Onward Medical NV (XBRU:ONWD) Change In Receivables : €0.49 Mil (TTM As of Dec. 2023)

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What is Onward Medical NV Change In Receivables?

Onward Medical NV's change in receivables for the quarter that ended in Dec. 2023 was €1.06 Mil. It means Onward Medical NV's Accounts Receivable declined by €1.06 Mil from Jun. 2023 to Dec. 2023 .

Onward Medical NV's change in receivables for the fiscal year that ended in Dec. 2023 was €0.49 Mil. It means Onward Medical NV's Accounts Receivable declined by €0.49 Mil from Dec. 2022 to Dec. 2023 .

Onward Medical NV's Accounts Receivable for the quarter that ended in Dec. 2023 was €0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Onward Medical NV's liquidation value for the six months ended in Dec. 2023 was €4.07 Mil.

Onward Medical NV Change In Receivables Historical Data

The historical data trend for Onward Medical 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.

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Onward Medical NV Change In Receivables Chart

Onward Medical NV Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.02

-0.22

-2.36

0.14

0.49

Onward Medical NV Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial					-2.25	-0.55	0.69	-0.57	1.06

Onward Medical 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.49 Mil.

Onward Medical NV (XBRU:ONWD) 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.

Onward Medical NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

Onward Medical NV'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)
=	29.768	-	25.698	+	0.75 * 0	+	0.5 * 0
=	4.07

Onward Medical NV Change In Receivables Related Terms

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Onward Medical NV (XBRU:ONWD) Business Description

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ONWRF:USA 63E:Germany

Address

High Tech Campus 32, Noord-Braban, Eindhoven, NH, NLD, NL-5656 AE

Website

https://www.onwd.com

Onward Medical NV is a medical technology company developing and commercializing therapies to enable functional recovery for people with spinal cord injury. It has developed two programmable neurostimulation platforms: an implantable system, ARCIM, and a non-invasive, transcutaneous system, ARCEX. The company has selected the United states and four European markets: Germany, France, the UK and the Netherlands to create a customer base.

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