ZEAL Network SE (XTER:TIMA) Change In Receivables : €-0.9 Mil (TTM As of Mar. 2024)

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What is ZEAL Network SE Change In Receivables?

ZEAL Network SE's change in receivables for the quarter that ended in Mar. 2024 was €0.1 Mil. It means ZEAL Network SE's Accounts Receivable declined by €0.1 Mil from Dec. 2023 to Mar. 2024 .

ZEAL Network SE's change in receivables for the fiscal year that ended in Dec. 2023 was €-1.2 Mil. It means ZEAL Network SE's Accounts Receivable increased by €1.2 Mil from Dec. 2022 to Dec. 2023 .

ZEAL Network SE's Accounts Receivable for the quarter that ended in Mar. 2024 was €2.5 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. ZEAL Network SE's Days Sales Outstanding for the three months ended in Mar. 2024 was 6.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ZEAL Network SE's liquidation value for the three months ended in Mar. 2024 was €-40.2 Mil.

ZEAL Network SE Change In Receivables Historical Data

The historical data trend for ZEAL Network 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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ZEAL Network SE Change In Receivables Chart

ZEAL Network SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.56

-0.05

-0.49

0.36

-1.21

ZEAL Network 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															-0.18	-0.71	-0.32	-	0.12

ZEAL Network 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 €-0.9 Mil.

ZEAL Network SE (XTER:TIMA) 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.

ZEAL Network 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
=	2.524	/	36.1	*	91
=	6.38

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

ZEAL Network 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)
=	97.709	-	139.83	+	0.75 * 2.524	+	0.5 * 0
=	-40.2

ZEAL Network SE Change In Receivables Related Terms

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ZEAL Network SE (XTER:TIMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » ZEAL Network SE (XTER:TIMA) » Definitions » Change In Receivables

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Traded in Other Exchanges

TIM:Germany TIMA:Germany TIMA:Germany

Address

Strassenbahnring 11, Hamburg, NI, DEU, 20251

Website

https://www.zealnetwork.de

ZEAL Network SE is a holding company specialized in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The Germany operating segment comprises the results of the online lottery brokerage business and the Group's charity lotteries in Germany. The Other segment comprises the online lottery operation for the charitable org ONCE in Spain and investment in early-stage start-ups under Zeal ventures. The majority of revenue is derived from the Germany segment.

Executives

Sönke Martens	Board of Directors
Dr. Helmut Wilhelm Becker	Board of Directors
Jonas Mattsson	Board of Directors
Peter Steiner	Supervisory Board
Frank Strauß	Supervisory Board
Oliver Jaster	Supervisory Board

ZEAL Network SE (XTER:TIMA) Headlines

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