Resideo Technologies (FRA:3RT) Change In Receivables : €28 Mil (TTM As of Mar. 2024)

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What is Resideo Technologies Change In Receivables?

Resideo Technologies's change in receivables for the quarter that ended in Mar. 2024 was €31 Mil. It means Resideo Technologies's Accounts Receivable declined by €31 Mil from Dec. 2023 to Mar. 2024 .

Resideo Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was €17 Mil. It means Resideo Technologies's Accounts Receivable declined by €17 Mil from Dec. 2022 to Dec. 2023 .

Resideo Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was €858 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. Resideo Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.29.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Resideo Technologies's liquidation value for the three months ended in Mar. 2024 was €-1,825 Mil.

Resideo Technologies Change In Receivables Historical Data

The historical data trend for Resideo Technologies'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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Resideo Technologies Change In Receivables Chart

Resideo Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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6.30

-22.19

-26.55

-67.97

17.42

Resideo Technologies Quarterly Data
	Jun19	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															21.48	-53.53	24.36	25.68	31.28

Resideo Technologies 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 €28 Mil.

Resideo Technologies (FRA:3RT) 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.

Resideo Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	858.36	/	1367.12	*	91
=	57.29

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

Resideo Technologies'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)
=	554.76	-	3450.92	+	0.75 * 858.36	+	0.5 * 854.68
=	-1,825

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Resideo Technologies (FRA:3RT) Business Description

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REZI:USA

Address

16100 North 71st Street, Suite 550, Scottsdale, AZ, USA, 85254

Website

https://www.resideo.com

Resideo Technologies Inc is a manufacturer and developer of technology-driven products and components that provide critical comfort, energy management, and safety and security solutions. The company has two reportable segments; Products and Solutions segment offers temperature and humidity control, energy products and solutions, water and air solutions, smoke and carbon monoxide detection home safety products, security panels, sensors, peripherals, wire and cable, communications devices, video cameras, other home-related lifestyle convenience solutions, and ADI Global Distribution segment includes wholesale distributor of low-voltage security products including access control, fire detection, security, and video products. It derives a majority of its revenue from the United States.

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