Believe (XPAR:BLV) Change In Receivables : €0.0 Mil (TTM As of Jun. 2023)

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What is Believe Change In Receivables?

Believe's change in receivables for the quarter that ended in Jun. 2023 was €0.0 Mil. It means Believe's Accounts Receivable stayed the same from Dec. 2022 to Jun. 2023 .

Believe's change in receivables for the fiscal year that ended in Dec. 2022 was €0.0 Mil. It means Believe's Accounts Receivable stayed the same from Dec. 2021 to Dec. 2022 .

Believe's Accounts Receivable for the quarter that ended in Jun. 2023 was €174.9 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. Believe's Days Sales Outstanding for the six months ended in Jun. 2023 was 76.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Believe's liquidation value for the six months ended in Jun. 2023 was €-338.6 Mil.

Believe Change In Receivables Historical Data

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

Believe Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-41.23

-54.81

Believe Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial				-	-	-	-	-

Believe 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Believe (XPAR:BLV) 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.

Believe's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	174.941	/	415.418	*	91
=	76.85

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

Believe's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	212.085	-	685.028	+	0.75 * 174.941	+	0.5 * 6.191
=	-338.6

Believe Change In Receivables Related Terms

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Believe (XPAR:BLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Believe SA (XPAR:BLV) » Definitions » Change In Receivables

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Traded in Other Exchanges

8T6:Germany

Address

24 rue Toulouse Lautrec, Paris, FRA, 75017

Website

https://www.believemusic.com

Believe SA specializes in the sale and promotion of audio and video content from artists and independent labels. The Company has identified two operating segments which is Premium Solutions and Automated Solutions. Premium solutions this consists mainly of the sale, promotion and delivery of digital content provided by artists and labels for which the Group is responsible for developing their catalog on digital platforms and social media, as appropriate, using a split revenue model. Automated Solutions whereby the Group enablesartists, via its TuneCore digital platform, to distribute their audio content in an automated manner to streaming and social media platforms in return for a subscription fee or margin. The company generated majority of its revenue from Premium Solutions.

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