Spirax-Sarco Engineering (Spirax-Sarco Engineering) Change In Receivables : $16 Mil (TTM As of Dec. 2023)

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What is Spirax-Sarco Engineering Change In Receivables?

Spirax-Sarco Engineering's change in receivables for the quarter that ended in Dec. 2023 was $25 Mil. It means Spirax-Sarco Engineering's Accounts Receivable declined by $25 Mil from Jun. 2023 to Dec. 2023 .

Spirax-Sarco Engineering's change in receivables for the fiscal year that ended in Dec. 2023 was $16 Mil. It means Spirax-Sarco Engineering's Accounts Receivable declined by $16 Mil from Dec. 2022 to Dec. 2023 .

Spirax-Sarco Engineering's Accounts Receivable for the quarter that ended in Dec. 2023 was $379 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. Spirax-Sarco Engineering's Days Sales Outstanding for the six months ended in Dec. 2023 was 65.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Spirax-Sarco Engineering's liquidation value for the six months ended in Dec. 2023 was $-1,042 Mil.

Spirax-Sarco Engineering Change In Receivables Historical Data

The historical data trend for Spirax-Sarco Engineering'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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Spirax-Sarco Engineering Change In Receivables Chart

Spirax-Sarco Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.15

20.30

-94.81

-68.58

15.95

Spirax-Sarco Engineering 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															-56.52	-44.70	-24.36	-8.84	24.81

Spirax-Sarco Engineering 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 $16 Mil.

Spirax-Sarco Engineering (OTCPK:SPXSF) 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.

Spirax-Sarco Engineering's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	379.494	/	1052.911	*	91
=	65.78

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

Spirax-Sarco Engineering'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)
=	455.316	-	1962.911	+	0.75 * 379.494	+	0.5 * 361.013
=	-1,042

Spirax-Sarco Engineering Change In Receivables Related Terms

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Spirax-Sarco Engineering (Spirax-Sarco Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spirax-Sarco Engineering PLC (OTCPK:SPXSF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SPXSY:USA SPXl:UK SPX:UK 1LNB:Germany

Address

Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER

Website

https://www.spiraxsarcoengineering.com

Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax-Sarco Engineering (Spirax-Sarco Engineering) Headlines

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