Maxim Power (Maxim Power) Change In Receivables : $-24.57 Mil (TTM As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Maxim Power Change In Receivables?

Maxim Power's change in receivables for the quarter that ended in Dec. 2023 was $-32.75 Mil. It means Maxim Power's Accounts Receivable increased by $32.75 Mil from Sep. 2023 to Dec. 2023 .

Maxim Power's change in receivables for the fiscal year that ended in Dec. 2023 was $-24.43 Mil. It means Maxim Power's Accounts Receivable increased by $24.43 Mil from Dec. 2022 to Dec. 2023 .

Maxim Power's Accounts Receivable for the quarter that ended in Dec. 2023 was $21.15 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. Maxim Power's Days Sales Outstanding for the three months ended in Dec. 2023 was 66.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Maxim Power's liquidation value for the three months ended in Dec. 2023 was $-55.57 Mil.

Maxim Power Change In Receivables Historical Data

The historical data trend for Maxim 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.

* Premium members only.

Maxim Power Change In Receivables Chart

Maxim Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

1.67

-2.26

-10.79

4.16

-24.43

Maxim Power 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															-9.80	0.92	-3.80	11.05	-32.75

Maxim 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-24.57 Mil.

Maxim Power (OTCPK:MXGFF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.147	/	29.062	*	91
=	66.40

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

Maxim Power'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)
=	24.044	-	95.479	+	0.75 * 21.147	+	0.5 * 0
=	-55.57

Maxim Power Change In Receivables Related Terms

Thank you for viewing the detailed overview of Maxim Power's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Maxim Power (Maxim Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Maxim Power Corp (OTCPK:MXGFF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

MXG:Canada

Address

715-5 Avenue Southwest, Suite 1800, Calgary, AB, CAN, T2P 2X6

Website

https://www.maximpowercorp.com

Maxim Power Corp is an independent power producer. It is focused entirely on power projects in Alberta. Its core asset is the 204MW H.R. Milner Plant, M2, in Grande Cache, AB, a state-of-the-art natural gas-fired power plant that went online in Q2, 2020. The company is increasing the capacity of M2 to approximately 300 MW and concurrently will realize an improvement in the efficiency of the plant by investing in heat recovery combined cycle technology. Further, MAXIM continues to explore further development options in Alberta, including its gas-fired generation projects and its wind power generation project.