Coface (XPAR:COFA) Change In Receivables : €-198 Mil (TTM As of Mar. 2024)

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What is Coface Change In Receivables?

Coface's change in receivables for the quarter that ended in Mar. 2024 was €-131 Mil. It means Coface's Accounts Receivable increased by €131 Mil from Sep. 2023 to Mar. 2024 .

Coface's change in receivables for the fiscal year that ended in Dec. 2022 was €-225 Mil. It means Coface's Accounts Receivable increased by €225 Mil from Dec. 2021 to Dec. 2022 .

Coface's Accounts Receivable for the quarter that ended in Mar. 2024 was €3,095 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. Coface's Days Sales Outstanding for the three months ended in Mar. 2024 was 680.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Coface's liquidation value for the three months ended in Mar. 2024 was €-553 Mil.

Coface Change In Receivables Historical Data

The historical data trend for Coface'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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Coface Change In Receivables Chart

Coface Annual Data

Trend

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Dec22

Change In Receivables

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2.61

167.13

-6.32

-366.70

-224.89

Coface Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															47.93	-61.25	-113.51	46.45	-130.57

Coface 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 €-198 Mil.

Coface (XPAR:COFA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3095.249	/	414.895	*	91
=	680.75

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

Coface'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)
=	2977.89	-	5852.249	+	0.75 * 3095.249	+	0.5 * 0
=	-553

Coface Change In Receivables Related Terms

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Coface (XPAR:COFA) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Coface SA (XPAR:COFA) » Definitions » Change In Receivables

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Traded in Other Exchanges

COFAF:USA CFACY:USA 0QVK:UK 65C:Germany

Address

1, place Costes et Bellonte, CS 20003, Bois-Colombes, FRA, 92270

Website

https://www.coface.com

Coface SA is a property and casualty insurance company. The vast majority of its revenue is generated by its group reinsurance business. Most of the company's sales are generated in Europe. The company offers credit insurance products to protect companies against potentially uncollected payments from their customers. Coface's strategy focuses on risk management. The company considers merger and acquisition investment as a component of its operational growth strategy.

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