Clover Power PCL (BKK:CV) Change In Receivables: ฿88.2 Mil (TTM As of Sep. 2024)

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BKK:CV Clover Power PCL BKK:CV
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What is Clover Power PCL Change In Receivables?

Clover Power PCL BKK:CV 4 Change In Receivables is ฿88.2 Mil as of Sep. 2024. GuruFocus rates BKK:CV with a GF Score™ of 4/100.

Clover Power PCL's change in receivables for the quarter that ended in Sep. 2024 was ฿56.3 Mil. It means Clover Power PCL's Accounts Receivable declined by ฿56.3 Mil from Jun. 2024 to Sep. 2024 .

Clover Power PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿17.0 Mil. It means Clover Power PCL's Accounts Receivable declined by ฿17.0 Mil from Dec. 2022 to Dec. 2023 .

Clover Power PCL's Accounts Receivable for the quarter that ended in Sep. 2024 was ฿53.4 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. Clover Power PCL's Days Sales Outstanding for the three months ended in Sep. 2024 was 43.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Clover Power PCL's liquidation value for the three months ended in Sep. 2024 was ฿-2,800.5 Mil.

Clover Power PCL  (BKK:CV) 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.

Clover Power PCL's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=53.388/110.778*91
=43.98

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

Clover Power PCL's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5.395-2857.528+0.75 * 53.388+0.5 * 23.085
=-2,800.5

* 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.

Clover Power PCL Change In Receivables Related Terms

Clover Power PCL Change In Receivables Historical Data

* Premium members only.

The historical data trend for Clover Power PCL'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.

Clover Power PCL Change In Receivables Chart

Clover Power PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
0.00 -395.71 -921.80 -735.25 17.03

Clover Power PCL Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -26.82 42.26 -51.31 40.96 56.34
BKK:CV
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Clover Power PCL BKK:CV
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Clover Power PCL 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿88.2 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ฿88.2 Mil mean?
Clover Power PCL (BKK:CV) has a Change In Receivables of ฿88.2 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Clover Power PCL and its competitors.
Is Clover Power PCL's Change In Receivables too high?
Clover Power PCL's current Change In Receivables is ฿88.2 Mil. Overall, Clover Power PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Clover Power PCL's Change In Receivables compare to CEG?
Clover Power PCL's Change In Receivables of ฿88.2 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Change In Receivables depends on the Utilities - Independent Power Producers 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 Clover Power PCL and its competitors. Clover Power PCL's current Change In Receivables is ฿88.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clover Power PCL stock overvalued right now?
Clover Power PCL (BKK:CV) has a current Change In Receivables of ฿88.2 Mil. The current Change In Receivables is ฿88.2 Mil. Clover Power PCL's overall GF Score™ is 4/100. 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 Clover Power PCL (BKK:CV), the current Change In Receivables is ฿88.2 Mil as of Sep. 2024. 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.

Clover Power PCL Business Description

Address No. 159 Soi Rama 9 57/1 (Wisetsuk 2), Phatthanakan Subdistrict, Suan Luang District, Bangkok, THA, 10250
Clover Power PCL is engaged in the generation and sale of electricity from biomass power plants, rendering management services to the Group and holds investments in other companies.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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