SP New Energy (PHS:SPNEC) Change In Receivables: ₱-41 Mil (TTM As of Sep. 2024)


PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.43
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What is SP New Energy Change In Receivables?

SP New Energy PHS:SPNEC +2.88% 33 Change In Receivables is ₱-41 Mil as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

SP New Energy's change in receivables for the quarter that ended in Sep. 2024 was ₱9 Mil. It means SP New Energy's Accounts Receivable declined by ₱9 Mil from Jun. 2024 to Sep. 2024 .

SP New Energy's change in receivables for the fiscal year that ended in Dec. 2023 was ₱127 Mil. It means SP New Energy's Accounts Receivable declined by ₱127 Mil from Jun. 2022 to Dec. 2023 .

SP New Energy's Accounts Receivable for the quarter that ended in Sep. 2024 was ₱178 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. SP New Energy's Days Sales Outstanding for the three months ended in Sep. 2024 was 60.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SP New Energy's liquidation value for the three months ended in Sep. 2024 was ₱-1,186 Mil.

SP New Energy  (PHS:SPNEC) 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.

SP New Energy's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=177.694/268.236*91
=60.45

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

SP New Energy's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6940.138-8259.191+0.75 * 177.694+0.5 * 0
=-1,186

* 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.

SP New Energy Change In Receivables Related Terms

SP New Energy Change In Receivables Historical Data

* Premium members only.

The historical data trend for SP New Energy'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.

SP New Energy Change In Receivables Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Change In Receivables
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 126.79

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.00 0.00 -30.83 -19.34 8.99
PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New Energy 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱-41 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ₱-41 Mil mean?
SP New Energy (PHS:SPNEC) has a Change In Receivables of ₱-41 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SP New Energy and its competitors.
Is SP New Energy's Change In Receivables too high?
SP New Energy's current Change In Receivables is ₱-41 Mil. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Change In Receivables compare to CEG?
SP New Energy's Change In Receivables of ₱-41 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Utilities - Independent Power Producers company?
A good Change In Receivables depends on the Utilities - Independent Power Producers industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for SP New Energy and its competitors. SP New Energy's current Change In Receivables is ₱-41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Change In Receivables of ₱-41 Mil. The current Change In Receivables is ₱-41 Mil. SP New Energy's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For SP New Energy (PHS:SPNEC), the current Change In Receivables is ₱-41 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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