Renova Energia (BSP:RNEW11) Change In Receivables : R$-14.0 Mil (TTM As of Dec. 2023)

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What is Renova Energia Change In Receivables?

Renova Energia's change in receivables for the quarter that ended in Dec. 2023 was R$-9.6 Mil. It means Renova Energia's Accounts Receivable increased by R$9.6 Mil from Sep. 2023 to Dec. 2023 .

Renova Energia's change in receivables for the fiscal year that ended in Dec. 2023 was R$-14.0 Mil. It means Renova Energia's Accounts Receivable increased by R$14.0 Mil from Dec. 2022 to Dec. 2023 .

Renova Energia's Accounts Receivable for the quarter that ended in Dec. 2023 was R$32.9 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. Renova Energia's Days Sales Outstanding for the three months ended in Dec. 2023 was 13.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Renova Energia's liquidation value for the three months ended in Dec. 2023 was R$-2,095.6 Mil.

Renova Energia Change In Receivables Historical Data

The historical data trend for Renova Energia'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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Renova Energia Change In Receivables Chart

Renova Energia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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15.15

-2.46

-3.43

-22.47

-13.98

Renova Energia 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															6.44	2.38	-3.18	-3.62	-9.55

Renova Energia 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$-14.0 Mil.

Renova Energia (BSP:RNEW11) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	32.93	/	218.144	*	91
=	13.77

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

Renova Energia'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)
=	22.78	-	2143.118	+	0.75 * 32.93	+	0.5 * 0
=	-2,095.6

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Renova Energia (BSP:RNEW11) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Renova Energia SA (BSP:RNEW11) » Definitions » Change In Receivables

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RNEW4:Brazil RNEW3:Brazil

Address

Av. Roque Petroni Júnior, Suite 999, 4th Floor, Sao Paulo, SP, BRA, 4571011

Website

https://www.renovaenergia.com.br

Renova Energia SA is a Brazilian energy company generating electric power from renewable sources, focusing on wind farms, small hydroelectric plants, and solar energy. The company is responsible for prospecting, developing, and implementing projects to generate power. The company is also involved in the power trading business. A majority of revenue is derived from a combination of wind and power trading, with a significantly smaller portion of revenue coming from both small hydroelectric plants and solar power. Renova generates the vast majority of its revenue in Brazil.

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