Birks Group (FRA:2BG) Change In Receivables : €3.6 Mil (TTM As of Sep. 2023)

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What is Birks Group Change In Receivables?

Birks Group's change in receivables for the quarter that ended in Sep. 2023 was €2.0 Mil. It means Birks Group's Accounts Receivable declined by €2.0 Mil from Mar. 2023 to Sep. 2023 .

Birks Group's change in receivables for the fiscal year that ended in Mar. 2023 was €-0.2 Mil. It means Birks Group's Accounts Receivable increased by €0.2 Mil from Mar. 2022 to Mar. 2023 .

Birks Group's Accounts Receivable for the quarter that ended in Sep. 2023 was €6.2 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. Birks Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 18.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Birks Group's liquidation value for the six months ended in Sep. 2023 was €-100.1 Mil.

Birks Group Change In Receivables Historical Data

The historical data trend for Birks Group'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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Birks Group Change In Receivables Chart

Birks Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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0.93

-3.51

-0.87

0.59

-0.18

Birks Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-0.60	1.22	-2.00	1.63	1.97

Birks Group 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 semi-annually data reported by the company within the most recent 12 months, which was €3.6 Mil.

Birks Group (FRA:2BG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.247	/	60.812	*	91
=	18.75

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

Birks Group'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)
=	1.379	-	138.034	+	0.75 * 6.247	+	0.5 * 63.726
=	-100.1

Birks Group Change In Receivables Related Terms

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Birks Group (FRA:2BG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Birks Group Inc (FRA:2BG) » Definitions » Change In Receivables

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BGI:USA 2BG:Germany

Address

2020 Robert-Bourassa Boulevard, Suite 200, Montreal, QC, CAN, H3A 2A5

Website

https://www.birks.com

Birks Group Inc is a part of the leisure industry. The company designs, develops, produces, and retails fine jewelry, timepieces, and gifts. Its operating segment includes Retail and other. The company generates maximum revenue from the Retail segment. Its retail segment consists of retail operations whereby it operates approximately 21 stores in Canada under the Maison Birks brand, one store under the Brinkhaus brand, one store under the Graff brand, and one store under the Patek Phillippe brand. The other segment consists mainly of wholesale business, e-commerce business, and gold exchange business.

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