Vale (VALE) Change In Receivables

: $197 Mil (TTM As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

Vale's change in receivables for the quarter that ended in Dec. 2023 was $-832 Mil. It means Vale's Accounts Receivable increased by $832 Mil from Sep. 2023 to Dec. 2023 .

Vale's change in receivables for the fiscal year that ended in Dec. 2023 was $197 Mil. It means Vale's Accounts Receivable declined by $197 Mil from Dec. 2022 to Dec. 2023 .

Vale's Accounts Receivable for the quarter that ended in Dec. 2023 was $4,197 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. Vale's Days Sales Outstanding for the three months ended in Dec. 2023 was 29.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Vale's liquidation value for the three months ended in Dec. 2023 was $-44,055 Mil.

Vale Change In Receivables Historical Data

The historical data trend for Vale'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.

Vale Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-47.00

-2,544.00

1,029.00

-325.00

197.00

Vale 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															-2,107.00	1,686.00	-247.00	-410.00	-832.00

Vale 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 $197 Mil.

Vale (NYSE:VALE) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4197	/	13054	*	91
=	29.34

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

Vale'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)
=	3660	-	53205	+	0.75 * 4197	+	0.5 * 4684
=	-44,055

Vale Change In Receivables Related Terms

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

Vale (VALE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vale SA (NYSE:VALE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

VALE:Mexico 0LBF:UK XVALO:Spain CVLC:Germany CVLC:Germany CVLB:Germany CVLB:Germany CVLC:Germany CVLB:Germany VALE3:Brazil VALE:Argentina

Address

Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145

Website

https://www.vale.com

Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in its base metals business, which is expected to become effective early in 2024, and which is likely the first step in separating base metals and iron ore.