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ReneSola (XSWX:RESOL1) Change In Receivables : CHF0.00 Mil (TTM As of Dec. 2023)


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What is ReneSola Change In Receivables?

ReneSola's change in receivables for the quarter that ended in Dec. 2023 was CHF0.00 Mil. It means ReneSola's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

ReneSola's change in receivables for the fiscal year that ended in Dec. 2023 was CHF0.00 Mil. It means ReneSola's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

ReneSola's Accounts Receivable for the quarter that ended in Dec. 2023 was CHF23.43 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. ReneSola's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ReneSola's liquidation value for the three months ended in Dec. 2023 was CHF-20.28 Mil.


ReneSola Change In Receivables Historical Data

The historical data trend for ReneSola'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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ReneSola Change In Receivables Chart

ReneSola Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.68 -16.34 -27.18 -19.53 -

ReneSola 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

ReneSola 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 CHF0.00 Mil.

* 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.


ReneSola  (XSWX:RESOL1) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23.427/38.051*91
=56.18

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

ReneSola'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)
=60.686-98.535+0.75 * 23.427+0.5 * 0
=-20.28

* 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.


ReneSola Change In Receivables Related Terms

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ReneSola (XSWX:RESOL1) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.

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