Compagnie Financiere Richemont (Compagnie Financiere Richemont) Change In Receivables : $0 Mil (TTM As of Mar. 2024)

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What is Compagnie Financiere Richemont Change In Receivables?

Compagnie Financiere Richemont's change in receivables for the quarter that ended in Mar. 2024 was $0 Mil. It means Compagnie Financiere Richemont's Accounts Receivable stayed the same from Sep. 2023 to Mar. 2024 .

Compagnie Financiere Richemont's change in receivables for the fiscal year that ended in Mar. 2024 was $-76 Mil. It means Compagnie Financiere Richemont's Accounts Receivable increased by $76 Mil from Mar. 2023 to Mar. 2024 .

Compagnie Financiere Richemont's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,010 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. Compagnie Financiere Richemont's Days Sales Outstanding for the six months ended in Mar. 2024 was 16.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Compagnie Financiere Richemont's liquidation value for the six months ended in Mar. 2024 was $2,320 Mil.

Compagnie Financiere Richemont Change In Receivables Historical Data

The historical data trend for Compagnie Financiere Richemont'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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Compagnie Financiere Richemont Change In Receivables Chart

Compagnie Financiere Richemont Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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200.00

-167.86

-68.28

-161.67

-76.09

Compagnie Financiere Richemont Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															134.36	-	-	-	-

Compagnie Financiere Richemont 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

Compagnie Financiere Richemont (OTCPK:CFRHF) 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.

Compagnie Financiere Richemont's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1009.783	/	11298.913	*	91
=	16.31

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

Compagnie Financiere Richemont's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	21189.13	-	23963.043	+	0.75 * 1009.783	+	0.5 * 8673.913
=	2,320

Compagnie Financiere Richemont Change In Receivables Related Terms

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Compagnie Financiere Richemont (Compagnie Financiere Richemont) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Compagnie Financiere Richemont SA (OTCPK:CFRHF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CFR:South Africa CFRUY:USA CFRI:Mexico CFRz:UK 0QMU:UK RIT1:Germany CFR:Switzerland

Address

50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, CHE, 1293

Website

https://www.richemont.com

Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up 85% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont's Jewellery Maisons, including Cartier and Van Cleef & Arpels, account for 67% of revenue and over 86% of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, and Montblanc.