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Flotek Industries's change in receivables for the quarter that ended in Dec. 2024 was $-10.5 Mil. It means Flotek Industries's Accounts Receivable increased by $10.5 Mil from Sep. 2024 to Dec. 2024 .
Flotek Industries's change in receivables for the fiscal year that ended in Dec. 2024 was $-21.7 Mil. It means Flotek Industries's Accounts Receivable increased by $21.7 Mil from Dec. 2023 to Dec. 2024 .
Flotek Industries's Accounts Receivable for the quarter that ended in Dec. 2024 was $69.8 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. Flotek Industries's Days Sales Outstanding for the three months ended in Dec. 2024 was 125.40.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Flotek Industries's liquidation value for the three months ended in Dec. 2024 was $6.5 Mil.
The historical data trend for Flotek Industries'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.
Flotek Industries Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial |
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3.74 | -1.03 | -32.31 | -6.58 | -21.67 |
Flotek Industries Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Change In Receivables | Get a 7-Day Free Trial |
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-7.97 | -1.15 | -4.04 | -5.96 | -10.52 |
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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.7 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.
Flotek Industries (NYSE:FTK) 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.
Flotek Industries's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 69.756 | / | 50.758 | * | 91 |
= | 125.40 |
2. In Ben Graham's calculation of liquidation value, Flotek Industries's accounts receivable are only considered to be worth 75% of book value:
Flotek Industries's liquidation value for the quarter that ended in Dec. 2024 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 4.404 | - | 56.896 | + | 0.75 * 69.756 | + | 0.5 * 13.303 |
= | 6.5 |
* 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.
Thank you for viewing the detailed overview of Flotek Industries's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
David Nierenberg | director | 19605 NE 8TH STREET, CAMAS WA 98607 |
Ryan Gillis Ezell | officer: SVP, Operations | 10603 N. SAM HOUSTON PARKWAY W., SUITE 300, HOUSTON TX 77064 |
Matthew Wilks | director | 17010 IH-20, CISCO TX 76437 |
James Bond Clement | officer: Chief Financial Officer | 400 E. KALISTE SALOOM ROAD, SUITE 6000, LAFAYETTE LA 70508 |
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