Tidewater Renewables (FRA:7GZ) Change In Receivables : €-6.3 Mil (TTM As of Mar. 2024)

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What is Tidewater Renewables Change In Receivables?

Tidewater Renewables's change in receivables for the quarter that ended in Mar. 2024 was €-5.4 Mil. It means Tidewater Renewables's Accounts Receivable increased by €5.4 Mil from Dec. 2023 to Mar. 2024 .

Tidewater Renewables's change in receivables for the fiscal year that ended in Dec. 2023 was €-2.1 Mil. It means Tidewater Renewables's Accounts Receivable increased by €2.1 Mil from Dec. 2022 to Dec. 2023 .

Tidewater Renewables's Accounts Receivable for the quarter that ended in Mar. 2024 was €10.2 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. Tidewater Renewables's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tidewater Renewables's liquidation value for the three months ended in Mar. 2024 was €-350.8 Mil.

Tidewater Renewables Change In Receivables Historical Data

The historical data trend for Tidewater Renewables'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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Tidewater Renewables Change In Receivables Chart

Tidewater Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.04

-0.03

2.17

-2.12

Tidewater Renewables Quarterly Data
	Dec18	Dec19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial												-1.30	-0.61	-5.84	5.55	-5.39

Tidewater Renewables 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 €-6.3 Mil.

Tidewater Renewables (FRA:7GZ) 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.

Tidewater Renewables's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	10.151	/	75.606	*	91
=	12.25

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

Tidewater Renewables'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)
=	8.242	-	380.379	+	0.75 * 10.151	+	0.5 * 27.387
=	-350.8

Tidewater Renewables Change In Receivables Related Terms

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Tidewater Renewables (FRA:7GZ) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tidewater Renewables Ltd (FRA:7GZ) » Definitions » Change In Receivables

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TDWRF:USA LCFS:Canada

Address

222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low-carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The corporation generates revenue from the sale of renewable products. The renewable energy operating segment includes the following revenue categories: renewable fuels and renewable natural gas.

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