NBI Bearings Europe (XMAD:NBI) Change In Receivables : €0.69 Mil (TTM As of Dec. 2023)

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What is NBI Bearings Europe Change In Receivables?

NBI Bearings Europe's change in receivables for the quarter that ended in Dec. 2023 was €2.78 Mil. It means NBI Bearings Europe's Accounts Receivable declined by €2.78 Mil from Jun. 2023 to Dec. 2023 .

NBI Bearings Europe's change in receivables for the fiscal year that ended in Dec. 2023 was €0.69 Mil. It means NBI Bearings Europe's Accounts Receivable declined by €0.69 Mil from Dec. 2022 to Dec. 2023 .

NBI Bearings Europe's Accounts Receivable for the quarter that ended in Dec. 2023 was €9.65 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. NBI Bearings Europe's Days Sales Outstanding for the six months ended in Dec. 2023 was 69.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NBI Bearings Europe's liquidation value for the six months ended in Dec. 2023 was €-27.93 Mil.

NBI Bearings Europe Change In Receivables Historical Data

The historical data trend for NBI Bearings Europe'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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NBI Bearings Europe Change In Receivables Chart

NBI Bearings Europe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.60

0.97

-1.81

-0.84

0.69

NBI Bearings Europe Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-0.59	-3.78	2.94	-2.10	2.78

NBI Bearings Europe 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.69 Mil.

NBI Bearings Europe (XMAD:NBI) 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.

NBI Bearings Europe's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.648	/	25.162	*	91
=	69.98

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

NBI Bearings Europe's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	19.394	-	66.797	+	0.75 * 9.648	+	0.5 * 24.478
=	-27.93

NBI Bearings Europe Change In Receivables Related Terms

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NBI Bearings Europe (XMAD:NBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NBI Bearings Europe SA (XMAD:NBI) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Pol. Industrial Basauri, Nave 6-10, Oquendo, Alava, Vitoria-Gasteiz, ESP, 01409

Website

http://www.nbibearings.com

NBI Bearings Europe SA is engaged in designing and production of bearings. Its product offerings include cylindrical roller bearings, tapered roller bearings, spherical roller bearings, needle roller bearings, support rollers, cam followers, cylindrical roller thrust bearings, spherical roller thrust bearings and ball bearings. The company also provides technical services, bearing selection, training and tailor made solutions.

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