Astec Industries (Astec Industries) Change In Receivables : $-14 Mil (TTM As of Mar. 2024)

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What is Astec Industries Change In Receivables?

Astec Industries's change in receivables for the quarter that ended in Mar. 2024 was $-39 Mil. It means Astec Industries's Accounts Receivable increased by $39 Mil from Dec. 2023 to Mar. 2024 .

Astec Industries's change in receivables for the fiscal year that ended in Dec. 2023 was $21 Mil. It means Astec Industries's Accounts Receivable declined by $21 Mil from Dec. 2022 to Dec. 2023 .

Astec Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was $196 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. Astec Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Astec Industries's liquidation value for the three months ended in Mar. 2024 was $-20 Mil.

Astec Industries Change In Receivables Historical Data

The historical data trend for Astec Industries'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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Astec Industries Change In Receivables Chart

Astec Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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7.50

12.20

-28.40

-28.00

20.50

Astec Industries 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															-4.50	14.20	-15.50	26.30	-39.10

Astec Industries 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 $-14 Mil.

Astec Industries (NAS:ASTE) 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.

Astec Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	195.8	/	309.2	*	91
=	57.78

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

Astec Industries'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)
=	63.8	-	472.5	+	0.75 * 195.8	+	0.5 * 484
=	-20

Astec Industries Change In Receivables Related Terms

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Astec Industries (Astec Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Astec Industries Inc (NAS:ASTE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

AI2:Germany

Address

1725 Shepherd Road, Chattanooga, TN, USA, 37421

Website

https://www.astecindustries.com

Astec Industries Inc designs and manufactures equipment and components used primarily in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. It has two operating segments: infrastructure solutions and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.

Executives

Winford James Murphy Jr	director	213 NORMANDIE DRIVE, OPELOUSAS LA 70570
Barend Snyman	officer: Group President	3906 LOBLOLLY LANE, VALDOSTA GA 31601
Nalin Jain	director	30 ISABELLA ST., PITTSBURGH PA 15212
Westinghouse Air Brake Technologies Corp	director	30 ISABELLA STREET, PITTSBURGH PA 15212
Mark Joseph Gliebe	director	200 STATE STREET, BELOIT WI 53511
Linda I. Knoll	director	5800 KNOB HILL CR, CLARKSON TN 48348
Litchfield Matthew T Sr	officer: Chief Information Officer	1725 SHEPHERD RD, CHATTANOOGA TN 37421
Timothy A Averkamp	officer: Group President	1725 SHEPHERD RD, CHATTANOOGA TN 37421
Merwe Jaco Van Der	officer: Group President	1725 SHEPHERD RD, CHATTANOOGA TN 37421
Anshu Pasricha	officer: GC and Corp Secretary	1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
Mary L Howell	director	1101 PENNSYLVANIA AVE STE 400, WASHINGTON DC 20004
Tracey H Cook	director	1725 SHEPHERD RD, CHATTANOOGA TN 37421
William Bradley Southern	director	1610 WEST END AVENUE, NASHVILLE TN 37203
James B Baker	director	1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
William Glenwood Dorey	director	PO BOX 50085, WATSONVILLE CA 95077-5085