Tessenderlo Group NV (XBRU:TESB) Change In Receivables : €59 Mil (TTM As of Dec. 2023)

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What is Tessenderlo Group NV Change In Receivables?

Tessenderlo Group NV's change in receivables for the quarter that ended in Dec. 2023 was €81 Mil. It means Tessenderlo Group NV's Accounts Receivable declined by €81 Mil from Jun. 2023 to Dec. 2023 .

Tessenderlo Group NV's change in receivables for the fiscal year that ended in Dec. 2023 was €59 Mil. It means Tessenderlo Group NV's Accounts Receivable declined by €59 Mil from Dec. 2022 to Dec. 2023 .

Tessenderlo Group NV's Accounts Receivable for the quarter that ended in Dec. 2023 was €389 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. Tessenderlo Group NV's Days Sales Outstanding for the six months ended in Dec. 2023 was 54.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tessenderlo Group NV's liquidation value for the six months ended in Dec. 2023 was €-195 Mil.

Tessenderlo Group NV Change In Receivables Historical Data

The historical data trend for Tessenderlo Group 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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Tessenderlo Group NV Change In Receivables Chart

Tessenderlo Group NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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10.00

-2.00

-94.70

-36.30

58.90

Tessenderlo Group NV 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															-18.60	-81.90	45.60	-22.50	81.40

Tessenderlo Group 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 €59 Mil.

Tessenderlo Group NV (XBRU:TESB) 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.

Tessenderlo Group 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
=	388.7	/	1301.8	*	91
=	54.49

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

Tessenderlo Group 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)
=	177	-	965.9	+	0.75 * 388.7	+	0.5 * 604.5
=	-195

Tessenderlo Group NV Change In Receivables Related Terms

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Tessenderlo Group NV (XBRU:TESB) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tessenderlo Group NV (XBRU:TESB) » Definitions » Change In Receivables

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Traded in Other Exchanges

0KCP:UK TEZ:Germany

Address

Troonstraat 130 Rue du Trone, Brussels, BEL, 1050

Website

https://www.tessenderlo.com

Tessenderlo Group NV is a diversified international agricultural and industrial company. The firm produces and sells products across four segments: Agro, Industrial Solutions, Bio-Valorization, and T-Power. The majority of its revenue comes from the Agro segment, which produces and sells liquid crop fertilizers, potassium sulfate, and crop protection products to the agriculture industry. The Industrial Solutions segment produces and sells plastic pipe systems, water treatment chemicals, and other industrial products. The Bio-Valorization segment processes animal by-products into gelatins for customers in the food, pharmaceutical, health, and nutrition industries. The company's revenue is generated in the United States.

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