Winpak (TSX:WPK) Change In Receivables : C$-2 Mil (TTM As of Mar. 2024)

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What is Winpak Change In Receivables?

Winpak's change in receivables for the quarter that ended in Mar. 2024 was C$7 Mil. It means Winpak's Accounts Receivable declined by C$7 Mil from Dec. 2023 to Mar. 2024 .

Winpak's change in receivables for the fiscal year that ended in Dec. 2023 was C$-4 Mil. It means Winpak's Accounts Receivable increased by C$4 Mil from Dec. 2022 to Dec. 2023 .

Winpak's Accounts Receivable for the quarter that ended in Mar. 2024 was C$273 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. Winpak's Days Sales Outstanding for the three months ended in Mar. 2024 was 66.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Winpak's liquidation value for the three months ended in Mar. 2024 was C$815 Mil.

Winpak Change In Receivables Historical Data

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

Winpak Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-7.90

8.26

-53.73

-35.57

-4.45

Winpak 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															4.93	2.78	12.14	-24.12	7.28

Winpak 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 C$-2 Mil.

Winpak (TSX:WPK) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	273.396	/	374.653	*	91
=	66.59

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

Winpak'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)
=	750.39	-	287.369	+	0.75 * 273.396	+	0.5 * 293.91
=	815

Winpak Change In Receivables Related Terms

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Winpak (TSX:WPK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Winpak Ltd (TSX:WPK) » Definitions » Change In Receivables

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Traded in Other Exchanges

WIPKF:USA 25W:Germany

Address

100 Saulteaux Crescent, Winnipeg, MB, CAN, R3J 3T3

Website

https://www.winpak.com

Winpak Ltd manufactures and sells a variety of packaging materials and related packaging machines. The packaging materials are used primarily for perishable foods, beverages, and healthcare applications. It operates in three segments: flexible packaging, rigid packaging & flexible lidding, and packaging machinery. The flexible packaging segment includes modified atmosphere packaging, specialty films, and biaxially oriented nylon product groups. The rigid packaging and flexible lidding segment include rigid containers, lidding, and specialized printed packaging product groups. The company's geographical segments include the United States, Canada, and Mexico & others.

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