Switch to:
GuruFocus has detected 6 Warning Signs with Pentair PLC \$PNR.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Pentair PLC (NYSE:PNR)
Change In Receivables
USD -131 Mil (As of Mar. 2017)

Pentair PLC's change in receivables for the quarter that ended in Mar. 2017 was USD -131 Mil. It means Pentair PLC's accounts receivables declined by USD 131 Mil from Dec. 2016 to Mar. 2017 .

Pentair PLC's change in receivables for the fiscal year that ended in Dec. 2016 was USD 21 Mil. It means Pentair PLC's accounts receivables increased by USD 21 Mil from Dec. 2015 to Dec. 2016 .

Pentair PLC's accounts receivables for the quarter that ended in Mar. 2017 was USD 914 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 receivables are being managed. Pentair PLC's days sales outstanding for the three months ended in Mar. 2017 was 70.50.

In Ben Grahams calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Pentair PLC's liquidation value for the three months ended in Mar. 2017 was USD -6,246 Mil.

Definition

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.

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 receivables are being managed.

Pentair PLC's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 914.4 / 1183.5 * 91 = 70.50

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

Pentair PLC's liquidation value for the quarter that ended in Mar. 2017 is calculated as:

 Liquidation Value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 238.1 - 7443.2 + 0.75 * 914.4 + 0.5 * 546 = -6,246

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Pentair PLC Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 ChangeInReceivables -19 -18 11 -62 1 56 -91 9 49 21

Pentair PLC Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 ChangeInReceivables -63 -86 89 83 -37 -98 187 2 -71 -131
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)