Enerflex (TSX:EFX) Change In Receivables : C$26 Mil (TTM As of Dec. 2023)

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What is Enerflex Change In Receivables?

Enerflex's change in receivables for the quarter that ended in Dec. 2023 was C$54 Mil. It means Enerflex's Accounts Receivable declined by C$54 Mil from Sep. 2023 to Dec. 2023 .

Enerflex's change in receivables for the fiscal year that ended in Dec. 2023 was C$31 Mil. It means Enerflex's Accounts Receivable declined by C$31 Mil from Dec. 2022 to Dec. 2023 .

Enerflex's Accounts Receivable for the quarter that ended in Dec. 2023 was C$517 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. Enerflex's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Enerflex's liquidation value for the three months ended in Dec. 2023 was C$-1,795 Mil.

Enerflex Change In Receivables Historical Data

The historical data trend for Enerflex'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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Enerflex Change In Receivables Chart

Enerflex Annual Data

Trend

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Dec23

Change In Receivables

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59.45

234.32

-70.14

-185.80

31.25

Enerflex 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															-78.98	-12.74	-12.39	-2.95	54.39

Enerflex 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$26 Mil.

Enerflex (TSX:EFX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	517.011	/	782.208	*	91
=	60.31

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

Enerflex'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)
=	140.514	-	2517.958	+	0.75 * 517.011	+	0.5 * 389.398
=	-1,795

Enerflex Change In Receivables Related Terms

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Enerflex (TSX:EFX) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enerflex Ltd (TSX:EFX) » Definitions » Change In Receivables

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EFXT:USA 7EX:Germany

Address

1331 MacLeod Trail SE, Suite 904, Calgary, AB, CAN, T2G 0K3

Website

https://www.enerflex.com

Enerflex Ltd engineers, designs, manufactures and provides aftermarket support for equipment, systems, and turnkey facilities used to process and move natural gas from the wellhead to the pipeline. The company's focus is gas compression, where it offers a range of applications and gas inlet streams, from low-horsepower/low-pressure applications such as coal seam gas and solution gas vapor recovery units to high-horsepower, centralized field, or processing plant compression. Enerflex operates three business segments: the USA, the Rest of the World, and Canada. Each regional business segment has three main product lines: Engineered Systems, After?market Service, and Energy Infrastructure. The USA segment earns the majority of the revenue.