Enterprise Group (TSX:E) Change In Receivables : C$0.59 Mil (TTM As of Dec. 2023)

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What is Enterprise Group Change In Receivables?

Enterprise Group's change in receivables for the quarter that ended in Dec. 2023 was C$-0.06 Mil. It means Enterprise Group's Accounts Receivable increased by C$0.06 Mil from Sep. 2023 to Dec. 2023 .

Enterprise Group's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.59 Mil. It means Enterprise Group's Accounts Receivable declined by C$0.59 Mil from Dec. 2022 to Dec. 2023 .

Enterprise Group's Accounts Receivable for the quarter that ended in Dec. 2023 was C$6.72 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. Enterprise Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Enterprise Group's liquidation value for the three months ended in Dec. 2023 was C$-23.04 Mil.

Enterprise Group Change In Receivables Historical Data

The historical data trend for Enterprise Group'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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Enterprise Group Change In Receivables Chart

Enterprise Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.54

1.54

-1.54

-2.34

0.59

Enterprise Group 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															-3.38	-0.47	4.07	-2.95	-0.06

Enterprise Group 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 C$0.59 Mil.

Enterprise Group (TSX:E) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	6.718	/	9.599	*	91
=	63.86

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

Enterprise Group'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)
=	3.786	-	32.012	+	0.75 * 6.718	+	0.5 * 0.287
=	-23.04

Enterprise Group Change In Receivables Related Terms

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Enterprise Group (TSX:E) Business Description

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ETOLF:USA 3EO1:Germany

Address

64 Riel Drive, Suite 2, St. Albert, AB, CAN, T8N 5B3

Website

https://www.enterprisegrp.ca

Enterprise Group Inc is an equipment rental and construction services company operating in the utility, energy, and construction industries. Its focus is specialty equipment rentals. The company has a fleet of trucks and heavy equipment to provide rental services for heavy equipment, flameless heating units and oilfield site service infrastructure throughout Western Canada.