Ferronordic AB (OSTO:FNM) Change In Receivables : kr-55 Mil (TTM As of Mar. 2024)

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What is Ferronordic AB Change In Receivables?

Ferronordic AB's change in receivables for the quarter that ended in Mar. 2024 was kr-18 Mil. It means Ferronordic AB's Accounts Receivable increased by kr18 Mil from Dec. 2023 to Mar. 2024 .

Ferronordic AB's change in receivables for the fiscal year that ended in Dec. 2023 was kr-50 Mil. It means Ferronordic AB's Accounts Receivable increased by kr50 Mil from Dec. 2022 to Dec. 2023 .

Ferronordic AB's Accounts Receivable for the quarter that ended in Mar. 2024 was kr678 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. Ferronordic AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ferronordic AB's liquidation value for the three months ended in Mar. 2024 was kr-1,809 Mil.

Ferronordic AB Change In Receivables Historical Data

The historical data trend for Ferronordic AB'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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Ferronordic AB Change In Receivables Chart

Ferronordic AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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70.52

-175.00

19.00

341.00

-50.00

Ferronordic AB 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															-12.00	95.00	-42.00	-90.00	-18.00

Ferronordic AB 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 kr-55 Mil.

Ferronordic AB (OSTO:FNM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	678	/	1172	*	91
=	52.79

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

Ferronordic AB'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)
=	217	-	3378	+	0.75 * 678	+	0.5 * 1687
=	-1,809

Ferronordic AB Change In Receivables Related Terms

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Ferronordic AB (OSTO:FNM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Ferronordic AB (OSTO:FNM) » Definitions » Change In Receivables

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Traded in Other Exchanges

AA4:Germany

Address

Nybrogatan 6, Stockholm, SWE, SE114 34

Website

https://www.ferronordic.com

Ferronordic AB is engaged in sales, rents, and services of construction equipment and other machinery. The company is authorized dealer of Volvo Construction Equipment, Terex Trucks, Dressta, Mecalac and Rottne and also appointed as aftermarket dealer for Volvo and Renault Trucks and dealer for Volvo Penta. The Group has two reporting segments: Germany and CIS (the Commonwealth of Independent States). The Germany segment comprises comprises of sales of new and used trucks, aftermarket sales, rental, and other services in Germany. CIS comprises of sales of new and used construction and other equipment, aftermarket sales, rental, contracting services and other services in CIS and currently only in Kazakhstan.

Ferronordic AB (OSTO:FNM) Headlines

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