Orsted AS (FRA:D2G1) Change In Receivables : €148 Mil (TTM As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Orsted AS Change In Receivables?

Orsted AS's change in receivables for the quarter that ended in Jun. 2024 was €267 Mil. It means Orsted AS's Accounts Receivable declined by €267 Mil from Mar. 2024 to Jun. 2024 .

Orsted AS's change in receivables for the fiscal year that ended in Dec. 2023 was €719 Mil. It means Orsted AS's Accounts Receivable declined by €719 Mil from Dec. 2022 to Dec. 2023 .

Orsted AS's Accounts Receivable for the quarter that ended in Jun. 2024 was €1,064 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. Orsted AS's Days Sales Outstanding for the three months ended in Jun. 2024 was 58.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Orsted AS's liquidation value for the three months ended in Jun. 2024 was €-20,063 Mil.

Orsted AS Change In Receivables Historical Data

The historical data trend for Orsted AS'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.

Orsted AS Change In Receivables Chart

Orsted AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

290.61

-1,450.35

-17.88

718.60

Orsted AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															479.10	-138.52	-233.72	252.81	267.44

Orsted AS 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €148 Mil.

Orsted AS (FRA:D2G1) 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.

Orsted AS's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1063.843	/	1666.374	*	91
=	58.26

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

Orsted AS's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5405.902	-	27149.963	+	0.75 * 1063.843	+	0.5 * 1766.461
=	-20,063

Orsted AS Change In Receivables Related Terms

Thank you for viewing the detailed overview of Orsted AS's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Orsted AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Orsted AS (FRA:D2G1) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

DOGEF:USA DNNGY:USA ORSTEc:UK 0RHE:UK ORSTED:Denmark D2G:Germany

Address

Kraftvaerksvej 53, Skaerbaek, Fredericia, DNK, DK-7000

Website

https://www.orsted.com

Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2022. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the U.S. Orsted also operates 4.2 GW of onshore wind and solar assets concentrated in the United States. The company is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.

Orsted AS Headlines

No Headlines