Manila Electric Co (Manila Electric Co) Change In Receivables : $27 Mil (TTM As of Dec. 2023)

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What is Manila Electric Co Change In Receivables?

Manila Electric Co's change in receivables for the quarter that ended in Dec. 2023 was $116 Mil. It means Manila Electric Co's Accounts Receivable declined by $116 Mil from Sep. 2023 to Dec. 2023 .

Manila Electric Co's change in receivables for the fiscal year that ended in Dec. 2023 was $27 Mil. It means Manila Electric Co's Accounts Receivable declined by $27 Mil from Dec. 2022 to Dec. 2023 .

Manila Electric Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $810 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. Manila Electric Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 39.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Manila Electric Co's liquidation value for the three months ended in Dec. 2023 was $-4,972 Mil.

Manila Electric Co Change In Receivables Historical Data

The historical data trend for Manila Electric Co'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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Manila Electric Co Change In Receivables Chart

Manila Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-45.74

-482.85

192.42

-260.83

27.48

Manila Electric Co 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															31.89	43.61	-182.80	50.25	116.41

Manila Electric Co 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 $27 Mil.

Manila Electric Co (OTCPK:MERVF) 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.

Manila Electric Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	810.421	/	1874.196	*	91
=	39.46

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

Manila Electric Co'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)
=	1564.83	-	7240.836	+	0.75 * 810.421	+	0.5 * 193.332
=	-4,972

Manila Electric Co Change In Receivables Related Terms

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Manila Electric Co (Manila Electric Co) Business Description

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Address

Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605

Website

https://www.meralco.com.ph

Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

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