Lenzing AG (STU:LEN) Change In Receivables : €82 Mil (TTM As of Mar. 2024)

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What is Lenzing AG Change In Receivables?

Lenzing AG's change in receivables for the quarter that ended in Mar. 2024 was €-4 Mil. It means Lenzing AG's Accounts Receivable increased by €4 Mil from Dec. 2023 to Mar. 2024 .

Lenzing AG's change in receivables for the fiscal year that ended in Dec. 2023 was €35 Mil. It means Lenzing AG's Accounts Receivable declined by €35 Mil from Dec. 2022 to Dec. 2023 .

Lenzing AG's Accounts Receivable for the quarter that ended in Mar. 2024 was €316 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. Lenzing AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Lenzing AG's liquidation value for the three months ended in Mar. 2024 was €-2,300 Mil.

Lenzing AG Change In Receivables Historical Data

The historical data trend for Lenzing 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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Lenzing AG Change In Receivables Chart

Lenzing AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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30.50

-38.36

-75.12

10.58

34.75

Lenzing 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															-50.50	9.10	30.00	46.15	-3.70

Lenzing 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 €82 Mil.

Lenzing AG (STU:LEN) 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.

Lenzing 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
=	315.8	/	658.4	*	91
=	43.77

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

Lenzing 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)
=	827.7	-	3635.2	+	0.75 * 315.8	+	0.5 * 540.7
=	-2,300

Lenzing AG Change In Receivables Related Terms

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Lenzing AG (STU:LEN) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lenzing AG (STU:LEN) » Definitions » Change In Receivables

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LNZNF:USA 0NCV:UK LEN:Germany LNZ:Austria

Address

Werkstrasse 2, Lenzing, AUT, 4860

Website

https://www.lenzing.com

Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.