RAMPF (Polaris Renewable Energy) Change In Receivables : $0.68 Mil (TTM As of Sep. 2024)

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What is Polaris Renewable Energy Change In Receivables?

Polaris Renewable Energy's change in receivables for the quarter that ended in Sep. 2024 was $0.05 Mil. It means Polaris Renewable Energy's Accounts Receivable declined by $0.05 Mil from Jun. 2024 to Sep. 2024 .

Polaris Renewable Energy's change in receivables for the fiscal year that ended in Dec. 2023 was $0.61 Mil. It means Polaris Renewable Energy's Accounts Receivable declined by $0.61 Mil from Dec. 2022 to Dec. 2023 .

Polaris Renewable Energy's Accounts Receivable for the quarter that ended in Sep. 2024 was $11.68 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. Polaris Renewable Energy's Days Sales Outstanding for the three months ended in Sep. 2024 was 60.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Polaris Renewable Energy's liquidation value for the three months ended in Sep. 2024 was $-188.18 Mil.

Polaris Renewable Energy Change In Receivables Historical Data

The historical data trend for Polaris Renewable 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.

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Polaris Renewable Energy Change In Receivables Chart

Polaris Renewable Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.08

-4.09

10.07

-0.22

0.61

Polaris Renewable Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															1.17	1.73	-1.20	0.10	0.05

Polaris Renewable 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 $0.68 Mil.

Polaris Renewable Energy (OTCPK:RAMPF) 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.

Polaris Renewable 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
=	11.68	/	17.658	*	91
=	60.36

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

Polaris Renewable 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)
=	41.787	-	238.727	+	0.75 * 11.68	+	0.5 * 0
=	-188.18

Polaris Renewable Energy Change In Receivables Related Terms

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Polaris Renewable Energy Business Description

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Address

7 St. Thomas Street, Suite 606, Toronto, ON, CAN, M5S 2B7

Website

https://www.polarisrei.com

Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development and operation of renewable energy projects in the Americas. The Company operates in five reportable operating segments: 1) Nicaragua which includes the acquisition, exploration, development and operation of a geothermal project; 2) Peru which includes the acquisition, exploration, development and operation of hydroelectric projects; 3) Panama which includes acquisition, development and operation of solar projects; 4) Dominican Republic which includes acquisition, development and operation of solar projects; 5) Ecuador which includes acquisition, exploration, development and operation of hydroelectric projects.