Element Solutions (FRA:PLQ) Change In Receivables : €-8 Mil (TTM As of Mar. 2024)

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What is Element Solutions Change In Receivables?

Element Solutions's change in receivables for the quarter that ended in Mar. 2024 was €-4 Mil. It means Element Solutions's Accounts Receivable increased by €4 Mil from Dec. 2023 to Mar. 2024 .

Element Solutions's change in receivables for the fiscal year that ended in Dec. 2023 was €-6 Mil. It means Element Solutions's Accounts Receivable increased by €6 Mil from Dec. 2022 to Dec. 2023 .

Element Solutions's Accounts Receivable for the quarter that ended in Mar. 2024 was €422 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. Element Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Element Solutions's liquidation value for the three months ended in Mar. 2024 was €-1,640 Mil.

Element Solutions Change In Receivables Historical Data

The historical data trend for Element Solutions'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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Element Solutions Change In Receivables Chart

Element Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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19.62

-22.44

-43.10

6.04

-6.24

Element Solutions 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															-2.43	2.03	-5.81	-0.18	-4.42

Element Solutions 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 €-8 Mil.

Element Solutions (FRA:PLQ) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	422.28	/	529	*	91
=	72.84

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

Element Solutions'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)
=	263.396	-	2367.068	+	0.75 * 422.28	+	0.5 * 293.572
=	-1,640

Element Solutions Change In Receivables Related Terms

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Element Solutions (FRA:PLQ) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Element Solutions Inc (FRA:PLQ) » Definitions » Change In Receivables

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ESI:USA PLQ:Germany

Address

500 East Broward Boulevard, Suite 1860, Fort Lauderdale, FL, USA, 33394

Website

https://www.elementsolutionsinc.com

Element Solutions Inc is a specialty chemicals company whose businesses supply a broad range of solutions that enhance the performance of products people use every day. The company has two segments which are Electronics and Industrial & Specialty. The Industrial & Specialty segment researches, formulates and sells specialty chemicals and process technologies that enhance surfaces or improve industrial processes in diverse industrial sectors from automotive trim to transcontinental infrastructure and from high-speed printing to high-design faucets. The electronics segment researches, formulates and sells specialty chemicals and material process technologies for all types of electronics hardware, from complex printed circuit board designs to semiconductor packaging.

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