Fennec Pharmaceuticals (STU:RV41) Change In Receivables : €-7.93 Mil (TTM As of Mar. 2024)

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What is Fennec Pharmaceuticals Change In Receivables?

Fennec Pharmaceuticals's change in receivables for the quarter that ended in Mar. 2024 was €-1.34 Mil. It means Fennec Pharmaceuticals's Accounts Receivable increased by €1.34 Mil from Dec. 2023 to Mar. 2024 .

Fennec Pharmaceuticals's change in receivables for the fiscal year that ended in Dec. 2023 was €-6.67 Mil. It means Fennec Pharmaceuticals's Accounts Receivable increased by €6.67 Mil from Dec. 2022 to Dec. 2023 .

Fennec Pharmaceuticals's Accounts Receivable for the quarter that ended in Mar. 2024 was €9.45 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. Fennec Pharmaceuticals's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fennec Pharmaceuticals's liquidation value for the three months ended in Mar. 2024 was €-5.76 Mil.

Fennec Pharmaceuticals Change In Receivables Historical Data

The historical data trend for Fennec Pharmaceuticals'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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Fennec Pharmaceuticals Change In Receivables Chart

Fennec Pharmaceuticals Annual Data

Trend

Dec14

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Dec23

Change In Receivables

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-1.46

-6.67

Fennec Pharmaceuticals Quarterly Data
	Jun19	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															-0.13	-0.70	-1.95	-3.93	-1.34

Fennec Pharmaceuticals 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 €-7.93 Mil.

Fennec Pharmaceuticals (STU:RV41) 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.

Fennec Pharmaceuticals's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.452	/	23.347	*	91
=	36.94

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

Fennec Pharmaceuticals'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)
=	47.089	-	60.885	+	0.75 * 9.452	+	0.5 * 1.899
=	-5.76

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Fennec Pharmaceuticals (STU:RV41) Business Description

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Address

68 TW Alexander Drive, PO Box 13628, Research Triangle Park, NC, USA, 27709

Website

https://www.fennecpharma.com

Fennec Pharmaceuticals Inc is a clinical-stage biotechnology company. It is engaged in research and development activities. The company is developing Sodium Thiosulfate (STS), a chemo-protectant against hearing loss associated with platinum-based chemotherapy. Its product candidate is PEDMARK which is sodium thiosulfate in a novel formulation for the prevention of cisplatin induced hearing loss, or ototoxicity in children. The company principally operates in the United States.

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