Algoma Steel Group (TSX:ASTL) Change In Receivables : C$-20 Mil (TTM As of Mar. 2025)

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What is Algoma Steel Group Change In Receivables?

Algoma Steel Group's change in receivables for the quarter that ended in Mar. 2025 was C$0 Mil. It means Algoma Steel Group's Accounts Receivable stayed the same from Dec. 2024 to Mar. 2025 .

Algoma Steel Group's change in receivables for the fiscal year that ended in Mar. 2023 was C$120 Mil. It means Algoma Steel Group's Accounts Receivable declined by C$120 Mil from Mar. 2022 to Mar. 2023 .

Algoma Steel Group's Accounts Receivable for the quarter that ended in Mar. 2025 was C$253 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. Algoma Steel Group's Days Sales Outstanding for the three months ended in Mar. 2025 was 44.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Algoma Steel Group's liquidation value for the three months ended in Mar. 2025 was C$-844 Mil.

Algoma Steel Group Change In Receivables Historical Data

The historical data trend for Algoma Steel Group'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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Algoma Steel Group Change In Receivables Chart

Algoma Steel Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Change In Receivables

88.40

-47.20

-127.00

119.50

Algoma Steel Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Receivables	Get a 7-Day Free Trial															38.80	-20.10	-	-	-

Algoma Steel Group 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-20 Mil.

Algoma Steel Group (TSX:ASTL) 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.

Algoma Steel Group's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	253.3	/	517.1	*	91
=	44.70

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

Algoma Steel Group's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	226.5	-	1607	+	0.75 * 253.3	+	0.5 * 693.9
=	-844

Algoma Steel Group Change In Receivables Related Terms

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Algoma Steel Group Business Description

Industry

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Traded in Other Exchanges

ASTL:USA 9ZY:Germany

Address

105 West Street, Sault Ste. Marie, ON, CAN, P6A 7B4

Website

https://www.algoma.com

Algoma Steel Group Inc is a fully integrated steel producer of hot and cold rolled steel products, including coiled sheet and plate, strategically located. The firm operates in a single segment of basic steel production including sheets, plates, slabs, and freights. The company's revenue is generated from contracts to produce, ship, and deliver steel products Geographically it serves Canada, the United States, and the rest of the world, whilst driving key revenue from domestic sales. The company generates the majority of its revenue from the sale of Steel sheets and strips.

Executives