Hammond Power Solutions (Hammond Power Solutions) Change In Receivables : $-30.2 Mil (TTM As of Dec. 2023)

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What is Hammond Power Solutions Change In Receivables?

Hammond Power Solutions's change in receivables for the quarter that ended in Dec. 2023 was $-2.0 Mil. It means Hammond Power Solutions's Accounts Receivable increased by $2.0 Mil from Sep. 2023 to Dec. 2023 .

Hammond Power Solutions's change in receivables for the fiscal year that ended in Dec. 2023 was $-30.8 Mil. It means Hammond Power Solutions's Accounts Receivable increased by $30.8 Mil from Dec. 2022 to Dec. 2023 .

Hammond Power Solutions's Accounts Receivable for the quarter that ended in Dec. 2023 was $82.7 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. Hammond Power Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hammond Power Solutions's liquidation value for the three months ended in Dec. 2023 was $11.3 Mil.

Hammond Power Solutions Change In Receivables Historical Data

The historical data trend for Hammond Power Solutions'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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Hammond Power Solutions Change In Receivables Chart

Hammond Power Solutions Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.80

8.53

-14.72

1.14

-30.81

Hammond Power Solutions 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															11.96	-26.39	2.56	-4.35	-2.04

Hammond Power Solutions 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 $-30.2 Mil.

Hammond Power Solutions (OTCPK:HMDPF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	82.691	/	139.355	*	91
=	54.15

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

Hammond Power Solutions'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)
=	39.2	-	132.651	+	0.75 * 82.691	+	0.5 * 85.413
=	11.3

Hammond Power Solutions Change In Receivables Related Terms

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Hammond Power Solutions (Hammond Power Solutions) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hammond Power Solutions Inc (OTCPK:HMDPF) » Definitions » Change In Receivables

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Traded in Other Exchanges

T11:Germany HPS.A:Canada

Address

595 Southgate Drive, Guelph, ON, CAN, N1G 3W6

Website

https://www.hammondpowersolutions.com

Hammond Power Solutions Inc is engaged in designing and manufacturing of custom electrical magnetics, cast resin, custom liquid filled distribution and power transformers and standard electrical transformers, serving the electrical and electronic industries. The company has manufacturing plants in Canada, the United States, Mexico and India. The company operates in various geographical markets including Canada, the United States, Mexico, and India in which it derives majority revenue in the United States and Mexico.

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