ADF Group (TSX:DRX) Change In Receivables : C$11.4 Mil (TTM As of Jan. 2024)

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What is ADF Group Change In Receivables?

ADF Group's change in receivables for the quarter that ended in Jan. 2024 was C$3.9 Mil. It means ADF Group's Accounts Receivable declined by C$3.9 Mil from Oct. 2023 to Jan. 2024 .

ADF Group's change in receivables for the fiscal year that ended in Jan. 2024 was C$11.4 Mil. It means ADF Group's Accounts Receivable declined by C$11.4 Mil from Jan. 2023 to Jan. 2024 .

ADF Group's Accounts Receivable for the quarter that ended in Jan. 2024 was C$77.8 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. ADF Group's Days Sales Outstanding for the three months ended in Jan. 2024 was 80.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ADF Group's liquidation value for the three months ended in Jan. 2024 was C$-28.9 Mil.

ADF Group Change In Receivables Historical Data

The historical data trend for ADF 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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ADF Group Change In Receivables Chart

ADF Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Receivables

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-6.70

-5.63

-0.76

-60.66

11.37

ADF Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-49.61	34.84	-10.59	-16.79	3.91

ADF 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$11.4 Mil.

ADF Group (TSX:DRX) 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.

ADF Group's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	77.844	/	88.394	*	91
=	80.36

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

ADF Group's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	72.379	-	166.475	+	0.75 * 77.844	+	0.5 * 13.534
=	-28.9

ADF Group Change In Receivables Related Terms

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ADF Group (TSX:DRX) Business Description

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ADFJF:USA 4QM:Germany

Address

300, rue Henry-Bessemer, Terrebonne, QC, CAN, J6Y 1T3

Website

https://www.adfgroup.com

ADF Group Inc involves in the design and engineering of connections, fabrication, including industrial coating, and the installation of steel structures and steel built-ups, as well as miscellaneous and architectural metalwork. The company's products and services are intended for the five principal segments of the non-residential construction industry: Office towers and high-rises, Commercial and recreational buildings, Airport facilities, Industrial complexes, and Transport infrastructures. It serves the client base in the non-residential construction industry, such as general contractors, project owners, engineering firms and project architects, and other steel structure fabricators. The company operates in the United States and Canada.

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