 11-01-2024

Q1 2024 Galapagos NV Earnings Call Transcript

By GuruFocus Research 05-04-2024

FMR LLC Adjusts Stake in Galapagos NV

By GuruFocus News 11-13-2024

Q1 2023 Galapagos NV Earnings Call Transcript

By GuruFocus Research 02-07-2024

Q4 2020 Galapagos NV Earnings Call Transcript

By GuruFocus Research 02-07-2024

Galapagos NV at JPMorgan Healthcare Conference Transcript

By GuruFocus Research 02-07-2024

Half Year 2022 Galapagos NV Earnings Call Transcript

By GuruFocus Research 02-07-2024

Q2 2021 Galapagos NV Earnings Call Transcript

By GuruFocus Research 02-07-2024