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Great Lakes Dredge & Dock's change in receivables for the quarter that ended in Dec. 2023 was $-45.0 Mil. It means Great Lakes Dredge & Dock's Accounts Receivable increased by $45.0 Mil from Sep. 2023 to Dec. 2023 .
Great Lakes Dredge & Dock's change in receivables for the fiscal year that ended in Dec. 2023 was $-12.7 Mil. It means Great Lakes Dredge & Dock's Accounts Receivable increased by $12.7 Mil from Dec. 2022 to Dec. 2023 .
Great Lakes Dredge & Dock's Accounts Receivable for the quarter that ended in Dec. 2023 was $14.4 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. Great Lakes Dredge & Dock's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.25.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Great Lakes Dredge & Dock's liquidation value for the three months ended in Dec. 2023 was $-674.7 Mil.
The historical data trend for Great Lakes Dredge & Dock'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.
Great Lakes Dredge & Dock Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | 40.39 | -28.75 | -51.70 | 11.99 | -12.73 |
Great Lakes Dredge & Dock 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 | 19.50 | -2.04 | 27.71 | 6.61 | -45.02 |
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 $-12.7 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.
Great Lakes Dredge & Dock (NAS:GLDD) 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.
Great Lakes Dredge & Dock's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 14.431 | / | 181.729 | * | 91 |
= | 7.25 |
2. In Ben Graham's calculation of liquidation value, Great Lakes Dredge & Dock's accounts receivable are only considered to be worth 75% of book value:
Great Lakes Dredge & Dock'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) |
= | 22.841 | - | 725.292 | + | 0.75 * 14.431 | + | 0.5 * 33.912 |
= | -674.7 |
* 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.
Thank you for viewing the detailed overview of Great Lakes Dredge & Dock's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Ryan Levenson | director | 2396 DELLWOOD DRIVE, ATLANTA GA 30305 |
Lasse Petterson | director, officer: CEO & President | 2103 RESEARCH FOREST DRIVE THE WOODLANDS TX 77380 |
David E Simonelli | officer: Chief Operating Officer | C/O GREAT LAKES DREDGE & DOCK CORPORATIO 2122 YORK ROAD OAK BROOK IL 60523 |
Lawrence R Dickerson | director | 15415 KATY FREEWAY STE 100, HOUSTON TX 77094 |
Kathleen Mackie Lavoy | officer: SVP & Chief Legal Officer | C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523 |
D Michael Steuert | director | C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656 |
Ronald Steger | director | 13710 OASIS TERRACE, LAKEWOOD RANCH FL 34202 |
Kathleen M Shanahan | director | 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134 |
Michael Joseph Walsh | director | C/O GREAT LAKES DREDGE & DOCK CORP 2122 YORK ROAD OAK BROOK IL 60523 |
Mark W. Marinko | officer: Chief Financial Officer | C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523 |
Annette W Cyr | officer: Chief HR & Admin Officer | C/O BRIGHTPOINT., INC. 7635 INTERACTIVE WAY, SUITE 200 INDIANAPOLIS IN 46278 |
Carl A Albert | director | C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388 |
Robert B Uhler | director | C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD, SUITE 200 OAK BROOK IL 60523 |
Jason Weiss | director | C/O BOISE INC. 1111 WEST JEFFERSON STREET, SUITE 200 BOISE ID 83702-5388 |
Christopher P Shea | officer: President - E&I Division | C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523 |
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