Mercedes-Benz Group AG (Mercedes-Benz Group AG) Change In Receivables : $-5,556 Mil (TTM As of Mar. 2024)

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What is Mercedes-Benz Group AG Change In Receivables?

Mercedes-Benz Group AG's change in receivables for the quarter that ended in Mar. 2024 was $925 Mil. It means Mercedes-Benz Group AG's Accounts Receivable declined by $925 Mil from Dec. 2023 to Mar. 2024 .

Mercedes-Benz Group AG's change in receivables for the fiscal year that ended in Dec. 2023 was $-7,036 Mil. It means Mercedes-Benz Group AG's Accounts Receivable increased by $7,036 Mil from Dec. 2022 to Dec. 2023 .

Mercedes-Benz Group AG's Accounts Receivable for the quarter that ended in Mar. 2024 was $41,687 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. Mercedes-Benz Group AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 97.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mercedes-Benz Group AG's liquidation value for the three months ended in Mar. 2024 was $-107,914 Mil.

Mercedes-Benz Group AG Change In Receivables Historical Data

The historical data trend for Mercedes-Benz Group AG'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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Mercedes-Benz Group AG Change In Receivables Chart

Mercedes-Benz Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-6,851.11

6,761.56

5,996.61

-1,606.99

-7,035.99

Mercedes-Benz Group AG 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															-502.14	-2,033.59	-1,392.74	-3,054.53	925.00

Mercedes-Benz Group AG 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 $-5,556 Mil.

Mercedes-Benz Group AG (OTCPK:MBGYY) 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.

Mercedes-Benz Group AG's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	41686.957	/	38992.391	*	91
=	97.56

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

Mercedes-Benz Group AG'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)
=	30276.087	-	185131.522	+	0.75 * 41686.957	+	0.5 * 31352.174
=	-107,914

Mercedes-Benz Group AG Change In Receivables Related Terms

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Mercedes-Benz Group AG (Mercedes-Benz Group AG) Business Description

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Address

Mercedesstrasse 120, Stuttgart, BW, DEU, 70372

Website

https://www.daimler.com

Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).