Montauk Renewables (Montauk Renewables) Change In Receivables : $-9.2 Mil (TTM As of Mar. 2024)

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What is Montauk Renewables Change In Receivables?

Montauk Renewables's change in receivables for the quarter that ended in Mar. 2024 was $1.6 Mil. It means Montauk Renewables's Accounts Receivable declined by $1.6 Mil from Dec. 2023 to Mar. 2024 .

Montauk Renewables's change in receivables for the fiscal year that ended in Dec. 2023 was $-9.8 Mil. It means Montauk Renewables's Accounts Receivable increased by $9.8 Mil from Dec. 2022 to Dec. 2023 .

Montauk Renewables's Accounts Receivable for the quarter that ended in Mar. 2024 was $9.4 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. Montauk Renewables's Days Sales Outstanding for the three months ended in Mar. 2024 was 22.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Montauk Renewables's liquidation value for the three months ended in Mar. 2024 was $-30.0 Mil.

Montauk Renewables Change In Receivables Historical Data

The historical data trend for Montauk 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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Montauk Renewables Change In Receivables Chart

Montauk Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2.29

2.48

-1.52

-3.05

-9.82

Montauk Renewables Quarterly Data
	Dec18	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															1.03	-14.28	-4.88	8.30	1.64

Montauk 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 $-9.2 Mil.

Montauk Renewables (NAS:MNTK) 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.

Montauk 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
=	9.431	/	38.787	*	91
=	22.19

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

Montauk 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)
=	63.277	-	100.359	+	0.75 * 9.431	+	0.5 * 0
=	-30.0

Montauk Renewables Change In Receivables Related Terms

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Montauk Renewables (Montauk Renewables) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Montauk Renewables Inc (NAS:MNTK) » Definitions » Change In Receivables

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Traded in Other Exchanges

MKR:South Africa

Address

5313 Campbells Run Road, Suite 200, Pittsburgh, PA, USA, 15205

Website

https://ir.montaukrenewables.com

Montauk Renewables Inc is a United States-based renewable energy company. It specializes in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement for fossil fuels. The firm develops, owns, and operates RNG projects that supply renewable fuel into the transportation and electrical power sectors. Montauk operates in three segments: Renewable Natural Gas, Renewable Electricity Generation and Corporate. It generates a majority of its revenue from the Renewable Natural Gas segment.

Executives

Michael Barsch	officer: See Remarks	5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Sean F Mcclain	director, officer: President and CEO	C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Scott E Hill	officer: VP of Business Development	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR. FOSTER PL 10 FL 5, PITTSBURGH PA 15220
Jennifer E Cunningham	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN PL 10, FL 5, PITTSBURGH PA 15220
Sharon R Frank	officer: VP Environ. Health & Safety	C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Yunis Shaik	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN PL 10, FL 5, PITTSBURGH PA 15220
John Ciroli	officer: VP, GC and Secretary	C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
John A Copelyn	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Van Asdalan Kevin A	officer: CFO and Treasurer	C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
James A Shaw	officer: Vice President of Operations	C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Bruce S Raynor	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10 FL 5, PITTSBURGH PA 15220
Mohamed H Ahmed	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Michael Alon Jacobson	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Montauk Holdings Ltd	10 percent owner	5TH FLOOR STERLING STREET, ZONNEBLOEM, CAPE TOWN T3 7925
Govender Theventheran (kevin) G	director	C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR. FOSTER PL 10 FL 5, PITTSBURGH PA 15220