SIMAT (XPAR:MLMAT) Change In Receivables : €-4.84 Mil (TTM As of Dec. 2017)

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What is SIMAT Change In Receivables?

SIMAT's change in receivables for the quarter that ended in Dec. 2017 was €-4.84 Mil. It means SIMAT's Accounts Receivable increased by €4.84 Mil from Dec. 2016 to Dec. 2017 .

SIMAT's change in receivables for the fiscal year that ended in Dec. 2017 was €-4.84 Mil. It means SIMAT's Accounts Receivable increased by €4.84 Mil from Dec. 2016 to Dec. 2017 .

SIMAT's Accounts Receivable for the quarter that ended in Dec. 2017 was €12.51 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. SIMAT's Days Sales Outstanding for the six months ended in Dec. 2017 was 172.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SIMAT's liquidation value for the six months ended in Dec. 2017 was €-40.61 Mil.

SIMAT Change In Receivables Historical Data

The historical data trend for SIMAT'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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SIMAT Change In Receivables Chart

SIMAT Annual Data

Trend

Dec16

Dec17

Change In Receivables

-4.84

SIMAT Semi-Annual Data
	Dec16	Dec17
Change In Receivables	-	-4.84

SIMAT 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2017 was €-4.84 Mil.

SIMAT (XPAR:MLMAT) 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.

SIMAT's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.51	/	13.252	*	91
=	172.28

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

SIMAT's liquidation value for the quarter that ended in Dec. 2017 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.979	-	50.974	+	0.75 * 12.51	+	0.5 * 0
=	-40.61

SIMAT Change In Receivables Related Terms

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SIMAT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SIMAT (XPAR:MLMAT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Z.I. Vridi 15 Rue des Petroliers, 15 BP 648, Région des lagunes, Abidjan, CIV, 15

Website

https://www.simat.ci

SIMAT operates in the fields of transport auxiliaries while offering a range of integrated services for global services and personalized monitoring of its customers. Its services include handling, transportation, transit, and consignment.

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