Cactus (STU:43C) Change In Receivables : €8 Mil (TTM As of Sep. 2024)

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What is Cactus Change In Receivables?

Cactus's change in receivables for the quarter that ended in Sep. 2024 was €8 Mil. It means Cactus's Accounts Receivable declined by €8 Mil from Jun. 2024 to Sep. 2024 .

Cactus's change in receivables for the fiscal year that ended in Dec. 2023 was €-11 Mil. It means Cactus's Accounts Receivable increased by €11 Mil from Dec. 2022 to Dec. 2023 .

Cactus's Accounts Receivable for the quarter that ended in Sep. 2024 was €177 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. Cactus's Days Sales Outstanding for the three months ended in Sep. 2024 was 61.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cactus's liquidation value for the three months ended in Sep. 2024 was €82 Mil.

Cactus Change In Receivables Historical Data

The historical data trend for Cactus'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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Cactus Change In Receivables Chart

Cactus Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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3.78

36.85

-40.26

-46.59

-10.87

Cactus 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															7.00	0.71	-2.77	2.47	7.82

Cactus 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 €8 Mil.

Cactus (STU:43C) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	177.383	/	264.156	*	91
=	61.28

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

Cactus'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)
=	273.342	-	422.968	+	0.75 * 177.383	+	0.5 * 198.039
=	82

Cactus Change In Receivables Related Terms

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Cactus Business Description

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WHD:USA

Address

920 Memorial City Way, Suite 300, Houston, TX, USA, 77024

Website

https://www.cactuswhd.com

Cactus Inc is engaged in the designing, manufacturing, and sale of wellheads and pressure control equipment. Its principal products include Cactus SafeDrill wellhead systems, conventional wellheads, and production valves among others. The company also provides mission-critical field services, including service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. It sells or rents its products principally for onshore unconventional oil and gas wells that are utilized during the drilling, completion (including fracturing), and production. The company has two operating segments; Pressure Control , which generates key revenue and Spoolable Technologies.

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