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ZIM Integrated Shipping Services (FRA:2SV) Change In Receivables : €-125 Mil (TTM As of Mar. 2024)


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What is ZIM Integrated Shipping Services Change In Receivables?

ZIM Integrated Shipping Services's change in receivables for the quarter that ended in Mar. 2024 was €-217 Mil. It means ZIM Integrated Shipping Services's Accounts Receivable increased by €217 Mil from Dec. 2023 to Mar. 2024 .

ZIM Integrated Shipping Services's change in receivables for the fiscal year that ended in Dec. 2023 was €223 Mil. It means ZIM Integrated Shipping Services's Accounts Receivable declined by €223 Mil from Dec. 2022 to Dec. 2023 .

ZIM Integrated Shipping Services's Accounts Receivable for the quarter that ended in Mar. 2024 was €799 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. ZIM Integrated Shipping Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ZIM Integrated Shipping Services's liquidation value for the three months ended in Mar. 2024 was €-3,868 Mil.


ZIM Integrated Shipping Services Change In Receivables Historical Data

The historical data trend for ZIM Integrated Shipping Services'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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ZIM Integrated Shipping Services Change In Receivables Chart

ZIM Integrated Shipping Services Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial 39.08 -168.10 -678.35 468.79 222.56

ZIM Integrated Shipping Services Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133.75 31.11 56.78 4.77 -217.30

ZIM Integrated Shipping Services 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 quarterly data reported by the company within the most recent 12 months, which was €-125 Mil.

* 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.


ZIM Integrated Shipping Services  (FRA:2SV) 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.

ZIM Integrated Shipping Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=798.56/1437.04*91
=50.71

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

ZIM Integrated Shipping Services'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)
=1318.084-5875.304+0.75 * 798.56+0.5 * 181.516
=-3,868

* 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.


ZIM Integrated Shipping Services Change In Receivables Related Terms

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ZIM Integrated Shipping Services (FRA:2SV) Business Description

Traded in Other Exchanges
Address
9 Andrei Sakharov Street, P.O. Box 15067, Matam, Haifa, ISR, 3190500
ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific.

ZIM Integrated Shipping Services (FRA:2SV) Headlines

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