Volvo Car AB (OSTO:VOLCAR B) Change In Receivables : kr-6,098 Mil (TTM As of Mar. 2024)

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What is Volvo Car AB Change In Receivables?

Volvo Car AB's change in receivables for the quarter that ended in Mar. 2024 was kr-6,670 Mil. It means Volvo Car AB's Accounts Receivable increased by kr6,670 Mil from Dec. 2023 to Mar. 2024 .

Volvo Car AB's change in receivables for the fiscal year that ended in Dec. 2023 was kr4,750 Mil. It means Volvo Car AB's Accounts Receivable declined by kr4,750 Mil from Dec. 2022 to Dec. 2023 .

Volvo Car AB's Accounts Receivable for the quarter that ended in Mar. 2024 was kr26,509 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. Volvo Car AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 25.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Volvo Car AB's liquidation value for the three months ended in Mar. 2024 was kr-133,158 Mil.

Volvo Car AB Change In Receivables Historical Data

The historical data trend for Volvo Car 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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Volvo Car AB Change In Receivables Chart

Volvo Car AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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694.00

-2,137.00

2,845.00

-776.00

4,750.00

Volvo Car AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial												4,178.00	-4,291.00	4,315.00	548.00	-6,670.00

Volvo Car 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-6,098 Mil.

Volvo Car AB (OSTO:VOLCAR B) 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.

Volvo Car 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
=	26509	/	93878	*	91
=	25.77

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

Volvo Car 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)
=	46062	-	235444	+	0.75 * 26509	+	0.5 * 72684
=	-133,158

Volvo Car AB Change In Receivables Related Terms

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Volvo Car AB (OSTO:VOLCAR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volvo Car AB (OSTO:VOLCAR B) » Definitions » Change In Receivables

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Traded in Other Exchanges

VLVCY:USA VLVOF:USA VOLCBs:UK 8JO:Germany

Address

VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31

Website

https://www.volvocars.com

Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

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