GFT Technologies SE (XTER:GFT) Change In Receivables : €-11.0 Mil (TTM As of Mar. 2024)

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What is GFT Technologies SE Change In Receivables?

GFT Technologies SE's change in receivables for the quarter that ended in Mar. 2024 was €9.6 Mil. It means GFT Technologies SE's Accounts Receivable declined by €9.6 Mil from Dec. 2023 to Mar. 2024 .

GFT Technologies SE's change in receivables for the fiscal year that ended in Dec. 2023 was €-11.8 Mil. It means GFT Technologies SE's Accounts Receivable increased by €11.8 Mil from Dec. 2022 to Dec. 2023 .

GFT Technologies SE's Accounts Receivable for the quarter that ended in Mar. 2024 was €150.2 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. GFT Technologies SE's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GFT Technologies SE's liquidation value for the three months ended in Mar. 2024 was €-207.2 Mil.

GFT Technologies SE Change In Receivables Historical Data

The historical data trend for GFT Technologies 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.

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GFT Technologies SE Change In Receivables Chart

GFT Technologies SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-20.28

26.82

-44.69

-26.67

-11.81

GFT Technologies SE 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															8.83	-14.05	-5.16	-1.42	9.64

GFT Technologies 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-11.0 Mil.

GFT Technologies SE (XTER:GFT) 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.

GFT Technologies SE's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	150.163	/	212.39	*	91
=	64.52

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

GFT Technologies SE'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)
=	70.121	-	391.401	+	0.75 * 150.163	+	0.5 * 2.96
=	-207.2

GFT Technologies SE Change In Receivables Related Terms

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GFT Technologies SE (XTER:GFT) Business Description

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GFT:Austria

Address

Schelmenwasenstrasse 34, Stuttgart, BW, DEU, 70567

Website

https://www.gft.com/int/en

GFT Technologies SE is engaged in shaping the digital transformation of companies in the financial and insurance sectors, as well as in the manufacturing industry. As an IT service provider and developer of digital solutions, It offers consulting, development, and implementation skills across all aspects of pioneering technologies from cloud engineering to artificial intelligence and blockchain/DLT. The company has two operating segments; The Americas, UK & APAC comprises operating companies in the following countries: Brazil Costa Rica, Singapore, Hong Kong, the United Kingdom, the United States of America, Canada, Vietnam, and Mexico, and Continental Europe comprises operating companies in the following countries: Belgium, Poland, Germany, Switzerland, France, Spain, and Italy.

Executives

Dr. Jochen Ruetz

Managing Director (CFO) and Member of the Administrative Board

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