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NCS Multistage Holdings (FRA:MUH0) Change In Receivables : €-3.7 Mil (TTM As of Mar. 2024)


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What is NCS Multistage Holdings Change In Receivables?

NCS Multistage Holdings's change in receivables for the quarter that ended in Mar. 2024 was €-9.5 Mil. It means NCS Multistage Holdings's Accounts Receivable increased by €9.5 Mil from Dec. 2023 to Mar. 2024 .

NCS Multistage Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was €4.2 Mil. It means NCS Multistage Holdings's Accounts Receivable declined by €4.2 Mil from Dec. 2022 to Dec. 2023 .

NCS Multistage Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was €31.2 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. NCS Multistage Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 70.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NCS Multistage Holdings's liquidation value for the three months ended in Mar. 2024 was €27.2 Mil.


NCS Multistage Holdings Change In Receivables Historical Data

The historical data trend for NCS Multistage Holdings'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.

* Premium members only.

NCS Multistage Holdings Change In Receivables Chart

NCS Multistage Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 4.26 15.82 -2.26 -4.59 4.16

NCS Multistage Holdings 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 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 -1.79 7.75 -8.50 6.54 -9.46

NCS Multistage Holdings 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 €-3.7 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.


NCS Multistage Holdings  (FRA:MUH0) 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.

NCS Multistage Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=31.205/40.349*91
=70.57

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

NCS Multistage Holdings'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)
=12.884-27.09+0.75 * 31.205+0.5 * 36.098
=27.2

* 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.


NCS Multistage Holdings Change In Receivables Related Terms

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NCS Multistage Holdings (FRA:MUH0) Business Description

Traded in Other Exchanges
Address
19350 State Highway 249, Suite 600, Houston, TX, USA, 77070
NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services primarily to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The company's primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.

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