AVACF (Avance Gas Holding) Change In Receivables: $12.9 Mil (TTM As of Mar. 2025)

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What is Avance Gas Holding Change In Receivables?

Avance Gas Holding AVACF Change In Receivables is $12.9 Mil as of Mar. 2025.

Avance Gas Holding's change in receivables for the quarter that ended in Mar. 2025 was $7.7 Mil. It means Avance Gas Holding's Accounts Receivable declined by $7.7 Mil from Dec. 2024 to Mar. 2025 .

Avance Gas Holding's change in receivables for the fiscal year that ended in Dec. 2024 was $35.1 Mil. It means Avance Gas Holding's Accounts Receivable declined by $35.1 Mil from Dec. 2023 to Dec. 2024 .

Avance Gas Holding's Accounts Receivable for the quarter that ended in Mar. 2025 was $0.6 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. Avance Gas Holding's Days Sales Outstanding for the three months ended in Mar. 2025 was 486.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Avance Gas Holding's liquidation value for the three months ended in Mar. 2025 was $24.4 Mil.

Avance Gas Holding (OTCPK:AVACF) 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.

Avance Gas Holding's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.608	/	0.114	*	91
=	486.67

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

Avance Gas Holding's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	24.563	-	0.654	+	0.75 * 0.608	+	0.5 * 0
=	24.4

* 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.

Avance Gas Holding Change In Receivables Related Terms

Avance Gas Holding Change In Receivables Historical Data

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The historical data trend for Avance Gas Holding's Change In Receivables can be seen below:

Avance Gas Holding Change In Receivables Chart

Avance Gas Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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9.78

-4.81

9.00

-30.73

35.15

Avance Gas Holding Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Receivables	Get a 7-Day Free Trial															29.95	-12.08	18.33	-1.05	7.67

Avance Gas Holding 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $12.9 Mil.

Frequently Asked Questions Learn more about Change In Receivables →

What does a Change In Receivables of $12.9 Mil mean?

Avance Gas Holding (AVACF) has a Change In Receivables of $12.9 Mil as of Mar. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Avance Gas Holding and its competitors.

Is Avance Gas Holding's Change In Receivables too high?

Avance Gas Holding's current Change In Receivables is $12.9 Mil.

How does Avance Gas Holding's Change In Receivables compare to FOMI and WMB?

Avance Gas Holding's Change In Receivables of $12.9 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Change In Receivables for an Oil & Gas company?

A good Change In Receivables depends on the Oil & Gas industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Change In Receivables mean?

A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Avance Gas Holding and its competitors. Avance Gas Holding's current Change In Receivables is $12.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Avance Gas Holding stock overvalued right now?

Avance Gas Holding (AVACF) has a current Change In Receivables of $12.9 Mil. The current Change In Receivables is $12.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Change In Receivables calculated?

Change In Receivables is calculated from a company's financial statements. For Avance Gas Holding (AVACF), the current Change In Receivables is $12.9 Mil as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avance Gas Holding Business Description

Industry Energy Oil & Gas

Comparable Companies FOMI TSX:ENB WMB EPD KMI ET TSX:TRP MPLX OKE LNG TRGP CQP VG TSX:PPL WES PAA SHSE:601872 DTM HKSE:01138 TSX:ALA

Address 14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08

Website https://www.avancegas.com

Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading from the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment, which is liquefied petroleum gas.