Steel Dynamics (Steel Dynamics) Change In Receivables

: $447 Mil (TTM As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

Steel Dynamics's change in receivables for the quarter that ended in Dec. 2023 was $274 Mil. It means Steel Dynamics's Accounts Receivable declined by $274 Mil from Sep. 2023 to Dec. 2023 .

Steel Dynamics's change in receivables for the fiscal year that ended in Dec. 2023 was $447 Mil. It means Steel Dynamics's Accounts Receivable declined by $447 Mil from Dec. 2022 to Dec. 2023 .

Steel Dynamics's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,608 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. Steel Dynamics's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Steel Dynamics's liquidation value for the three months ended in Dec. 2023 was $-1,293 Mil.

Steel Dynamics Change In Receivables Historical Data

The historical data trend for Steel Dynamics'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.

* Premium members only.

Steel Dynamics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

237.81

-111.92

-944.52

-110.56

446.77

Steel Dynamics 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																306.99	-70.92	-16.97	260.92	273.74

Steel Dynamics 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 $447 Mil.

Steel Dynamics (NAS:STLD) 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.

Steel Dynamics's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1608.307	/	4233.423	*	91
=	34.67

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

Steel Dynamics'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)
=	2122.097	-	6068.893	+	0.75 * 1608.307	+	0.5 * 2894.632
=	-1,293

Steel Dynamics Change In Receivables Related Terms

Thank you for viewing the detailed overview of Steel Dynamics's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Steel Dynamics (Steel Dynamics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Steel Dynamics Inc (NAS:STLD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

STLD:Mexico 1STLD:Italy SD5:Germany

Address

7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804

Website

https://www.steeldynamics.com

Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, and steel fabrication operations. It generates maximum revenue from the steel operations segment.

Executives

Glenn Pushis	officer: Senior Vice President	4500 COUNTY ROAD 59, BUTLER IN 46721
James C Marcuccilli	director	127 W BERRY ST, FORT WAYNE IN 46802
Bradley S Seaman	director	161 SHAWFORD WAY, LAKE FOREST IL 60045
Richard A Poinsatte	officer: Senior Vice President	6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
Jennifer L Hamann	director	1400 DOUGLAS STREET, OMAHA NE 68130
Christopher A Graham	officer: Vice President	7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
Gabriel Shaheen	director	1540 PARILLA CIRCLE, TRINITY FL 34655
Keith E Busse	director	7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
James Stanley Anderson	officer: Senior Vice President	203 E BERRY STREET, AWB SUITE 804, FORT WAYNE IN 46802
Luis Manuel Sierra	director	1555 CORAOPOLIS HEIGHTS ROAD, MOON TOWNSHIP PA 15108
Miguel Alvarez	officer: Senior Vice President	7575 WEST JEFFERSON BLVD., FORT WAYNE IN 46804
Mark D Millett	director, officer: President and CEO	7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Theresa E Wagler	officer: Executive Vice President & CFO	7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Russell B Rinn	officer: Executive Vice President	7575 WEST JEFFERSON BOULEVARD, FORT WAYNE IN 46804
Kenneth W. Cornew	director	10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603