Novem Group (XTER:NVM) Change In Receivables : €10.4 Mil (TTM As of Sep. 2024)

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What is Novem Group Change In Receivables?

Novem Group's change in receivables for the quarter that ended in Sep. 2024 was €4.7 Mil. It means Novem Group's Accounts Receivable declined by €4.7 Mil from Jun. 2024 to Sep. 2024 .

Novem Group's change in receivables for the fiscal year that ended in Mar. 2024 was €2.1 Mil. It means Novem Group's Accounts Receivable declined by €2.1 Mil from Mar. 2023 to Mar. 2024 .

Novem Group's Accounts Receivable for the quarter that ended in Sep. 2024 was €43.0 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. Novem Group's Days Sales Outstanding for the three months ended in Sep. 2024 was 28.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Novem Group's liquidation value for the three months ended in Sep. 2024 was €-260.2 Mil.

Novem Group Change In Receivables Historical Data

The historical data trend for Novem Group'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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Novem Group Change In Receivables Chart

Novem Group Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Change In Receivables

8.87

19.97

-9.44

2.12

Novem Group Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial												5.02	3.40	3.32	-1.00	4.72

Novem Group 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €10.4 Mil.

Novem Group (XTER:NVM) 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.

Novem Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	42.952	/	139.37	*	91
=	28.12

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

Novem Group's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	132.436	-	474.664	+	0.75 * 42.952	+	0.5 * 99.695
=	-260.2

Novem Group Change In Receivables Related Terms

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Novem Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Novem Group SA (XTER:NVM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

0ABP:UK

Address

Industriestrasse 45, Vorbach, DEU, 95519

Website

https://www.novem.com

Novem Group SA operates as a developer, supplier, and system supplier for trim parts and decorative functional elements in vehicle interiors. The products of the company are central consoles, dashboards, beltlines, and others. The company operates in three reportable geographical segments namely Europe, Americas, and Asia. The business activities of these segments includes the production, processing, and sale of high quality trims and decorative functional elements in vehicle interiors.

Executives

Frank Schmitt	Board of Directors
Christine Maria Hollmann	Board of Directors
Dr. Johannes Burtscher	Board of Directors
Günter Brenner	Board of Directors

Novem Group Headlines

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