SUUIF (Superior Plus) Change In Receivables : $37 Mil (TTM As of Dec. 2024)

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What is Superior Plus Change In Receivables?

Superior Plus's change in receivables for the quarter that ended in Dec. 2024 was $-129 Mil. It means Superior Plus's Accounts Receivable increased by $129 Mil from Sep. 2024 to Dec. 2024 .

Superior Plus's change in receivables for the fiscal year that ended in Dec. 2024 was $37 Mil. It means Superior Plus's Accounts Receivable declined by $37 Mil from Dec. 2023 to Dec. 2024 .

Superior Plus's Accounts Receivable for the quarter that ended in Dec. 2024 was $316 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. Superior Plus's Days Sales Outstanding for the three months ended in Dec. 2024 was 41.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Superior Plus's liquidation value for the three months ended in Dec. 2024 was $-2,248 Mil.

Superior Plus Change In Receivables Historical Data

The historical data trend for Superior Plus'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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Superior Plus Change In Receivables Chart

Superior Plus Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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30.90

-70.43

-30.28

195.20

36.90

Superior Plus 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															-113.10	20.60	132.90	11.90	-128.50

Superior Plus 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 $37 Mil.

Superior Plus (OTCPK:SUUIF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	316.2	/	702.3	*	91
=	41.08

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

Superior Plus'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)
=	17.1	-	2540.7	+	0.75 * 316.2	+	0.5 * 77.9
=	-2,248

Superior Plus Change In Receivables Related Terms

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Superior Plus Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Superior Plus Corp (OTCPK:SUUIF) » Definitions » Change In Receivables

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8SP:Germany SPB:Canada

Address

200 Wellington Street West, Suite 401, Toronto, ON, CAN, M5V 3C7

Website

https://www.superiorplus.com

Superior Plus Corp is a Canadian-based company that distributes energy and specialty chemicals. The company is organized into four business segments: U.S. Propane Distribution, Canadian Propane Distribution, Wholesale Propane Distribution and Certarus, out of which the majority is from the U.S. Propane segment. The products & services offered by the company include wholesale procurement, distribution, related services for propane and other refined fuels, and supply of chemicals required by industries. The U.S. Propane segment distributes propane gas & liquid fuels along the Eastern U.S. & into the Midwest and California.