MasTec (FRA:MY8) Change In Receivables

: €-281 Mil (TTM As of Mar. 2023)

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MasTec's change in receivables for the quarter that ended in Mar. 2023 was €26 Mil. It means MasTec's Accounts Receivable declined by €26 Mil from Dec. 2022 to Mar. 2023 .

MasTec's change in receivables for the fiscal year that ended in Dec. 2022 was €-281 Mil. It means MasTec's Accounts Receivable increased by €281 Mil from Dec. 2021 to Dec. 2022 .

MasTec's Accounts Receivable for the quarter that ended in Mar. 2023 was €1,281 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. MasTec's Days Sales Outstanding for the three months ended in Mar. 2023 was 48.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MasTec's liquidation value for the three months ended in Mar. 2023 was €-4,814 Mil.

MasTec Change In Receivables Historical Data

The historical data trend for MasTec'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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MasTec Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

-294.64

101.76

123.86

175.63

-281.36

MasTec Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Change In Receivables																15.58	-272.07	-136.02	101.07	26.22

MasTec 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-281 Mil.

MasTec (FRA:MY8) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1281.491	/	2414.072	*	91
=	48.44

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

MasTec's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	132.217	-	5984.796	+	0.75 * 1281.491	+	0.5 * 154.032
=	-4,814

MasTec Change In Receivables Related Terms

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MasTec (FRA:MY8) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MasTec Inc (FRA:MY8) » Definitions » Change In Receivables

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Traded in Other Exchanges

MTZ:USA

Address

800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134

Website

https://www.mastec.com

MasTec Inc is a leading infrastructure construction company operating primarily throughout North America. Its principal activities include engineering, building, installation, maintenance, and upgrades of communications, energy, and utility infrastructure. The company installs wireless, wireline, and satellite communications; oil and gas pipeline infrastructure; conventional and renewable power generation; and other industrial systems. MasTec has five operating segments: Communications, Oil and Gas, Power Delivery, Clean Energy and Infrastructure, and Others. The majority of its revenue is derived from the Communications segments. The company markets services individually and in combination with other companies to provide a wide range of solutions for customers.

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