Vitesco Technologies Group AG (XTER:VTSC) Change In Receivables : €-22 Mil (TTM As of Dec. 2023)

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What is Vitesco Technologies Group AG Change In Receivables?

Vitesco Technologies Group AG's change in receivables for the quarter that ended in Dec. 2023 was €13 Mil. It means Vitesco Technologies Group AG's Accounts Receivable declined by €13 Mil from Sep. 2023 to Dec. 2023 .

Vitesco Technologies Group AG's change in receivables for the fiscal year that ended in Dec. 2023 was €-22 Mil. It means Vitesco Technologies Group AG's Accounts Receivable increased by €22 Mil from Dec. 2022 to Dec. 2023 .

Vitesco Technologies Group AG's Accounts Receivable for the quarter that ended in Dec. 2023 was €1,593 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. Vitesco Technologies Group AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vitesco Technologies Group AG's liquidation value for the three months ended in Dec. 2023 was €-2,098 Mil.

Vitesco Technologies Group AG Change In Receivables Historical Data

The historical data trend for Vitesco Technologies Group 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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Vitesco Technologies Group AG Change In Receivables Chart

Vitesco Technologies Group AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-859.20

-548.00

554.40

-178.30

-22.00

Vitesco Technologies Group AG Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial												-61.60	-45.80	-76.80	87.90	12.70

Vitesco Technologies Group 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 quarterly data reported by the company within the most recent 12 months, which was €-22 Mil.

Vitesco Technologies Group AG (XTER:VTSC) 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.

Vitesco Technologies Group 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
=	1592.7	/	2278	*	91
=	63.80

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

Vitesco Technologies Group 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)
=	1027	-	4731.8	+	0.75 * 1592.7	+	0.5 * 825.1
=	-2,098

Vitesco Technologies Group AG Change In Receivables Related Terms

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Vitesco Technologies Group AG (XTER:VTSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vitesco Technologies Group AG (XTER:VTSC) » Definitions » Change In Receivables

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Traded in Other Exchanges

VTSCF:USA VTSCY:USA 0AAF:UK VTS:Germany VTS:Germany VTSC:Germany VTSC:Austria

Address

Siemensstrase 12, Regensburg, BY, DEU, 93055

Website

https://www.vitesco-technologies.com

Vitesco is a global Tier I automotive supplier of internal combustion engine, hybrid electric, battery electric, and fuel cell electric vehicle powertrain components and systems, operating through four segments: electrification technology, electronic controls, sensing and actuation, and contract manufacturing. The company was spun off from Continental in September 2021. ICE powertrain products include electronic controls, sensors, actuators, turbochargers, hydraulic components, pumps, and emissions technologies. HEV, BEV, and FCEV products include battery management systems, on-board chargers, battery junction boxes, e-motors, inverters, converters, thermal control, electronic control units, pumps, flow control valves, sensors, and actuators.

Executives

Ingo Holstein	Board of Directors
Werner Volz	Board of Directors
Andreas Wolf	Board of Directors
Klaus Hau	Board of Directors
Thomas Stierle	Board of Directors
Prof. Dr. Hans-jörg Bullinger	Supervisory Board
Joachim Hirsch	Supervisory Board
Prof. Siegfried Wolf	Supervisory Board

Vitesco Technologies Group AG (XTER:VTSC) Headlines

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