TCM Group A/S (OCSE:TCM) Change In Receivables : kr0 Mil (TTM As of Mar. 2024)

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What is TCM Group A/S Change In Receivables?

TCM Group A/S's change in receivables for the quarter that ended in Mar. 2024 was kr0 Mil. It means TCM Group A/S's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

TCM Group A/S's change in receivables for the fiscal year that ended in Dec. 2023 was kr25 Mil. It means TCM Group A/S's Accounts Receivable declined by kr25 Mil from Dec. 2022 to Dec. 2023 .

TCM Group A/S's Accounts Receivable for the quarter that ended in Mar. 2024 was kr108 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. TCM Group A/S's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TCM Group A/S's liquidation value for the three months ended in Mar. 2024 was kr-531 Mil.

TCM Group A/S Change In Receivables Historical Data

The historical data trend for TCM Group A/S'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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TCM Group A/S Change In Receivables Chart

TCM Group A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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15.65

-4.86

-13.94

-21.48

25.48

TCM Group A/S 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															-	-	-	-	-

TCM Group A/S 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 kr0 Mil.

TCM Group A/S (OCSE:TCM) 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.

TCM Group A/S's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	108.2	/	292.5	*	91
=	33.75

2. In Ben Graham's calculation of liquidation value, TCM Group A/S's accounts receivable are only considered to be worth 75% of book value:

TCM Group A/S'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)
=	19.5	-	675.6	+	0.75 * 108.2	+	0.5 * 87.1
=	-531

TCM Group A/S Change In Receivables Related Terms

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TCM Group A/S (OCSE:TCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » TCM Group A/S (OCSE:TCM) » Definitions » Change In Receivables

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Traded in Other Exchanges

TCMc:UK

Address

Skautrupvej 16, Tvis, Holstebro, DNK, 7500

Website

https://www.tcmgroup.dk

TCM Group A/S manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark.

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