Codere Online Luxembourg (Codere Online Luxembourg) Change In Receivables : $-7.8 Mil (TTM As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Codere Online Luxembourg Change In Receivables?

Codere Online Luxembourg's change in receivables for the quarter that ended in Jun. 2023 was $-6.3 Mil. It means Codere Online Luxembourg's Accounts Receivable increased by $6.3 Mil from Dec. 2022 to Jun. 2023 .

Codere Online Luxembourg's change in receivables for the fiscal year that ended in Dec. 2022 was $-4.2 Mil. It means Codere Online Luxembourg's Accounts Receivable increased by $4.2 Mil from Dec. 2021 to Dec. 2022 .

Codere Online Luxembourg's Accounts Receivable for the quarter that ended in Jun. 2023 was $3.0 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. Codere Online Luxembourg's Days Sales Outstanding for the six months ended in Jun. 2023 was 6.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Codere Online Luxembourg's liquidation value for the six months ended in Jun. 2023 was $15.0 Mil.

Codere Online Luxembourg Change In Receivables Historical Data

The historical data trend for Codere Online Luxembourg'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.

* Premium members only.

Codere Online Luxembourg Change In Receivables Chart

Codere Online Luxembourg Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

-4.20

4.47

11.66

-4.17

Codere Online Luxembourg Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial			6.06	5.98	-2.67	-1.50	-6.26

Codere Online Luxembourg 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 $-7.8 Mil.

Codere Online Luxembourg (NAS:CDRO) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2.974	/	80.861	*	91
=	6.71

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

Codere Online Luxembourg'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)
=	59.861	-	47.069	+	0.75 * 2.974	+	0.5 * 0
=	15.0

Codere Online Luxembourg Change In Receivables Related Terms

Thank you for viewing the detailed overview of Codere Online Luxembourg's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Codere Online Luxembourg (Codere Online Luxembourg) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Codere Online Luxembourg SA (NAS:CDRO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CDRO:Mexico

Address

7 rue Robert Stumper, Luxembourg, LUX, L-2557

Website

http://www.codereonline.com

Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Italy, Mexico, Colombia, Panama and in the City of Buenos Aires where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls and gambling establishments, such as slot machines, table games and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. If the user wins, it pays out the bet. If the user loses, it keeps the amount wagered.

Codere Online Luxembourg (Codere Online Luxembourg) Headlines

From GuruFocus

Codere Online Begins Operations in the City of Buenos Aires

By GlobeNewswire GlobeNewswire • 12-09-2021

Codere Online Begins Operations in the City of Buenos Aires

By GuruFocusNews GuruFocusNews • 12-09-2021