Ballard Power Systems (TSX:BLDP) Change In Receivables : C$-17.3 Mil (TTM As of Dec. 2023)

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What is Ballard Power Systems Change In Receivables?

Ballard Power Systems's change in receivables for the quarter that ended in Dec. 2023 was C$-21.8 Mil. It means Ballard Power Systems's Accounts Receivable increased by C$21.8 Mil from Sep. 2023 to Dec. 2023 .

Ballard Power Systems's change in receivables for the fiscal year that ended in Dec. 2023 was C$-17.3 Mil. It means Ballard Power Systems's Accounts Receivable increased by C$17.3 Mil from Dec. 2022 to Dec. 2023 .

Ballard Power Systems's Accounts Receivable for the quarter that ended in Dec. 2023 was C$50.3 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. Ballard Power Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 74.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ballard Power Systems's liquidation value for the three months ended in Dec. 2023 was C$963.2 Mil.

Ballard Power Systems Change In Receivables Historical Data

The historical data trend for Ballard Power Systems'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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Ballard Power Systems Change In Receivables Chart

Ballard Power Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-19.09

-2.68

12.34

-4.00

-17.32

Ballard Power Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															0.89	7.14	6.28	-8.91	-21.83

Ballard Power Systems 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-17.3 Mil.

Ballard Power Systems (TSX:BLDP) 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.

Ballard Power Systems's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	50.297	/	61.901	*	91
=	74.14

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

Ballard Power Systems's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1010.551	-	115.815	+	0.75 * 50.297	+	0.5 * 61.539
=	963.2

Ballard Power Systems Change In Receivables Related Terms

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Ballard Power Systems (TSX:BLDP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ballard Power Systems Inc (TSX:BLDP) » Definitions » Change In Receivables

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Traded in Other Exchanges

BLDP:USA 0QY5:UK PO0:Germany

Address

9000 Glenlyon Parkway, Burnaby, BC, CAN, V5J 5J8

Website

https://www.ballard.com

Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the U.S., Europe, and China.

Executives

Sarbjot Sidhu

Senior Officer