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

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XMAD:TES Akiles Corp SE XMAD:TES
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What is Akiles SE Change In Receivables?

Akiles SE XMAD:TES 4 Change In Receivables is €-0.88 Mil as of Dec. 2019. GuruFocus rates XMAD:TES with a GF Score™ of 4/100.

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  (XMAD:TES) 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

Akiles SE Change In Receivables Historical Data

* Premium members only.

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.

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
XMAD:TES
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Akiles Corp SE XMAD:TES
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of €-0.88 Mil mean?
Akiles SE (XMAD:TES) has a Change In Receivables of €-0.88 Mil as of Dec. 2019. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Akiles SE and its competitors.
Is Akiles SE's Change In Receivables too high?
Akiles SE's current Change In Receivables is €-0.88 Mil. Overall, Akiles SE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Akiles SE's Change In Receivables compare to WM and RSG?
Akiles SE's Change In Receivables of €-0.88 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Conglomerates company?
A good Change In Receivables depends on the Conglomerates industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Akiles SE and its competitors. Akiles SE's current Change In Receivables is €-0.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akiles SE stock overvalued right now?
Akiles SE (XMAD:TES) has a current Change In Receivables of €-0.88 Mil. The current Change In Receivables is €-0.88 Mil. Akiles SE's overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Akiles SE (XMAD:TES), the current Change In Receivables is €-0.88 Mil as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Akiles SE Business Description

Address VITOSHA Boulevard, Stolichna 68, 1st floor, Sofia, BGR, 1463
Akiles Corp SE is a conglomerate of businesses focused on the Infrastructure & Utilities and Tourism sectors that aims to consolidate its sales, profits and cash flows for the Group. The Company currently operates mainly in the Balkans, Spain and Greece.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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