CTT-Correios de Portugal (FRA:C7T) Change In Receivables : €0.0 Mil (TTM As of Mar. 2024)

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What is CTT-Correios de Portugal Change In Receivables?

CTT-Correios de Portugal's change in receivables for the quarter that ended in Mar. 2024 was €0.0 Mil. It means CTT-Correios de Portugal's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

CTT-Correios de Portugal's change in receivables for the fiscal year that ended in Dec. 2023 was €0.0 Mil. It means CTT-Correios de Portugal's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

CTT-Correios de Portugal's Accounts Receivable for the quarter that ended in Mar. 2024 was €201.2 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. CTT-Correios de Portugal's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CTT-Correios de Portugal's liquidation value for the three months ended in Mar. 2024 was €-2,416.6 Mil.

CTT-Correios de Portugal Change In Receivables Historical Data

The historical data trend for CTT-Correios de Portugal'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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CTT-Correios de Portugal Change In Receivables Chart

CTT-Correios de Portugal Annual Data

Trend

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Dec23

Change In Receivables

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CTT-Correios de Portugal 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															-	-	-	-	-

CTT-Correios de Portugal 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 €0.0 Mil.

CTT-Correios de Portugal (FRA:C7T) 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.

CTT-Correios de Portugal's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	201.167	/	254.026	*	91
=	72.26

2. In Ben Graham's calculation of liquidation value, CTT-Correios de Portugal's accounts receivable are only considered to be worth 75% of book value:

CTT-Correios de Portugal'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)
=	2227.715	-	4798.43	+	0.75 * 201.167	+	0.5 * 6.413
=	-2,416.6

CTT-Correios de Portugal Change In Receivables Related Terms

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CTT-Correios de Portugal (FRA:C7T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CTT-Correios de Portugal SA (FRA:C7T) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CTTOF:USA CTT:Portugal 0QIM:UK

Address

Avenida dos Combatentes 43, No.1643-0011, 4th Floor, Lisbon, PRT, 1999-001

Website

https://www.ctt.pt

CTT-Correios de Portugal SA is a logistics company domiciled in Portugal. The company organizes itself into four segments: mail, express and parcels, financial services, and bank. The mail segment, which generates a vast majority of the company's revenue, provides mail postal services to business customers, distribution of advertising materials, and postal communication solutions, among others. Express and parcels, the next largest segment, provides parcel postal and courier services. The company provides financial services such as payment processing and retail banking through both the financial services segment and the bank segment. The company earns most of its revenue domestically.

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