Trinidad Cement (TRN:TCL) Change In Receivables : TTD-41 Mil (TTM As of Mar. 2024)

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What is Trinidad Cement Change In Receivables?

Trinidad Cement's change in receivables for the quarter that ended in Mar. 2024 was TTD-12 Mil. It means Trinidad Cement's Accounts Receivable increased by TTD12 Mil from Dec. 2023 to Mar. 2024 .

Trinidad Cement's change in receivables for the fiscal year that ended in Dec. 2023 was TTD10 Mil. It means Trinidad Cement's Accounts Receivable declined by TTD10 Mil from Dec. 2022 to Dec. 2023 .

Trinidad Cement's Accounts Receivable for the quarter that ended in Mar. 2024 was TTD45 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. Trinidad Cement's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trinidad Cement's liquidation value for the three months ended in Mar. 2024 was TTD-899 Mil.

Trinidad Cement Change In Receivables Historical Data

The historical data trend for Trinidad Cement'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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Trinidad Cement Change In Receivables Chart

Trinidad Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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23.12

24.82

2.18

-30.59

10.13

Trinidad Cement 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															4.02	-67.35	-3.70	41.75	-11.68

Trinidad Cement 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 TTD-41 Mil.

Trinidad Cement (TRN:TCL) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	44.867	/	573.391	*	91
=	7.14

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

Trinidad Cement'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)
=	340.672	-	1471.112	+	0.75 * 44.867	+	0.5 * 396.287
=	-899

Trinidad Cement Change In Receivables Related Terms

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Trinidad Cement (TRN:TCL) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Trinidad Cement Ltd (TRN:TCL) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Southern Main Road, Claxton Bay, Trinidad, TTO

Website

https://www.tclgroup.com

Trinidad Cement Ltd is engaged in the manufacture and sale of cement, concrete, and aggregates. The company's operations are organized into three operating segments, Cement, Concrete, and Packaging. The firm offers Portland-pozzolan cement, ordinary Portland cement, and Class G high sulfate-resistant oilwell cement. The company has operations in Trinidad and Tobago, Jamaica, Barbados, and other countries. Geographically the company receives maximum revenue from Jamaica.

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