Elia Group/NV (Elia Group/NV) Change In Receivables : $172 Mil (TTM As of Dec. 2023)

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What is Elia Group/NV Change In Receivables?

Elia Group/NV's change in receivables for the quarter that ended in Dec. 2023 was $-185 Mil. It means Elia Group/NV's Accounts Receivable increased by $185 Mil from Jun. 2023 to Dec. 2023 .

Elia Group/NV's change in receivables for the fiscal year that ended in Dec. 2023 was $174 Mil. It means Elia Group/NV's Accounts Receivable declined by $174 Mil from Dec. 2022 to Dec. 2023 .

Elia Group/NV's Accounts Receivable for the quarter that ended in Dec. 2023 was $593 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. Elia Group/NV's Days Sales Outstanding for the six months ended in Dec. 2023 was 60.27.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Elia Group/NV's liquidation value for the six months ended in Dec. 2023 was $-13,168 Mil.

Elia Group/NV Change In Receivables Historical Data

The historical data trend for Elia Group/NV'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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Elia Group/NV Change In Receivables Chart

Elia Group/NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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73.56

-1,290.51

723.05

-333.37

174.26

Elia Group/NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-174.46	-183.93	-149.05	357.42	-185.50

Elia Group/NV 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 semi-annually data reported by the company within the most recent 12 months, which was $172 Mil.

Elia Group/NV (OTCPK:ELIAF) 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.

Elia Group/NV's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	593.239	/	1796.401	*	91
=	60.27

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

Elia Group/NV'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)
=	1491.93	-	15128.462	+	0.75 * 593.239	+	0.5 * 46.565
=	-13,168

Elia Group/NV Change In Receivables Related Terms

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Elia Group/NV (Elia Group/NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Elia Group SA/NV (OTCPK:ELIAF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ELIb:UK 0NTU:UK E4S:Germany ELI:Belgium

Address

Boulevard de l’Empereur 20, Brussels, BEL, B-1000

Website

https://www.eliagroup.eu

Elia Group SA/NV is a utility company that owns and develops electric grids in Central Europe. Elia maintains and operates high-voltage equipment and infrastructure projects, such as power lines, cables, and transformers. The company primarily generates revenue by serving as the electricity transmission system operator in both Germany and Belgium where it provides electric grid usage. Elia's Belgian and German operations are responsible for nearly all of its revenue. These countries also house most of the company's infrastructure investments. In its capacity as an electricity transmitter, Elia System facilitates long-term, day-ahead, and intraday energy markets.

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