Creditshelf AG (FRA:CSQ) Change In Receivables : €0.43 Mil (TTM As of Sep. 2023)

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What is Creditshelf AG Change In Receivables?

Creditshelf AG's change in receivables for the quarter that ended in Sep. 2023 was €-0.03 Mil. It means Creditshelf AG's Accounts Receivable increased by €0.03 Mil from Jun. 2023 to Sep. 2023 .

Creditshelf AG's change in receivables for the fiscal year that ended in Dec. 2022 was €0.29 Mil. It means Creditshelf AG's Accounts Receivable declined by €0.29 Mil from Dec. 2021 to Dec. 2022 .

Creditshelf AG's Accounts Receivable for the quarter that ended in Sep. 2023 was €1.25 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. Creditshelf AG's Days Sales Outstanding for the three months ended in Sep. 2023 was 157.33.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Creditshelf AG's liquidation value for the three months ended in Sep. 2023 was €-3.69 Mil.

Creditshelf AG Change In Receivables Historical Data

The historical data trend for Creditshelf AG'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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Creditshelf AG Change In Receivables Chart

Creditshelf AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-0.52

-1.05

-0.25

-0.06

0.29

Creditshelf AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															0.45	0.08	0.33	0.05	-0.03

Creditshelf AG 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 quarterly data reported by the company within the most recent 12 months, which was €0.43 Mil.

Creditshelf AG (FRA:CSQ) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.25	/	0.725	*	91
=	157.33

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

Creditshelf AG'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)
=	3.03	-	7.657	+	0.75 * 1.25	+	0.5 * 0
=	-3.69

Creditshelf AG Change In Receivables Related Terms

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Creditshelf AG (FRA:CSQ) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Creditshelf AG (FRA:CSQ) » Definitions » Change In Receivables

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CSQ:Germany

Address

Mainzer Landstrasse 33a, Frankfurt, DEU, 60329

Website

https://www.creditshelf.com

Creditshelf AG is the platform for digital SME finance in Germany. It arranges flexible financial solutions that are not tied to specific banks for small and medium-sized enterprises via its online platform, www.creditshelf.com. The company has successfully developed an online credit marketplace platform whose processes are supported by the proprietary, data-driven risk analysis software. The creditshelf platform models the entire credit process, from the loan application through credit analysis and risk management down to loan disbursement and loan servicing. The product offering, which is targeted at German SMEs and growth companies, comprises corporate loans. The business generates revenue from Borrower fees, Investor fees and Servicing and advisory fees.

Creditshelf AG (FRA:CSQ) Headlines

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