Mirion Technologies (FRA:55I0) Change In Receivables : €2.0 Mil (TTM As of Mar. 2024)

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What is Mirion Technologies Change In Receivables?

Mirion Technologies's change in receivables for the quarter that ended in Mar. 2024 was €14.7 Mil. It means Mirion Technologies's Accounts Receivable declined by €14.7 Mil from Dec. 2023 to Mar. 2024 .

Mirion Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was €-2.8 Mil. It means Mirion Technologies's Accounts Receivable increased by €2.8 Mil from Dec. 2022 to Dec. 2023 .

Mirion Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was €134.4 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. Mirion Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mirion Technologies's liquidation value for the three months ended in Mar. 2024 was €-756.4 Mil.

Mirion Technologies Change In Receivables Historical Data

The historical data trend for Mirion 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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Mirion Technologies Change In Receivables Chart

Mirion Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-18.22

-2.84

Mirion 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															9.81	-2.03	-8.81	-1.83	14.72

Mirion 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 €2.0 Mil.

Mirion Technologies (FRA:55I0) 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.

Mirion 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
=	134.412	/	177.192	*	91
=	69.22

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

Mirion 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)
=	115.552	-	1040.336	+	0.75 * 134.412	+	0.5 * 135.056
=	-756.4

Mirion Technologies Change In Receivables Related Terms

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Mirion Technologies (FRA:55I0) Business Description

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MIR:USA

Address

1218 Menlo Drive, Atlanta, GA, USA, 30318

Website

https://www.mirion.com

Mirion Technologies Inc provides products, services, and software that allows customers to safely leverage the power of ionizing radiation for the greater good of humanity through critical applications in the medical, nuclear, defense markets, as well as laboratories, scientific research, analysis and exploration. The Company manages its operations through two segments: Medical and Industrial. The Medical segment provides radiation oncology quality assurance, delivering patient safety solutions for diagnostic imaging and radiation therapy centers. The Industrial segment provides robust, field ready personal radiation detection and identification equipment for defense applications and radiation detection and analysis tools for power plants, labs, and research applications.

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