Evolution AB (OSTO:EVO) Change In Receivables : kr-1,252 Mil (TTM As of Mar. 2024)

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What is Evolution AB Change In Receivables?

Evolution AB's change in receivables for the quarter that ended in Mar. 2024 was kr-546 Mil. It means Evolution AB's Accounts Receivable increased by kr546 Mil from Dec. 2023 to Mar. 2024 .

Evolution AB's change in receivables for the fiscal year that ended in Dec. 2023 was kr-810 Mil. It means Evolution AB's Accounts Receivable increased by kr810 Mil from Dec. 2022 to Dec. 2023 .

Evolution AB's Accounts Receivable for the quarter that ended in Mar. 2024 was kr4,491 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. Evolution AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Evolution AB's liquidation value for the three months ended in Mar. 2024 was kr1,697 Mil.

Evolution AB Change In Receivables Historical Data

The historical data trend for Evolution AB'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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Evolution AB Change In Receivables Chart

Evolution AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-181.06

-329.08

-723.49

-792.37

-809.53

Evolution AB 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															-124.72	-332.66	-121.65	-251.19	-546.40

Evolution AB 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 kr-1,252 Mil.

Evolution AB (OSTO:EVO) 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.

Evolution AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4490.609	/	5674.736	*	91
=	72.21

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

Evolution AB'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)
=	10846.606	-	12517.778	+	0.75 * 4490.609	+	0.5 * 0
=	1,697

Evolution AB Change In Receivables Related Terms

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Evolution AB (OSTO:EVO) Business Description

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Address

Hamngatan 11, Stockholm, SWE, SE-111 47

Website

https://www.evolution.com

Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.