Innergex Renewable Energy (Innergex Renewable Energy) Change In Receivables

: $-33.1 Mil (TTM As of Dec. 2023)

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Innergex Renewable Energy's change in receivables for the quarter that ended in Dec. 2023 was $-13.8 Mil. It means Innergex Renewable Energy's Accounts Receivable increased by $13.8 Mil from Sep. 2023 to Dec. 2023 .

Innergex Renewable Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $-32.9 Mil. It means Innergex Renewable Energy's Accounts Receivable increased by $32.9 Mil from Dec. 2022 to Dec. 2023 .

Innergex Renewable Energy's Accounts Receivable for the quarter that ended in Dec. 2023 was $111.4 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. Innergex Renewable Energy's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Innergex Renewable Energy's liquidation value for the three months ended in Dec. 2023 was $-5,562.9 Mil.

Innergex Renewable Energy Change In Receivables Historical Data

The historical data trend for Innergex Renewable Energy'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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Innergex Renewable Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-4.04

-5.45

-3.11

-20.39

-32.88

Innergex Renewable Energy 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																-17.02	-1.68	-22.91	5.25	-13.78

Innergex Renewable Energy 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 $-33.1 Mil.

Innergex Renewable Energy (OTCPK:INGXF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	111.419	/	181.517	*	91
=	56.01

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

Innergex Renewable Energy'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)
=	118.697	-	5765.13	+	0.75 * 111.419	+	0.5 * 0
=	-5,562.9

Innergex Renewable Energy Change In Receivables Related Terms

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Innergex Renewable Energy (Innergex Renewable Energy) Business Description

Industry

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Address

1225 Saint-Charles Street West, 10th Floor, Longueuil, QC, CAN, J4K 0B9

Website

https://www.innergex.com

Innergex Renewable Energy Inc is an independent Canadian renewable power producer. It develops, acquires, owns, and operates hydroelectric, wind, and solar facilities in Canada, the United States, France, and Chile. Most of the energy that the company generates comes from its hydroelectric facilities. Innergex Renewable Energy primarily generates revenue through the sale of electricity from its hydroelectric sites. The company's wind farms also generate substantial amounts of energy and revenue.

Innergex Renewable Energy (Innergex Renewable Energy) Headlines

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