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Universal Stainless & Alloy Products (FRA:US6) Change In Receivables : €-6.9 Mil (TTM As of Mar. 2024)


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What is Universal Stainless & Alloy Products Change In Receivables?

Universal Stainless & Alloy Products's change in receivables for the quarter that ended in Mar. 2024 was €-2.4 Mil. It means Universal Stainless & Alloy Products's Accounts Receivable increased by €2.4 Mil from Dec. 2023 to Mar. 2024 .

Universal Stainless & Alloy Products's change in receivables for the fiscal year that ended in Dec. 2023 was €-7.4 Mil. It means Universal Stainless & Alloy Products's Accounts Receivable increased by €7.4 Mil from Dec. 2022 to Dec. 2023 .

Universal Stainless & Alloy Products's Accounts Receivable for the quarter that ended in Mar. 2024 was €38.3 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. Universal Stainless & Alloy Products's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.96.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Universal Stainless & Alloy Products's liquidation value for the three months ended in Mar. 2024 was €-20.2 Mil.


Universal Stainless & Alloy Products Change In Receivables Historical Data

The historical data trend for Universal Stainless & Alloy Products'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.

Universal Stainless & Alloy Products Change In Receivables Chart

Universal Stainless & Alloy Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.68 14.38 -2.74 -9.22 -7.40

Universal Stainless & Alloy Products 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 -3.02 2.67 -5.33 -1.88 -2.41

Universal Stainless & Alloy Products 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 €-6.9 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.


Universal Stainless & Alloy Products  (FRA:US6) 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.

Universal Stainless & Alloy Products's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=38.321/71.426*91
=48.96

2. In Ben Graham's calculation of liquidation value, Universal Stainless & Alloy Products's accounts receivable are only considered to be worth 75% of book value:

Universal Stainless & Alloy Products'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)
=0.797-115.199+0.75 * 38.321+0.5 * 130.975
=-20.2

* 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.


Universal Stainless & Alloy Products Change In Receivables Related Terms

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Universal Stainless & Alloy Products (FRA:US6) Business Description

Traded in Other Exchanges
Address
600 Mayer Street, Bridgeville, PA, USA, 15017
Universal Stainless & Alloy Products Inc manufactures and markets semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel, and certain other alloyed steels. The company along with its subsidiaries involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels.

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