CPFL Energia (CPFL Energia) Change In Receivables : $255 Mil (TTM As of Dec. 2023)

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What is CPFL Energia Change In Receivables?

CPFL Energia's change in receivables for the quarter that ended in Dec. 2023 was $-53 Mil. It means CPFL Energia's Accounts Receivable increased by $53 Mil from Sep. 2023 to Dec. 2023 .

CPFL Energia's change in receivables for the fiscal year that ended in Dec. 2023 was $256 Mil. It means CPFL Energia's Accounts Receivable declined by $256 Mil from Dec. 2022 to Dec. 2023 .

CPFL Energia's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,263 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. CPFL Energia's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CPFL Energia's liquidation value for the three months ended in Dec. 2023 was $-9,067 Mil.

CPFL Energia Change In Receivables Historical Data

The historical data trend for CPFL Energia'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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CPFL Energia Change In Receivables Chart

CPFL Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-122.71

-119.81

-49.40

143.76

255.53

CPFL Energia Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-10.18	41.65	240.08	26.62	-53.39

CPFL Energia 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 quarterly data reported by the company within the most recent 12 months, which was $255 Mil.

CPFL Energia (NYSE:CPL) 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.

CPFL Energia's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1263.343	/	2151.121	*	91
=	53.59

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

CPFL Energia'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)
=	1188.965	-	11219.33	+	0.75 * 1263.343	+	0.5 * 30.969
=	-9,067

CPFL Energia Change In Receivables Related Terms

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CPFL Energia (CPFL Energia) Business Description

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CPFE3:Brazil

Address

Rua Jorge Figueiredo Corrêa, No 1.632, Jardim Professora Tarcília, Campinas, Sao Paulo, SP, BRA, 13087-397

Website

https://www.cpfl.com.br

CPFL Energia SA is the holding company of the CPFL Group, operating in Brazil's electricity sector, implementing and operating projects and concessions in the energy distribution, generation, transmission, and trading segments and related activities through its subsidiaries and affiliate companies. The Group's operating segments are electric energy distribution, electric energy generation, electric energy commercialization, and services rendered activities. It derives a majority of its revenue from the distribution segment.