TIM (TIMB) Change In Receivables : $-155 Mil (TTM As of Sep. 2023)

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What is TIM Change In Receivables?

TIM's change in receivables for the quarter that ended in Sep. 2023 was $-230 Mil. It means TIM's Accounts Receivable increased by $230 Mil from Jun. 2023 to Sep. 2023 .

TIM's change in receivables for the fiscal year that ended in Dec. 2022 was $54 Mil. It means TIM's Accounts Receivable declined by $54 Mil from Dec. 2021 to Dec. 2022 .

TIM's Accounts Receivable for the quarter that ended in Sep. 2023 was $0 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. TIM's Days Sales Outstanding for the three months ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TIM's liquidation value for the three months ended in Sep. 2023 was $0 Mil.

TIM Change In Receivables Historical Data

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

TIM Annual Data

Trend

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Dec21

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Dec23

Change In Receivables

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-640.37

169.27

14.33

54.15

-159.47

TIM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-17.48	-25.40	143.80	-230.46	-42.63

TIM 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-155 Mil.

TIM (NYSE:TIMB) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	1226.096	*	91
=	0.00

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0	+	0.75 * 0	+	0.5 * 0
=	0

TIM Change In Receivables Related Terms

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TIM (TIMB) Business Description

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TIMS3:Brazil

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.