Tredegar (Tredegar) Change In Receivables : $16.4 Mil (TTM As of Mar. 2024)

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What is Tredegar Change In Receivables?

Tredegar's change in receivables for the quarter that ended in Mar. 2024 was $-5.3 Mil. It means Tredegar's Accounts Receivable increased by $5.3 Mil from Dec. 2023 to Mar. 2024 .

Tredegar's change in receivables for the fiscal year that ended in Dec. 2023 was $17.4 Mil. It means Tredegar's Accounts Receivable declined by $17.4 Mil from Dec. 2022 to Dec. 2023 .

Tredegar's Accounts Receivable for the quarter that ended in Mar. 2024 was $73.3 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. Tredegar's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tredegar's liquidation value for the three months ended in Mar. 2024 was $-183.8 Mil.

Tredegar Change In Receivables Historical Data

The historical data trend for Tredegar'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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Tredegar Change In Receivables Chart

Tredegar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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16.47

-0.34

-16.99

18.57

17.40

Tredegar Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-4.32	10.51	8.44	2.77	-5.34

Tredegar 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.4 Mil.

Tredegar (NYSE:TG) 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.

Tredegar's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	73.333	/	175.736	*	91
=	38.08

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

Tredegar's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.493	-	285.716	+	0.75 * 73.333	+	0.5 * 86.822
=	-183.8

Tredegar Change In Receivables Related Terms

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Tredegar (Tredegar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tredegar Corp (NYSE:TG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

T70:Germany

Address

1100 Boulders Parkway, Richmond, VA, USA, 23225

Website

https://www.tredegar.com

Tredegar Corp through its subsidiaries engaged in the manufacture of Polyethylene Plastic films, Polyester Films, and Aluminum Extrusions. Polyethylene Plastic films manufacture plastic films, elastics and laminate materials which are utilized in personal care materials, surface protection films, and specialty and optical lighting applications. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. Aluminum Extrusions produce high-quality, soft-alloy and medium-strength aluminum use for building and construction, automotive, consumer durables, machinery and equipment, electrical and distribution markets. It generates revenue from the United States, Asia, and Brazil.

Executives

James T. Gottwald	10 percent owner	3600 RIVER ROAD WEST, GOOCHLAND VA 23063
Kevin Cyril Donnelly	officer: Vice President and Secretary	1100 BOULDERS PARKWAY, RICHMOND VA 23225
Anne G Waleski	director	1508 WEST AVENUE, RICHMOND VA 23220
Michael Jay Schewel	officer: Vice President and Secretary	C/O MARKEL CORPORATION, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brickhouse Frasier W Ii	other: Controller	1100 BOULDERS PARKWAY, RICHMOND VA 23225
Gamco Investors, Inc. Et Al	10 percent owner	191 MASON STREET, GREENWICH CT 06830
John M Steitz	director	ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
William M Gottwald	director	ALBERMARLE CORP, PO BOX 2189, RICHMOND VA 23218
Associated Capital Group, Inc.	10 percent owner	191 MASON STREET, GREENWICH CT 06830
A Brent King	officer: Vice President and Secretary	4951 LAKE BROOK DR, STE 500, GLEN ALLEN VA 23060
Mary Jane Hellyar	officer: Vice President	1100 BOULDERS PARKWAY, RICHMOND VA 23225
Ggcp, Inc.	10 percent owner	189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli	10 percent owner	191 MASON STREET, GREENWICH CT 06830
Gottwald Floyd D Jr	director	330 SOUTH FOURTH STREET, RICHMOND VA 23219
John D Gottwald	director	207 WOOD ROAD, TREDEGAR CORP, 1100 BOULDERS PARKWAY VA 23225