DNMR (Danimer Scientific) Change In Receivables: $0.07 Mil (TTM As of Sep. 2024)

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DNMR Danimer Scientific Inc DNMR
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What is Danimer Scientific Change In Receivables?

Danimer Scientific DNMR 12 Change In Receivables is $0.07 Mil as of Sep. 2024. GuruFocus rates DNMR with a GF Score™ of 12/100.

Danimer Scientific's change in receivables for the quarter that ended in Sep. 2024 was $-1.11 Mil. It means Danimer Scientific's Accounts Receivable increased by $1.11 Mil from Jun. 2024 to Sep. 2024 .

Danimer Scientific's change in receivables for the fiscal year that ended in Dec. 2023 was $3.77 Mil. It means Danimer Scientific's Accounts Receivable declined by $3.77 Mil from Dec. 2022 to Dec. 2023 .

Danimer Scientific's Accounts Receivable for the quarter that ended in Sep. 2024 was $11.75 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. Danimer Scientific's Days Sales Outstanding for the three months ended in Sep. 2024 was 124.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Danimer Scientific's liquidation value for the three months ended in Sep. 2024 was $-388.16 Mil.

Danimer Scientific  (OTCPK:DNMR) 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.

Danimer Scientific's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.745/8.63*91
=124.19

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

Danimer Scientific'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)
=22.187-432.177+0.75 * 11.745+0.5 * 26.043
=-388.16

* 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.

Danimer Scientific Change In Receivables Related Terms

Danimer Scientific Change In Receivables Historical Data

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The historical data trend for Danimer Scientific'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.

Danimer Scientific Change In Receivables Chart

Danimer Scientific Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
1.44 -2.31 -13.47 -2.40 3.77

Danimer Scientific Quarterly Data
Dec19 Mar20 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 Premium Member Only 1.32 -2.57 2.48 1.27 -1.11
DNMR
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Danimer Scientific Inc DNMR
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Danimer Scientific 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 $0.07 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 $0.07 Mil mean?
Danimer Scientific (DNMR) has a Change In Receivables of $0.07 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Danimer Scientific and its competitors.
Is Danimer Scientific's Change In Receivables too high?
Danimer Scientific's current Change In Receivables is $0.07 Mil. Overall, Danimer Scientific has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Danimer Scientific's Change In Receivables compare to HGAS and BON?
Danimer Scientific's Change In Receivables of $0.07 Mil can be compared against companies in the Chemicals 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 a Chemicals company?
A good Change In Receivables depends on the Chemicals 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 Danimer Scientific and its competitors. Danimer Scientific's current Change In Receivables is $0.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danimer Scientific stock overvalued right now?
Danimer Scientific (DNMR) has a current Change In Receivables of $0.07 Mil. The current Change In Receivables is $0.07 Mil. Danimer Scientific's overall GF Score™ is 12/100. 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 Danimer Scientific (DNMR), the current Change In Receivables is $0.07 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.

Danimer Scientific Business Description

Address 140 Industrial Boulevard, Bainbridge, GA, USA, 39817
Danimer Scientific Inc creates more sustainable, more natural ways to make plastic products sold under the proprietary Nodax brand name. The company's renewable and sustainable biopolymers have helped create plastic products that are biodegradable and compostable. Danimer Scientific's products return to nature instead of polluting lands and waters. Its technology can be found in a vast array of plastic end-use products that people use every day. Applications for its biopolymers include additives, aqueous coatings, fibers, filaments, films, and injection-molded articles, among others. Geographically, the company generates a majority of its revenue from the United States and the rest from Germany, Poland, Belgium, and other regions.
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