Ericsson Nikola Tesla dd (ZAG:ERNT) Change In Receivables : €6.9 Mil (TTM As of Mar. 2024)

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What is Ericsson Nikola Tesla dd Change In Receivables?

Ericsson Nikola Tesla dd's change in receivables for the quarter that ended in Mar. 2024 was €13.2 Mil. It means Ericsson Nikola Tesla dd's Accounts Receivable declined by €13.2 Mil from Sep. 2023 to Mar. 2024 .

Ericsson Nikola Tesla dd's change in receivables for the fiscal year that ended in Dec. 2022 was €-6.3 Mil. It means Ericsson Nikola Tesla dd's Accounts Receivable increased by €6.3 Mil from Dec. 2021 to Dec. 2022 .

Ericsson Nikola Tesla dd's Accounts Receivable for the quarter that ended in Mar. 2024 was €15.1 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. Ericsson Nikola Tesla dd's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ericsson Nikola Tesla dd's liquidation value for the three months ended in Mar. 2024 was €-10.2 Mil.

Ericsson Nikola Tesla dd Change In Receivables Historical Data

The historical data trend for Ericsson Nikola Tesla dd'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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Ericsson Nikola Tesla dd Change In Receivables Chart

Ericsson Nikola Tesla dd Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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11.50

-7.51

7.22

1.28

-6.34

Ericsson Nikola Tesla dd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-5.58	-0.93	4.04	-10.38	13.20

Ericsson Nikola Tesla dd 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 €6.9 Mil.

Ericsson Nikola Tesla dd (ZAG:ERNT) 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.

Ericsson Nikola Tesla dd's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	15.111	/	51.988	*	91
=	26.52

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

Ericsson Nikola Tesla dd'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)
=	76.752	-	105.568	+	0.75 * 15.111	+	0.5 * 14.495
=	-10.2

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Ericsson Nikola Tesla dd (ZAG:ERNT) Business Description

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Address

Krapinska 45, PO Box 93, Zagreb, HRV, 10002

Website

https://www.ericsson.com

Ericsson Nikola Tesla dd is a provider of communication products and services and ICT solutions related to healthcare, national and public safety, state administration, transport, utilities, and multimedia communication. The company's activities include marketing and sales, research and development, design of total communication solutions, services in multi-service and mobile networks area, including mobile Internet and complex system integration in all business areas. It operates in four segments Networks, Digital Services, Managed Services, and Others.

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