Light (BSP:LIGT3) Change In Receivables : R$-826 Mil (TTM As of Dec. 2023)

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What is Light Change In Receivables?

Light's change in receivables for the quarter that ended in Dec. 2023 was R$-941 Mil. It means Light's Accounts Receivable increased by R$941 Mil from Sep. 2023 to Dec. 2023 .

Light's change in receivables for the fiscal year that ended in Dec. 2023 was R$-826 Mil. It means Light's Accounts Receivable increased by R$826 Mil from Dec. 2022 to Dec. 2023 .

Light's Accounts Receivable for the quarter that ended in Dec. 2023 was R$1,304 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. Light's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Light's liquidation value for the three months ended in Dec. 2023 was R$-17,517 Mil.

Light Change In Receivables Historical Data

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

Light Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-899.23

-800.03

569.72

211.70

-826.32

Light 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															137.92	-409.18	244.97	279.16	-941.27

Light 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 R$-826 Mil.

Light (BSP:LIGT3) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1304.347	/	3570.171	*	91
=	33.34

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

Light'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)
=	2097.071	-	20621.248	+	0.75 * 1304.347	+	0.5 * 56.855
=	-17,517

Light Change In Receivables Related Terms

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Light (BSP:LIGT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Light SA (BSP:LIGT3) » Definitions » Change In Receivables

Traded in Other Exchanges

LGSXY:USA

Address

Rua Marechal Floriano, nº 168, block 1 – 2nd floor, Rio de Janeiro, RJ, BRA, 20080-002

Website

https://ri.light.com.br

Light SA is a Brazilian private-public utility of which the state-owned power company, CEMIG, wields a controlling stake. Headquartered in the city of Rio de Janeiro, Light primarily generates, distributes, and trades energy. To do this, the company owns and operates a portfolio of hydroelectric power plants that serve the Brazilian state of Rio de Janeiro. Light derives most of its revenue from the supplying of energy, with network usage and the construction of assets also bringing in substantial amounts of revenue. The vast majority of the company's customers are residential consumers. Larger commercial customers represent the second- largest group.

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