Earth Tech Environment PCL (BKK:ETC) Change In Receivables : ฿-12.3 Mil (TTM As of Mar. 2024)

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What is Earth Tech Environment PCL Change In Receivables?

Earth Tech Environment PCL's change in receivables for the quarter that ended in Mar. 2024 was ฿-8.8 Mil. It means Earth Tech Environment PCL's Accounts Receivable increased by ฿8.8 Mil from Dec. 2023 to Mar. 2024 .

Earth Tech Environment PCL's change in receivables for the fiscal year that ended in Dec. 2023 was ฿-4.6 Mil. It means Earth Tech Environment PCL's Accounts Receivable increased by ฿4.6 Mil from Dec. 2022 to Dec. 2023 .

Earth Tech Environment PCL's Accounts Receivable for the quarter that ended in Mar. 2024 was ฿65.9 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. Earth Tech Environment PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Earth Tech Environment PCL's liquidation value for the three months ended in Mar. 2024 was ฿-369.6 Mil.

Earth Tech Environment PCL Change In Receivables Historical Data

The historical data trend for Earth Tech Environment 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.

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Earth Tech Environment PCL Change In Receivables Chart

Earth Tech Environment PCL Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-8.07

-40.52

36.51

11.54

-4.59

Earth Tech Environment PCL 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															-1.12	31.32	-16.93	-17.86	-8.82

Earth Tech Environment 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-12.3 Mil.

Earth Tech Environment PCL (BKK:ETC) 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.

Earth Tech Environment PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	65.852	/	182.519	*	91
=	32.92

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

Earth Tech Environment PCL'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)
=	1725.778	-	2159.158	+	0.75 * 65.852	+	0.5 * 28.709
=	-369.6

Earth Tech Environment PCL Change In Receivables Related Terms

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Earth Tech Environment PCL (BKK:ETC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Earth Tech Environment PCL (BKK:ETC) » Definitions » Change In Receivables

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Address

88, 88/1, Moo. 1, Ban That Subdistrict, Kaeng Khoi District, Saraburi, Bangkok, THA

Website

https://www.etcenvi.com

Earth Tech Environment PCL is a service provider for the production and distribution of electricity. The company produces and distributes electricity from the first non-hazardous industrial materials in Thailand by using sewage or unused materials to process as fuel to produce electricity. It also provides an air quality control system, water management system, and community involvement. The company's segment includes Power business and Construction. It generates maximum revenue from the Power business segment.

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