Proeduca Altus (XMAD:PRO) Change In Receivables : €-22.1 Mil (TTM As of Aug. 2023)

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What is Proeduca Altus Change In Receivables?

Proeduca Altus's change in receivables for the quarter that ended in Aug. 2023 was €-11.2 Mil. It means Proeduca Altus's Accounts Receivable increased by €11.2 Mil from Feb. 2023 to Aug. 2023 .

Proeduca Altus's change in receivables for the fiscal year that ended in Aug. 2023 was €-22.1 Mil. It means Proeduca Altus's Accounts Receivable increased by €22.1 Mil from Aug. 2022 to Aug. 2023 .

Proeduca Altus's Accounts Receivable for the quarter that ended in Aug. 2023 was €72.7 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. Proeduca Altus's Days Sales Outstanding for the six months ended in Aug. 2023 was 94.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Proeduca Altus's liquidation value for the six months ended in Aug. 2023 was €-84.0 Mil.

Proeduca Altus Change In Receivables Historical Data

The historical data trend for Proeduca Altus'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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Proeduca Altus Change In Receivables Chart

Proeduca Altus Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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-5.31

-16.94

0.91

-13.90

-22.09

Proeduca Altus Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Change In Receivables	Get a 7-Day Free Trial							-6.23	-4.77	-9.13	-10.88	-11.21

Proeduca Altus 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-22.1 Mil.

Proeduca Altus (XMAD:PRO) 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.

Proeduca Altus's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	72.695	/	140.679	*	91
=	94.31

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

Proeduca Altus's liquidation value for the quarter that ended in Aug. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	85.629	-	224.184	+	0.75 * 72.695	+	0.5 * 0
=	-84.0

Proeduca Altus Change In Receivables Related Terms

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Proeduca Altus (XMAD:PRO) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Proeduca Altus SA (XMAD:PRO) » Definitions » Change In Receivables

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Address

Avenue De La Paz 137, Logrono, ESP, 26006

Website

https://www.grupoproeduca.com

Proeduca Altus SA is engaged in the business of providing online education. The business has its presence in Spain, Ecuador, Colombia, Mexico, Peru, Argentina, Bolivia and the USA.