Altus Power (Altus Power) Change In Receivables : $-1.6 Mil (TTM As of Mar. 2024)

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What is Altus Power Change In Receivables?

Altus Power's change in receivables for the quarter that ended in Mar. 2024 was $-1.3 Mil. It means Altus Power's Accounts Receivable increased by $1.3 Mil from Dec. 2023 to Mar. 2024 .

Altus Power's change in receivables for the fiscal year that ended in Dec. 2023 was $1.4 Mil. It means Altus Power's Accounts Receivable declined by $1.4 Mil from Dec. 2022 to Dec. 2023 .

Altus Power's Accounts Receivable for the quarter that ended in Mar. 2024 was $20.1 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. Altus Power's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Altus Power's liquidation value for the three months ended in Mar. 2024 was $-1,497.7 Mil.

Altus Power Change In Receivables Historical Data

The historical data trend for Altus Power'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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Altus Power Change In Receivables Chart

Altus Power Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-1.28

0.16

-2.01

1.43

Altus Power Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial									1.69	-11.28	3.93	7.10	-1.33

Altus Power 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 $-1.6 Mil.

Altus Power (NYSE:AMPS) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.057	/	40.659	*	91
=	45.01

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

Altus Power'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)
=	173.266	-	1686.035	+	0.75 * 20.057	+	0.5 * 0
=	-1,497.7

Altus Power Change In Receivables Related Terms

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Altus Power (Altus Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Altus Power Inc (NYSE:AMPS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

8770:Germany

Address

2200 Atlantic Street, 6th Floor, Stamford, CT, USA, 06902

Website

https://www.altuspower.com

Altus Power Inc is a renewable energy generation company focused on the commercial and industrial, public sector, and community solar customers. It operates as a developer, owner and operator of large-scale roof, ground and carport-based photovoltaic and energy storage systems, as well as electric vehicle charging facilities.

Executives

Lars Norell	director, officer: See Remarks	12 EGGLESTON LANE, OLD GREENWICH CT 06870
Dustin Weber	officer: See Remarks	2200 ATLANTIC STREET, 6TH FLOOR, STAMFORD CT 06902
Anthony Savino	officer: See Remarks	2200 ATLANTIC STREET, 6TH FLOOR, STAMFORD CT 06902
Gso Altus Holdings Lp	10 percent owner	345 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10154
William F Concannon	director, officer: Chief Executive Officer	200 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10166
Gregg J Felton	director, officer: See Remarks	C/O FULL CIRCLE CAPITAL CORPORATION, 800 WESTCHESTER AVE., RYE BROOK NY 10573
Diane D Brink	director	C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Valueact Capital Management, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Gso Altus Holdings Associates Llc	10 percent owner	345 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10154
Sharon Daley	director	2200 ATLANTIC STREET, 6TH FLOOR, STAMFORD CT 06902
Cbre Acquisition Sponsor, Llc	director, 10 percent owner	2100 MCKENNEY AVENUE, 12TH FLOOR, DALLAS TX 75201
Robert M Horn	director	C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Cbre Group, Inc.	director, 10 percent owner	2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Cbre Services, Inc.	director, 10 percent owner	C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Christine Rose Detrick	director	200 CLARENDON STREET, T-9, BOSTON MA 02116