Algonquin Power & Utilities (Algonquin Power & Utilities) Change In Receivables : $1 Mil (TTM As of Dec. 2023)

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What is Algonquin Power & Utilities Change In Receivables?

Algonquin Power & Utilities's change in receivables for the quarter that ended in Dec. 2023 was $-108 Mil. It means Algonquin Power & Utilities's Accounts Receivable increased by $108 Mil from Sep. 2023 to Dec. 2023 .

Algonquin Power & Utilities's change in receivables for the fiscal year that ended in Dec. 2023 was $1 Mil. It means Algonquin Power & Utilities's Accounts Receivable declined by $1 Mil from Dec. 2022 to Dec. 2023 .

Algonquin Power & Utilities's Accounts Receivable for the quarter that ended in Dec. 2023 was $417 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. Algonquin Power & Utilities's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Algonquin Power & Utilities's liquidation value for the three months ended in Dec. 2023 was $-10,949 Mil.

Algonquin Power & Utilities Change In Receivables Historical Data

The historical data trend for Algonquin Power & Utilities'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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Algonquin Power & Utilities Change In Receivables Chart

Algonquin Power & Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3.06

-56.22

-59.78

-124.08

0.97

Algonquin Power & Utilities 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															-97.88	14.31	26.58	67.68	-107.60

Algonquin Power & Utilities 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 $1 Mil.

Algonquin Power & Utilities (NYSE:AQN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	417.193	/	666.779	*	91
=	57.09

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

Algonquin Power & Utilities'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)
=	56.142	-	11431.19	+	0.75 * 417.193	+	0.5 * 227.132
=	-10,949

Algonquin Power & Utilities Change In Receivables Related Terms

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Algonquin Power & Utilities (Algonquin Power & Utilities) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Algonquin Power & Utilities Corp (NYSE:AQN) » Definitions » Change In Receivables

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Address

354 Davis Road, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.