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Drax Group (MEX:DRX N) Change In Receivables : MXN9,367 Mil (TTM As of Dec. 2024)


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What is Drax Group Change In Receivables?

Drax Group's change in receivables for the quarter that ended in Dec. 2024 was MXN1,946 Mil. It means Drax Group's Accounts Receivable declined by MXN1,946 Mil from Jun. 2024 to Dec. 2024 .

Drax Group's change in receivables for the fiscal year that ended in Dec. 2024 was MXN10,341 Mil. It means Drax Group's Accounts Receivable declined by MXN10,341 Mil from Dec. 2023 to Dec. 2024 .

Drax Group's Accounts Receivable for the quarter that ended in Dec. 2024 was MXN2,779 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. Drax Group's Days Sales Outstanding for the six months ended in Dec. 2024 was 6.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Drax Group's liquidation value for the six months ended in Dec. 2024 was MXN-71,596 Mil.


Drax Group Change In Receivables Historical Data

The historical data trend for Drax Group'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.

Drax Group Change In Receivables Chart

Drax Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 671.09 -747.45 -8,999.98 1,534.13 10,340.84

Drax Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -8,221.09 4,361.74 -2,795.38 7,421.27 1,945.83

Drax Group 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was MXN9,367 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.


Drax Group  (MEX:DRX N) 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.

Drax Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2779.002/79209.474*91
=6.40

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

Drax Group'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)
=9386.383-87048.159+0.75 * 2779.002+0.5 * 7962.606
=-71,596

* 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.


Drax Group Change In Receivables Related Terms

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Drax Group Business Description

Traded in Other Exchanges
Address
Drax Power Station, Selby, North Yorkshire, GBR, YO8 8PH
Drax Group PLC is a UK-based renewable energy company engaged in renewable power generation, the production of sustainable biomass and the sale of renewable electricity to businesses. It operates a generation portfolio of sustainable biomass, hydro-electric, and pumped hydro storage assets across four sites in England and Scotland. The company also operates a global bioenergy supply business with manufacturing facilities in the United States and Canada, producing compressed wood pellets for its own use and for customers in Europe and Asia. Its segments include Pellet Production, Generation, and Customers. The majority of its revenue is generated from the Customers segment which sells renewable electricity to industrial and commercial customers in the United Kingdom.

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