Eurofins Scientific SE (Eurofins Scientific SE) Change In Receivables : $0 Mil (TTM As of Dec. 2023)

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What is Eurofins Scientific SE Change In Receivables?

Eurofins Scientific SE's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Eurofins Scientific SE's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Eurofins Scientific SE's change in receivables for the fiscal year that ended in Dec. 2023 was $-47 Mil. It means Eurofins Scientific SE's Accounts Receivable increased by $47 Mil from Dec. 2022 to Dec. 2023 .

Eurofins Scientific SE's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,170 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. Eurofins Scientific SE's Days Sales Outstanding for the six months ended in Dec. 2023 was 59.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eurofins Scientific SE's liquidation value for the six months ended in Dec. 2023 was $-3,987 Mil.

Eurofins Scientific SE Change In Receivables Historical Data

The historical data trend for Eurofins Scientific 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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Eurofins Scientific SE Change In Receivables Chart

Eurofins Scientific SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-161.89

-241.61

-228.25

84.64

-47.33

Eurofins Scientific SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Eurofins Scientific 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

Eurofins Scientific SE (OTCPK:ERFSF) 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.

Eurofins Scientific SE's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1169.902	/	3604.253	*	91
=	59.24

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

Eurofins Scientific SE'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)
=	1331.734	-	6271.756	+	0.75 * 1169.902	+	0.5 * 151.581
=	-3,987

Eurofins Scientific SE Change In Receivables Related Terms

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Eurofins Scientific SE (Eurofins Scientific SE) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ERFp:UK 0MV5:UK ERF:France ESF0:Germany

Address

23 Val Fleuri, Luxembourg, LUX, L-1526

Website

https://www.eurofins.com

Eurofins, headquartered in Luxembourg, is a decentralized network of life sciences companies that provide various analytical tests and laboratory services. These include tests to evaluate the safety, identity, composition, authenticity, purity, origin, and traceability of various biological substances and products. Eurofins operates over 900 laboratories in 61 countries. Its revenue from Europe, North America, and the Rest of the World contribute approximately 50%, 40%, and 10% of total revenue respectively. Its main business activities are food and environmental testing, biopharmaceutical services, diagnostic services and products, and consumer and technology products testing, which contribute approximately 40%, 30%, 20%, and 10% respectively.