Arteche Lantegi Elekartea (XMAD:ART) Change In Receivables : €5.2 Mil (TTM As of Dec. 2023)

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What is Arteche Lantegi Elekartea Change In Receivables?

Arteche Lantegi Elekartea's change in receivables for the quarter that ended in Dec. 2023 was €5.6 Mil. It means Arteche Lantegi Elekartea's Accounts Receivable declined by €5.6 Mil from Jun. 2023 to Dec. 2023 .

Arteche Lantegi Elekartea's change in receivables for the fiscal year that ended in Dec. 2023 was €5.2 Mil. It means Arteche Lantegi Elekartea's Accounts Receivable declined by €5.2 Mil from Dec. 2022 to Dec. 2023 .

Arteche Lantegi Elekartea's Accounts Receivable for the quarter that ended in Dec. 2023 was €50.3 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. Arteche Lantegi Elekartea's Days Sales Outstanding for the six months ended in Dec. 2023 was 43.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Arteche Lantegi Elekartea's liquidation value for the six months ended in Dec. 2023 was €-113.3 Mil.

Arteche Lantegi Elekartea Change In Receivables Historical Data

The historical data trend for Arteche Lantegi Elekartea'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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Arteche Lantegi Elekartea Change In Receivables Chart

Arteche Lantegi Elekartea Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

2.47

17.81

-4.86

-17.78

5.17

Arteche Lantegi Elekartea Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial				-0.35	-10.87	-6.91	-0.46	5.63

Arteche Lantegi Elekartea 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 €5.2 Mil.

Arteche Lantegi Elekartea (XMAD:ART) 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.

Arteche Lantegi Elekartea's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	50.26	/	213.21	*	91
=	43.02

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

Arteche Lantegi Elekartea'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)
=	62.35	-	253.842	+	0.75 * 50.26	+	0.5 * 81.004
=	-113.3

Arteche Lantegi Elekartea Change In Receivables Related Terms

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Arteche Lantegi Elekartea (XMAD:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arteche Lantegi Elekartea SA (XMAD:ART) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

Derio Bidea 28, Bizkaia, Mungia, ESP, 48100

Website

https://www.arteche.com

Arteche Lantegi Elekartea SA is engaged in developing equipment and solutions for the electric power industry. The product portfolio of the company includes High voltage instrument transformers, Digital Instrument Transformers, Trip, supervision, and auxiliary relays, Medium voltage sensors, and Reclosers and switches among others.

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