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Celanese (Celanese) Change In Receivables : $105 Mil (TTM As of Dec. 2023)


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What is Celanese Change In Receivables?

Celanese's change in receivables for the quarter that ended in Dec. 2023 was $121 Mil. It means Celanese's Accounts Receivable declined by $121 Mil from Sep. 2023 to Dec. 2023 .

Celanese's change in receivables for the fiscal year that ended in Dec. 2023 was $105 Mil. It means Celanese's Accounts Receivable declined by $105 Mil from Dec. 2022 to Dec. 2023 .

Celanese's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,243 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. Celanese's Days Sales Outstanding for the three months ended in Dec. 2023 was 44.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Celanese's liquidation value for the three months ended in Dec. 2023 was $-15,129 Mil.


Celanese Change In Receivables Historical Data

The historical data trend for Celanese'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.

Celanese Change In Receivables Chart

Celanese 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 165.00 141.00 -396.00 218.00 105.00

Celanese 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 279.00 -216.00 206.00 -6.00 121.00

Celanese 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 $105 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.


Celanese  (NYSE:CE) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1243/2569*91
=44.15

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

Celanese'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)
=1805-19045+0.75 * 1243+0.5 * 2357
=-15,129

* 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.


Celanese Change In Receivables Related Terms

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Celanese (Celanese) Business Description

Traded in Other Exchanges
Address
222 W. Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421
Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.
Executives
Thomas Francis Kelly officer: SVP, EM 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Mark Christopher Murray officer: VP - Bus. Strat & Development 100 MATSONFORD ROAD, RADNOR PA 19087
Aaron M Mcgilvray officer: Chief Accounting Officer 222 W. LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rahul Ghai director GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Michael Koenig director 222 W. LAS COLINAS BLVD., SUITE 900N, IRVING TX 75039
Vanessa Dupuis officer: SVP, HR (CHRO) C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Scott A Richardson officer: SVP & CFO C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
John K Wulff director C/O HERCULES INC, 1313 NORTH MARKET STREET, WILMINGTON DE 19894-0001
Deborah J. Kissire director 210 E. EARLL DRIVE, PHOENIX AZ 85012
John G Fotheringham officer: SVP, Acetyl Chain 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Lori Ryerkerk director, officer: CEO AXALTA COATING SYSTEMS LTD., 2001 MARKET STREET, SUITE 3600, PHILADELPHIA PA 19103
Todd L Elliott officer: SVP, Acetyl Chain C/O CELANESE CORPORATION, 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
A. Lynne Puckett officer: SVP & GC C/O 222 W LAS COLINAS BLVD, SUITE 900N, IRVING TX 75039
Rucker Kim K.w. director KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Peter G Edwards officer: EVP & GC C/O BAXALTA INCORPORATED, 1200 LAKESIDE DRIVE, BANNOCKBURN IL 60015

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