Tetra Tech (Tetra Tech) Change In Receivables

: $-26 Mil (TTM As of Dec. 2023)

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Tetra Tech's change in receivables for the quarter that ended in Dec. 2023 was $-22 Mil. It means Tetra Tech's Accounts Receivable increased by $22 Mil from Sep. 2023 to Dec. 2023 .

Tetra Tech's change in receivables for the fiscal year that ended in Sep. 2023 was $-20 Mil. It means Tetra Tech's Accounts Receivable increased by $20 Mil from Sep. 2022 to Sep. 2023 .

Tetra Tech's Accounts Receivable for the quarter that ended in Dec. 2023 was $701 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. Tetra Tech's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tetra Tech's liquidation value for the three months ended in Dec. 2023 was $-1,689 Mil.

Tetra Tech Change In Receivables Historical Data

The historical data trend for Tetra Tech'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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Tetra Tech Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

-10.23

156.02

13.30

-89.78

-19.78

Tetra Tech 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																-16.18	-20.37	-5.28	22.04	-22.29

Tetra Tech 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 $-26 Mil.

Tetra Tech (NAS:TTEK) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	700.88	/	1228.267	*	91
=	52.07

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

Tetra Tech'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)
=	198.689	-	2413.136	+	0.75 * 700.88	+	0.5 * 0
=	-1,689

Tetra Tech Change In Receivables Related Terms

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Tetra Tech (Tetra Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tetra Tech Inc (NAS:TTEK) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

TT6:Germany TT6:Germany

Address

3475 East Foothill Boulevard, Pasadena, CA, USA, 91107

Website

https://www.tetratech.com

Tetra Tech Inc provides consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. It specializes in providing water-related services for public and private clients. It designs infrastructure, facilities, and other structures with complex plans and resource management. Tetra Tech has two reportable segments. Its Government Services Group (GSG) reportable segment primarily includes activities with U.S. government clients (federal, state and local) and activities with development agencies worldwide. Commercial/International Services Group (CIG) reportable segment primarily includes activities with U.S. commercial clients and international clients other than development agencies.

Executives

Brian N Carter	officer: SVP, CORPORATE CONTROLLER	3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Kirsten M Volpi	director	TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Dan L Batrack	director, officer: CHAIRMAN AND CEO	TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Jill Hudkins	officer: President	3475 E. FOOTHILL BLVD., PASADENA CA 91107
Roger R Argus	officer: SVP, Gov't Svcs. Group	TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Preston Iii Hopson	officer: SVP, GENERAL COUNSEL	3475 E FOOTHILL BLVD, PASADENA CA 91107
J Kenneth Thompson	director	ALASKA AIR GROUP, 19300 PACIFIC HIGHWAY SOUTH, SEATTLE WA 98188
Kimberly E Ritrievi	director	TETRA TECH, INC, 3475 E. FOOTHILL BLVD., PASADENA CA 91107
Steven M Burdick	officer: EVP, CFO	TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Christiana Obiaya	director	130 W UNION STREET, PASADENA CA 91103
J Christopher Lewis	director	TETRA TECH, INC, 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Prashant Gandhi	director	3475 E. FOOTHILL BLVD., PASADENA CA 91107
William R Brownlie	officer: SVP, CHIEF ENGINEER	3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Patrick C Haden	director	3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Brendan M. O'rourke	officer: SVP, Enterprise Risk Mgmt.	3475 E FOOTHILL BLVD, PASADENA CA 91107