Ework Group AB (OSTO:EWRK) Change In Receivables : kr407 Mil (TTM As of Mar. 2024)

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What is Ework Group AB Change In Receivables?

Ework Group AB's change in receivables for the quarter that ended in Mar. 2024 was kr-40 Mil. It means Ework Group AB's Accounts Receivable increased by kr40 Mil from Dec. 2023 to Mar. 2024 .

Ework Group AB's change in receivables for the fiscal year that ended in Dec. 2023 was kr471 Mil. It means Ework Group AB's Accounts Receivable declined by kr471 Mil from Dec. 2022 to Dec. 2023 .

Ework Group AB's Accounts Receivable for the quarter that ended in Mar. 2024 was kr3,700 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. Ework Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 79.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ework Group AB's liquidation value for the three months ended in Mar. 2024 was kr-970 Mil.

Ework Group AB Change In Receivables Historical Data

The historical data trend for Ework Group 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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Ework Group AB Change In Receivables Chart

Ework Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-354.13

456.55

-439.99

-776.93

471.16

Ework Group 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															24.04	223.05	515.56	-291.48	-40.21

Ework Group 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 kr407 Mil.

Ework Group AB (OSTO:EWRK) 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.

Ework Group 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
=	3699.538	/	4225.269	*	91
=	79.90

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

Ework Group 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)
=	1.666	-	3746.704	+	0.75 * 3699.538	+	0.5 * 0
=	-970

Ework Group AB Change In Receivables Related Terms

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Ework Group AB (OSTO:EWRK) Business Description

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0MCB:UK

Address

Master Samuelsgatan 60, Stockholm, SWE, 111 21

Website

https://www.eworkgroup.com

Ework Group AB is a market- leading and independent consultant provider operating in northern Europe, which focuses on IT, telecom, technology, and business development. Some of the company's services are to set the price index for its clients and consultants, it also offers flexible solutions that cover various industry- leading companies to small-scale businesses, at a local and global level. Ework Group has its operational footprints in Sweden, Denmark, Norway, and Finland wherein, It generates a majority of its revenue from Sweden.

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