Iren SpA (Iren SpA) Change In Receivables : $-124 Mil (TTM As of Mar. 2024)

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What is Iren SpA Change In Receivables?

Iren SpA's change in receivables for the quarter that ended in Mar. 2024 was $-129 Mil. It means Iren SpA's Accounts Receivable increased by $129 Mil from Dec. 2023 to Mar. 2024 .

Iren SpA's change in receivables for the fiscal year that ended in Dec. 2023 was $-45 Mil. It means Iren SpA's Accounts Receivable increased by $45 Mil from Dec. 2022 to Dec. 2023 .

Iren SpA's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,519 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. Iren SpA's Days Sales Outstanding for the three months ended in Mar. 2024 was 82.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Iren SpA's liquidation value for the three months ended in Mar. 2024 was $-7,208 Mil.

Iren SpA Change In Receivables Historical Data

The historical data trend for Iren SpA'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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Iren SpA Change In Receivables Chart

Iren SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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26.33

-46.65

-495.02

-458.60

-45.43

Iren SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-52.75	295.00	68.97	-359.11	-128.69

Iren SpA 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 $-124 Mil.

Iren SpA (OTCPK:IRDEF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1518.513	/	1677.116	*	91
=	82.62

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

Iren SpA'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)
=	1323.486	-	9713.234	+	0.75 * 1518.513	+	0.5 * 84.813
=	-7,208

Iren SpA Change In Receivables Related Terms

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Iren SpA (Iren SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Iren SpA (OTCPK:IRDEF) » Definitions » Change In Receivables

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Traded in Other Exchanges

IRE:Italy IREm:UK 0MUN:UK TZ8:Germany

Address

Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123

Website

https://www.gruppoiren.it

Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.