Freetrailer Group A/S (XSAT:FREETR) Change In Receivables : kr3.23 Mil (TTM As of Mar. 2024)

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What is Freetrailer Group A/S Change In Receivables?

Freetrailer Group A/S's change in receivables for the quarter that ended in Mar. 2024 was kr6.09 Mil. It means Freetrailer Group A/S's Accounts Receivable declined by kr6.09 Mil from Dec. 2023 to Mar. 2024 .

Freetrailer Group A/S's change in receivables for the fiscal year that ended in Jun. 2023 was kr-2.61 Mil. It means Freetrailer Group A/S's Accounts Receivable increased by kr2.61 Mil from Jun. 2022 to Jun. 2023 .

Freetrailer Group A/S's Accounts Receivable for the quarter that ended in Mar. 2024 was kr2.76 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. Freetrailer Group A/S's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Freetrailer Group A/S's liquidation value for the three months ended in Mar. 2024 was kr14.40 Mil.

Freetrailer Group A/S Change In Receivables Historical Data

The historical data trend for Freetrailer Group A/S'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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Freetrailer Group A/S Change In Receivables Chart

Freetrailer Group A/S Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-0.95

-0.58

-6.51

1.43

-2.61

Freetrailer Group A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															0.90	-1.07	-0.93	-0.86	6.09

Freetrailer Group A/S 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr3.23 Mil.

Freetrailer Group A/S (XSAT:FREETR) 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.

Freetrailer Group A/S's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.761	/	22.433	*	91
=	11.23

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

Freetrailer Group A/S's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	29.799	-	18.542	+	0.75 * 2.761	+	0.5 * 2.144
=	14.40

Freetrailer Group A/S Change In Receivables Related Terms

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Freetrailer Group A/S (XSAT:FREETR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Freetrailer Group A/S (XSAT:FREETR) » Definitions » Change In Receivables

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Traded in Other Exchanges

R0C:Germany

Address

Mollevej 67-69, Gladsaxe, Soborg, DNK, 2860

Website

https://www.freetrailer.com

Freetrailer Group A/S is a Danish tech company that allows people to hire different types of trailers and cargo bikes on a rental basis through its technology platform. Some of the products that people can hire through its platform are Closed trailer, Open trailer, Open 2 axle trailer and Trio eBike.

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