Nuernberger Beteiligungs AG (XTER:NBG6) Change In Receivables : €-1 Mil (TTM As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is Nuernberger Beteiligungs AG Change In Receivables?

Nuernberger Beteiligungs AG's change in receivables for the quarter that ended in Dec. 2023 was €10 Mil. It means Nuernberger Beteiligungs AG's Accounts Receivable declined by €10 Mil from Jun. 2023 to Dec. 2023 .

Nuernberger Beteiligungs AG's change in receivables for the fiscal year that ended in Dec. 2023 was €-1 Mil. It means Nuernberger Beteiligungs AG's Accounts Receivable increased by €1 Mil from Dec. 2022 to Dec. 2023 .

Nuernberger Beteiligungs AG's Accounts Receivable for the quarter that ended in Dec. 2023 was €352 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. Nuernberger Beteiligungs AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 26.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nuernberger Beteiligungs AG's liquidation value for the six months ended in Dec. 2023 was €-33,094 Mil.

Nuernberger Beteiligungs AG Change In Receivables Historical Data

The historical data trend for Nuernberger Beteiligungs 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.

* Premium members only.

Nuernberger Beteiligungs AG Change In Receivables Chart

Nuernberger Beteiligungs AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

10.42

0.15

-27.33

-88.34

-1.15

Nuernberger Beteiligungs 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															33.66	-78.61	-9.73	-11.57	10.41

Nuernberger Beteiligungs 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 €-1 Mil.

Nuernberger Beteiligungs AG (XTER:NBG6) 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.

Nuernberger Beteiligungs 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
=	351.559	/	2425.41	*	91
=	26.45

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

Nuernberger Beteiligungs 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)
=	670.082	-	34028.164	+	0.75 * 351.559	+	0.5 * 0
=	-33,094

Nuernberger Beteiligungs AG Change In Receivables Related Terms

Thank you for viewing the detailed overview of Nuernberger Beteiligungs AG's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Nuernberger Beteiligungs AG (XTER:NBG6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Nuernberger Beteiligungs AG (XTER:NBG6) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

NBG6:Germany NBG6:Germany NBG6:Germany

Address

Ostendstrasse 100, Nuernberg, DEU, 90334

Website

http://www.nuernberger.de

Nuernberger Beteiligungs AG operates in the German financial services domain. Its prime focus is on offering insurance products that span the life, health, and property insurance products. The Life business area comprises of the company's subsidiaries engaged in the provision of life insurances, disability insurance, occupational pensions and various forms of risk insurance, and pension funds. The Health segment is concerned with the provision of health and supplementary insurance and the property insurance segment is responsible for the activities related to in property, casualty, accident insurance, as well as reinsurance. In addition, it provides banking services encompassing financial products, asset management, and investment services.

Nuernberger Beteiligungs AG (XTER:NBG6) Headlines

No Headlines