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Akiles SE (XMAD:AKI) Change In Receivables : €-0.88 Mil (TTM As of Dec. 2019)


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What is Akiles SE Change In Receivables?

Akiles SE's change in receivables for the quarter that ended in Dec. 2019 was €-0.92 Mil. It means Akiles SE's Accounts Receivable increased by €0.92 Mil from Jun. 2019 to Dec. 2019 .

Akiles SE's change in receivables for the fiscal year that ended in Dec. 2019 was €-0.88 Mil. It means Akiles SE's Accounts Receivable increased by €0.88 Mil from Dec. 2018 to Dec. 2019 .

Akiles SE's Accounts Receivable for the quarter that ended in Dec. 2019 was €1.68 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. Akiles SE's Days Sales Outstanding for the six months ended in Dec. 2019 was 131.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Akiles SE's liquidation value for the six months ended in Dec. 2019 was €-31.14 Mil.


Akiles SE Change In Receivables Historical Data

The historical data trend for Akiles SE'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.

Akiles SE Change In Receivables Chart

Akiles SE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Receivables
Get a 7-Day Free Trial -0.65 -1.28 3.54 -0.43 -0.88

Akiles SE Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 0.83 -0.14 -0.29 0.04 -0.92

Akiles SE 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-0.88 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.


Akiles SE  (XMAD:AKI) 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.

Akiles SE's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.678/2.329*91
=131.49

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

Akiles SE's liquidation value for the quarter that ended in Dec. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.186-32.686+0.75 * 1.678+0.5 * 0.204
=-31.14

* 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.


Akiles SE Change In Receivables Related Terms

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Akiles SE (XMAD:AKI) Business Description

Traded in Other Exchanges
N/A
Address
49 Bulgaria Boulevard, Floor 11-12, Sofia, BGR, 1404
Akiles Corp SE is primarily involved in the two business areas namely Infrastructure and Utilities sector and Tourism sector. The Company operates mainly in the Balkans, Spain, and Greece.

Akiles SE (XMAD:AKI) Headlines

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