SMA Solar Technology AG (XTER:S92) Change In Receivables : €-51 Mil (TTM As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is SMA Solar Technology AG Change In Receivables?

SMA Solar Technology AG's change in receivables for the quarter that ended in Mar. 2024 was €53 Mil. It means SMA Solar Technology AG's Accounts Receivable declined by €53 Mil from Dec. 2023 to Mar. 2024 .

SMA Solar Technology AG's change in receivables for the fiscal year that ended in Dec. 2023 was €-127 Mil. It means SMA Solar Technology AG's Accounts Receivable increased by €127 Mil from Dec. 2022 to Dec. 2023 .

SMA Solar Technology AG's Accounts Receivable for the quarter that ended in Mar. 2024 was €224 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. SMA Solar Technology AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SMA Solar Technology AG's liquidation value for the three months ended in Mar. 2024 was €-204 Mil.

SMA Solar Technology AG Change In Receivables Historical Data

The historical data trend for SMA Solar Technology 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.

SMA Solar Technology AG Change In Receivables Chart

SMA Solar Technology AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-38.71

23.02

-21.27

-12.93

-126.68

SMA Solar Technology AG 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															-22.17	-14.80	-47.44	-42.27	53.44

SMA Solar Technology 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-51 Mil.

SMA Solar Technology AG (XTER:S92) 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.

SMA Solar Technology AG's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	224.341	/	361.775	*	91
=	56.59

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

SMA Solar Technology AG'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)
=	226.365	-	941.056	+	0.75 * 224.341	+	0.5 * 685.523
=	-204

SMA Solar Technology AG Change In Receivables Related Terms

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

SMA Solar Technology AG (XTER:S92) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SMA Solar Technology AG (XTER:S92) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SMTGY:USA SMTGF:USA 1S:Italy S92d:UK 0NIF:UK S92:Austria

Address

Sonnenallee 1, Niestetal, DEU, 34266

Website

https://www.sma.de

SMA Solar Technology AG produces, develops, and sells photovoltaic (PV) inverters and other technologies. It operates through several businesses that include Residential, Commercial, Utility, Off-Grid and Storage, and Service. The company's PV inverters convert direct currents from the module into alternating currents. Depending on demand, it is consumed directly into the home, stored, or fed into the utility grid. In SMA's primary business units it provides small PV systems for private applications to residential markets and medium-sized PV systems for commercial application. Utility clients are offered large-scale PV power plants in addition to grid service and monitoring functions.

Executives

Dr. Jürgen Reinert	Board of Directors
Uwe Kleinkauf	Supervisory Board
Barbara Gregor	Board of Directors

SMA Solar Technology AG (XTER:S92) Headlines

No Headlines