FTC Solar (STU:6YK0) Change In Receivables : €21.67 Mil (TTM As of Dec. 2024)

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What is FTC Solar Change In Receivables?

FTC Solar's change in receivables for the quarter that ended in Dec. 2024 was €-2.97 Mil. It means FTC Solar's Accounts Receivable increased by €2.97 Mil from Sep. 2024 to Dec. 2024 .

FTC Solar's change in receivables for the fiscal year that ended in Dec. 2024 was €22.44 Mil. It means FTC Solar's Accounts Receivable declined by €22.44 Mil from Dec. 2023 to Dec. 2024 .

FTC Solar's Accounts Receivable for the quarter that ended in Dec. 2024 was €37.92 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. FTC Solar's Days Sales Outstanding for the three months ended in Dec. 2024 was 274.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FTC Solar's liquidation value for the three months ended in Dec. 2024 was €-23.68 Mil.

FTC Solar Change In Receivables Historical Data

The historical data trend for FTC Solar'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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FTC Solar Change In Receivables Chart

FTC Solar Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-7.98

-74.10

54.13

-21.64

22.44

FTC Solar Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															2.77	-1.63	23.18	3.08	-2.97

FTC Solar 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 quarterly data reported by the company within the most recent 12 months, which was €21.67 Mil.

FTC Solar (STU:6YK0) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	37.922	/	12.608	*	91
=	274.46

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

FTC Solar'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)
=	10.741	-	67.702	+	0.75 * 37.922	+	0.5 * 9.688
=	-23.68

FTC Solar Change In Receivables Related Terms

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FTC Solar Business Description

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FTCI:USA 6YK0:Germany

Address

9020 North Capital of Texas Highway, Suite I-260, Austin, TX, USA, 78759

Website

https://www.ftcsolar.com

FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S. manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.

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