2G Energy AG (XTER:2GB) Change In Receivables : €-1.2 Mil (TTM As of Dec. 2023)

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What is 2G Energy AG Change In Receivables?

2G Energy AG's change in receivables for the quarter that ended in Dec. 2023 was €-14.8 Mil. It means 2G Energy AG's Accounts Receivable increased by €14.8 Mil from Jun. 2023 to Dec. 2023 .

2G Energy AG's change in receivables for the fiscal year that ended in Dec. 2023 was €-1.2 Mil. It means 2G Energy AG's Accounts Receivable increased by €1.2 Mil from Dec. 2022 to Dec. 2023 .

2G Energy AG's Accounts Receivable for the quarter that ended in Dec. 2023 was €58.5 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. 2G Energy AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 46.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. 2G Energy AG's liquidation value for the six months ended in Dec. 2023 was €20.2 Mil.

2G Energy AG Change In Receivables Historical Data

The historical data trend for 2G Energy 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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2G Energy AG Change In Receivables Chart

2G Energy AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-5.14

-5.13

-0.69

-13.45

-1.19

2G Energy AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-7.76	2.82	-16.26	13.63	-14.82

2G Energy 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.2 Mil.

2G Energy AG (XTER:2GB) 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.

2G Energy AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	58.549	/	229.521	*	91
=	46.55

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

2G Energy AG's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12.565	-	103.463	+	0.75 * 58.549	+	0.5 * 134.449
=	20.2

2G Energy AG Change In Receivables Related Terms

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2G Energy AG (XTER:2GB) Business Description

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2GB:Germany 2GB:Germany

Address

Benzstrasse 3, Heek, NW, DEU, 48619

Website

https://www.2-g.de

2G Energy AG is a Germany based company manufacturer and provider of decentralized energy supply systems. The group through development, production, and technical installation, as well as digital grid integration, combined heat and power systems (CHP), offers comprehensive solutions for combined heat and power generation. The product range of the company includes CHP modules for operation deploying natural gas, biogas, other lean gases, and hydrogen. The company's products have applications in sectors like Chemical and pharmaceutical industries, Horticultural, shopping centers, landfills, hotels, heating networks, swimming pools, and others. The group has business operations in Germany and internationally, of which the majority of the revenue is derived from the operations in Germany.

Executives

Dr. Lukas Lenz

Supervisory Board

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