Litgrid AB (OVSE:LGD1L) Change In Receivables : €-18.5 Mil (TTM As of Mar. 2024)

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What is Litgrid AB Change In Receivables?

Litgrid AB's change in receivables for the quarter that ended in Mar. 2024 was €-14.3 Mil. It means Litgrid AB's Accounts Receivable increased by €14.3 Mil from Dec. 2023 to Mar. 2024 .

Litgrid AB's change in receivables for the fiscal year that ended in Dec. 2023 was €36.6 Mil. It means Litgrid AB's Accounts Receivable declined by €36.6 Mil from Dec. 2022 to Dec. 2023 .

Litgrid AB's Accounts Receivable for the quarter that ended in Mar. 2024 was €41.8 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. Litgrid AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Litgrid AB's liquidation value for the three months ended in Mar. 2024 was €-430.4 Mil.

Litgrid AB Change In Receivables Historical Data

The historical data trend for Litgrid 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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Litgrid AB Change In Receivables Chart

Litgrid AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.22

-7.63

-28.21

-22.42

36.59

Litgrid 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															40.79	2.37	-12.40	5.84	-14.33

Litgrid 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 €-18.5 Mil.

Litgrid AB (OVSE:LGD1L) 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.

Litgrid 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
=	41.759	/	112.427	*	91
=	33.89

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

Litgrid 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)
=	3.818	-	465.548	+	0.75 * 41.759	+	0.5 * 0.041
=	-430.4

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Litgrid AB (OVSE:LGD1L) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Litgrid AB (OVSE:LGD1L) » Definitions » Change In Receivables

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Address

Karlo Gustavo Emilio Manerheimo street 8, Vilnius, LTU, LT-05131

Website

https://www.litgrid.eu

Litgrid AB is an operator of an electricity transmission system operating electricity transmissions in Lithuania. It is responsible for integrating the national power system into the European power infrastructure and electricity market. The business activity of the group functions under various segments namely Electricity transmission and related services activities, and Other income. Geographically, the business presence of the firm is seen in the regions of Lithuania, Norway, Sweden, Latvia, Estonia and others of which the Lithuania region accounts for the majority of the revenue.

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