Sitowise Group (OHEL:SITOWS) Change In Receivables : €2.3 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Sitowise Group Change In Receivables?

Sitowise Group's change in receivables for the quarter that ended in Mar. 2024 was €3.4 Mil. It means Sitowise Group's Accounts Receivable declined by €3.4 Mil from Dec. 2023 to Mar. 2024 .

Sitowise Group's change in receivables for the fiscal year that ended in Dec. 2023 was €2.8 Mil. It means Sitowise Group's Accounts Receivable declined by €2.8 Mil from Dec. 2022 to Dec. 2023 .

Sitowise Group's Accounts Receivable for the quarter that ended in Mar. 2024 was €55.2 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. Sitowise Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 97.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sitowise Group's liquidation value for the three months ended in Mar. 2024 was €-97.6 Mil.

Sitowise Group Change In Receivables Historical Data

The historical data trend for Sitowise Group'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.

Sitowise Group Change In Receivables Chart

Sitowise Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-2.19

-0.70

-4.18

-6.42

2.84

Sitowise Group Quarterly Data
	Dec18	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														3.94	0.05	1.92	-3.07	3.41

Sitowise Group 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 €2.3 Mil.

Sitowise Group (OHEL:SITOWS) 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.

Sitowise Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	55.184	/	51.483	*	91
=	97.81

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

Sitowise Group'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)
=	14.245	-	153.267	+	0.75 * 55.184	+	0.5 * 0
=	-97.6

Sitowise Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Sitowise Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Sitowise Group (OHEL:SITOWS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sitowise Group PLC (OHEL:SITOWS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

1FT:Germany

Address

Linnoitustie 6 D, Espoo, FIN, 02600

Website

https://www.sitowise.com

Sitowise Group PLC is a Nordic expert in the built environment that offers sustainable design and consulting services. The company operates in various size projects to enable more responsible and smarter urban development as well as smooth transportation. Sitowise offers its services in Buildings, Infrastructure and Digital Solution areas.

Sitowise Group (OHEL:SITOWS) Headlines

No Headlines