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NemakB de CV (NemakB de CV) Change In Receivables : $-39,879 Mil (TTM As of Mar. 2024)


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What is NemakB de CV Change In Receivables?

NemakB de CV's change in receivables for the quarter that ended in Mar. 2024 was $-34 Mil. It means NemakB de CV's Accounts Receivable increased by $34 Mil from Dec. 2023 to Mar. 2024 .

NemakB de CV's change in receivables for the fiscal year that ended in Dec. 2023 was $72 Mil. It means NemakB de CV's Accounts Receivable declined by $72 Mil from Dec. 2022 to Dec. 2023 .

NemakB de CV's Accounts Receivable for the quarter that ended in Mar. 2024 was $621 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. NemakB de CV's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NemakB de CV's liquidation value for the three months ended in Mar. 2024 was $-2,537 Mil.

NemakB de CV Change In Receivables Historical Data

The historical data trend for NemakB de CV'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.

* Premium members only.

NemakB de CV Change In Receivables Chart

NemakB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.12 -61.92 -49.12 -119.16 71.59

NemakB de CV 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -84.98 -39,845.00 - - -34.42

NemakB de CV 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 $-39,879 Mil.

* 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.

NemakB de CV  (OTCPK:NMAKF) 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.

NemakB de CV's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=620.757/1211.315*91
=46.76

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

NemakB de CV'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)
=262.738-3724.831+0.75 * 620.757+0.5 * 918.459
=-2,537

* 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.

NemakB de CV Change In Receivables Related Terms

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NemakB de CV (NemakB de CV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nemak SAB de CV (OTCPK:NMAKF) » Definitions » Change In Receivables
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GISSAA TSE:6902 MBLY TSE:5108 APTV XPAR:ML ISX:ASII XKRX:012330 TSX:MG SHSE:600660 XTER:CON LKQ SHSE:601689 SZSE:002920 TSE:7259 BWA XTER:HLE TSE:5802 ALV SHSE:600741
Traded in Other Exchanges
NEMAKA:Mexico
Address
Libramiento Arco Vial Km. 3.8, Garcia, Mexico, NL, MEX, 66000
Website
https://www.nemak.com
Nemak SAB de CV is a Mexican company that is active in the automotive industry. The company is engaged in the production of complex aluminum components for powertrain and body structure applications. Its product portfolio includes cylinder heads, engine blocks, transmission parts, structural parts, cargo floor reinforcement, reinforcement side members, transmission housing, shock tower, cross member, support bracket, frame rail, and other components. The company has business operations in Canada, the United States, Mexico, Brazil, Spain, Germany, Poland, Russia, India, China, and others. Nemak earns nearly half of its revenue from North America.