Ernst Russ AG (XTER:HXCK) Change In Receivables : €0.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Ernst Russ AG Change In Receivables?

Ernst Russ AG's change in receivables for the quarter that ended in Dec. 2023 was €0.0 Mil. It means Ernst Russ AG's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Ernst Russ AG's change in receivables for the fiscal year that ended in Dec. 2023 was €0.0 Mil. It means Ernst Russ AG's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Ernst Russ AG's Accounts Receivable for the quarter that ended in Dec. 2023 was €2.7 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. Ernst Russ AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 4.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ernst Russ AG's liquidation value for the three months ended in Dec. 2023 was €-9.7 Mil.

Ernst Russ AG Change In Receivables Historical Data

The historical data trend for Ernst Russ 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.

* Premium members only.

Ernst Russ AG Change In Receivables Chart

Ernst Russ AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

Ernst Russ AG Quarterly Data
	Jun18	Dec18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Ernst Russ 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

Ernst Russ AG (XTER:HXCK) 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.

Ernst Russ AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.661	/	53.369	*	91
=	4.55

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

Ernst Russ AG's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	67.301	-	80.183	+	0.75 * 2.661	+	0.5 * 2.456
=	-9.7

Ernst Russ AG Change In Receivables Related Terms

Thank you for viewing the detailed overview of Ernst Russ AG's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Ernst Russ AG (XTER:HXCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ernst Russ AG (XTER:HXCK) » Definitions » Change In Receivables

Traded in Other Exchanges

HXCK:Germany HXCK:Germany HXCK:Germany

Address

Elbchaussee 370, Hamburg, DEU, Elbchaussee 370

Website

https://www.ernst-russ.de

Ernst Russ AG is a principal investment firm specializing in fund of fund investments. It operates in the Shipping and Alternative Investment segment. Within the Shipping segment, it focuses on structuring and asset management of investment vehicles for ships on its own behalf and on behalf of third parties. The Asset Classes , life insurance , secondary market and aircraft are managed in the Alternative Investments segment. The firm's majority of revenue comes from Germany through the shipping segment.

Executives

Robert Lorenz-meyer	Supervisory Board
Robert Gärtner	Board of Directors
Ingo Kuhlmann	Supervisory Board
Alexander Stuhlmann	Supervisory Board

Ernst Russ AG (XTER:HXCK) Headlines

No Headlines