Gerresheimer AG (XTER:GXI) Change In Receivables : €-2 Mil (TTM As of Feb. 2024)

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What is Gerresheimer AG Change In Receivables?

Gerresheimer AG's change in receivables for the quarter that ended in Feb. 2024 was €-5 Mil. It means Gerresheimer AG's Accounts Receivable increased by €5 Mil from Nov. 2023 to Feb. 2024 .

Gerresheimer AG's change in receivables for the fiscal year that ended in Nov. 2023 was €-10 Mil. It means Gerresheimer AG's Accounts Receivable increased by €10 Mil from Nov. 2022 to Nov. 2023 .

Gerresheimer AG's Accounts Receivable for the quarter that ended in Feb. 2024 was €283 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. Gerresheimer AG's Days Sales Outstanding for the three months ended in Feb. 2024 was 55.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gerresheimer AG's liquidation value for the three months ended in Feb. 2024 was €-1,496 Mil.

Gerresheimer AG Change In Receivables Historical Data

The historical data trend for Gerresheimer AG'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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Gerresheimer AG Change In Receivables Chart

Gerresheimer AG Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

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44.27

-9.81

3.49

-44.99

-10.16

Gerresheimer AG Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-14.13	-7.03	3.41	7.58	-5.48

Gerresheimer AG 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2 Mil.

Gerresheimer AG (XTER:GXI) 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.

Gerresheimer AG's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	282.516	/	466.138	*	91
=	55.30

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

Gerresheimer AG's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	123.17	-	2007.035	+	0.75 * 282.516	+	0.5 * 350.999
=	-1,496

Gerresheimer AG Change In Receivables Related Terms

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Gerresheimer AG (XTER:GXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Gerresheimer AG (XTER:GXI) » Definitions » Change In Receivables

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Traded in Other Exchanges

GXId:UK 0NTI:UK GXI:Germany GXI:Germany GXI:Germany GXI:Austria

Address

Klaus-Bungert-Strasse 4, Duesseldorf, NW, DEU, 40468

Website

https://www.gerresheimer.com

Gerresheimer AG provides medicine packaging, drug delivery devices, and solutions with a product range for pharma, health, well-being, and biotech. The firm operates in three segments: The plastics and devices segment consists of products for simple and safe drug delivery along with packaging for liquid and solid medicines, The primary packaging glass segment produces glass packaging products for the pharma and cosmetics industries also for food and beverage industry and The advanced technologies segment works on technical and digital solutions to improve the therapy outcome for patients. The company generates the majority of its revenue in Europe, with sales in Germany contributing the major proportion of any country.

Executives

Dietmar Siemssen	Board of Directors
Dr. Lukas Burkhardt	Board of Directors
Andrea Abt	Supervisory Board

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