Gurit Holding AG (XSWX:GURN) Change In Receivables : CHF15.3 Mil (TTM As of Dec. 2023)

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What is Gurit Holding AG Change In Receivables?

Gurit Holding AG's change in receivables for the quarter that ended in Dec. 2023 was CHF16.6 Mil. It means Gurit Holding AG's Accounts Receivable declined by CHF16.6 Mil from Jun. 2023 to Dec. 2023 .

Gurit Holding AG's change in receivables for the fiscal year that ended in Dec. 2023 was CHF15.3 Mil. It means Gurit Holding AG's Accounts Receivable declined by CHF15.3 Mil from Dec. 2022 to Dec. 2023 .

Gurit Holding AG's Accounts Receivable for the quarter that ended in Dec. 2023 was CHF67.7 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. Gurit Holding AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 57.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gurit Holding AG's liquidation value for the six months ended in Dec. 2023 was CHF-103.8 Mil.

Gurit Holding AG Change In Receivables Historical Data

The historical data trend for Gurit Holding AG'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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Gurit Holding AG Change In Receivables Chart

Gurit Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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4.18

-1.02

29.63

-13.83

15.26

Gurit Holding AG 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															24.08	-22.71	8.88	-1.31	16.57

Gurit Holding AG 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 CHF15.3 Mil.

Gurit Holding AG (XSWX:GURN) 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.

Gurit Holding AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	67.668	/	215.226	*	91
=	57.38

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

Gurit Holding AG'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)
=	12.518	-	199.373	+	0.75 * 67.668	+	0.5 * 64.684
=	-103.8

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Gurit Holding AG (XSWX:GURN) Business Description

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GURNz:UK

Address

Ebnaterstrasse 79, Wattwil, CHE, CH-9630

Website

https://www.gurit.com

Gurit Holding AG and its subsidiaries is engaged in development and manufacture of composite materials, core kitting services, composite tooling equipment and pultruded structural profiles .It operates in three segments, namely Composite Materials, Kitting and Manufacturing Solutions. The company's geographical segments are Europe, Asia, the Americas, and the Rest of the world.

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