ENCE Energia y Celulosa (CHIX:ENCE) Change In Receivables

: €59.0 Mil (TTM As of Mar. 2024)

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ENCE Energia y Celulosa's change in receivables for the quarter that ended in Mar. 2024 was €-27.9 Mil. It means ENCE Energia y Celulosa's Accounts Receivable increased by €27.9 Mil from Dec. 2023 to Mar. 2024 .

ENCE Energia y Celulosa's change in receivables for the fiscal year that ended in Dec. 2023 was €20.4 Mil. It means ENCE Energia y Celulosa's Accounts Receivable declined by €20.4 Mil from Dec. 2022 to Dec. 2023 .

ENCE Energia y Celulosa's Accounts Receivable for the quarter that ended in Mar. 2024 was €63.9 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. ENCE Energia y Celulosa's Days Sales Outstanding for the three months ended in Mar. 2024 was 27.30.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ENCE Energia y Celulosa's liquidation value for the three months ended in Mar. 2024 was €-664.4 Mil.

ENCE Energia y Celulosa Change In Receivables Historical Data

The historical data trend for ENCE Energia y Celulosa'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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ENCE Energia y Celulosa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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82.85

-10.83

-49.41

20.53

20.41

ENCE Energia y Celulosa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-66.50	52.20	3.40	31.31	-27.90

ENCE Energia y Celulosa 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €59.0 Mil.

ENCE Energia y Celulosa (CHIX:ENCe) 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.

ENCE Energia y Celulosa's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	63.9	/	213.6	*	91
=	27.30

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

ENCE Energia y Celulosa's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	242.5	-	993.4	+	0.75 * 63.9	+	0.5 * 77.2
=	-664.4

ENCE Energia y Celulosa Change In Receivables Related Terms

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ENCE Energia y Celulosa (CHIX:ENCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » ENCE Energia y Celulosa SA (CHIX:ENCe) » Definitions » Change In Receivables

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Traded in Other Exchanges

0K96:UK ENC:Spain ENCA:Germany

Address

Beatriz de Bobadilla, 14, Madrid, ESP, 28040

Website

https://www.ence.es

ENCE Energia y Celulosa SA produces and sells pulp. The company owns and manages eucalyptus forests throughout Spain and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Over half of the company's pulp is sold to tissue paper producers. Other customers include manufacturers of specialty paper, printing and writing paper, and packaging paper. Ence also generates and sells electricity from forest biomass. The vast majority of revenue comes from Europe.

ENCE Energia y Celulosa (CHIX:ENCE) Headlines

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