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Avanti Energy (FRA:3AYP) Change In Receivables : €0.09 Mil (TTM As of Dec. 2023)


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What is Avanti Energy Change In Receivables?

Avanti Energy's change in receivables for the quarter that ended in Dec. 2023 was €-0.02 Mil. It means Avanti Energy's Accounts Receivable increased by €0.02 Mil from Sep. 2023 to Dec. 2023 .

Avanti Energy's change in receivables for the fiscal year that ended in Dec. 2023 was €0.09 Mil. It means Avanti Energy's Accounts Receivable declined by €0.09 Mil from Dec. 2022 to Dec. 2023 .

Avanti Energy's Accounts Receivable for the quarter that ended in Dec. 2023 was €0.04 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Avanti Energy's liquidation value for the three months ended in Dec. 2023 was €-0.93 Mil.


Avanti Energy Change In Receivables Historical Data

The historical data trend for Avanti Energy'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.

* Premium members only.

Avanti Energy Change In Receivables Chart

Avanti Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - -0.04 -0.10 0.09

Avanti Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.18 0.04 -0.14 0.21 -0.02

Avanti Energy 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 quarterly data reported by the company within the most recent 12 months, which was €0.09 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.


Avanti Energy  (FRA:3AYP) 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.

Avanti Energy's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.04/0*91
=

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

Avanti Energy'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)
=0.962-1.918+0.75 * 0.04+0.5 * 0
=-0.93

* 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.


Avanti Energy Change In Receivables Related Terms

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Avanti Energy (FRA:3AYP) Business Description

Traded in Other Exchanges
Address
208A - 980 West 1st Street, North Vancouver, BC, CAN, V7P 3N4
Avanti Helium Corp is principally focused on the exploration, development, and production of helium across Western Canada and the United States.

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