Synex Renewable Energy (TSX:SXI) Change In Receivables : C$-0.32 Mil (TTM As of Sep. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Synex Renewable Energy Change In Receivables?

Synex Renewable Energy's change in receivables for the quarter that ended in Sep. 2024 was C$-0.13 Mil. It means Synex Renewable Energy's Accounts Receivable increased by C$0.13 Mil from Jun. 2024 to Sep. 2024 .

Synex Renewable Energy's change in receivables for the fiscal year that ended in Jun. 2024 was C$-0.23 Mil. It means Synex Renewable Energy's Accounts Receivable increased by C$0.23 Mil from Jun. 2023 to Jun. 2024 .

Synex Renewable Energy's Accounts Receivable for the quarter that ended in Sep. 2024 was C$0.02 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. Synex Renewable Energy's Days Sales Outstanding for the three months ended in Sep. 2024 was 8.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Synex Renewable Energy's liquidation value for the three months ended in Sep. 2024 was C$-15.61 Mil.

Synex Renewable Energy Change In Receivables Historical Data

The historical data trend for Synex Renewable Energy'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.

* Premium members only.

Synex Renewable Energy Change In Receivables Chart

Synex Renewable Energy Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Receivables

Get a 7-Day Free Trial

-0.08

-0.58

0.29

0.41

-0.23

Synex Renewable Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-0.04	-0.40	0.06	0.14	-0.13

Synex Renewable Energy 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.32 Mil.

Synex Renewable Energy (TSX:SXI) 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.

Synex Renewable Energy's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.019	/	0.21	*	91
=	8.26

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

Synex Renewable Energy's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.274	-	15.9	+	0.75 * 0.019	+	0.5 * 0
=	-15.61

Synex Renewable Energy Change In Receivables Related Terms

Thank you for viewing the detailed overview of Synex Renewable Energy's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Synex Renewable Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Synex Renewable Energy Corp (TSX:SXI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

4248 Broughton Avenue, Niagara Falls, ON, CAN, L2E 0A4

Website

https://www.synex.com

Synex Renewable Energy Corp is engaged in the development, ownership, and operation of electric generation facilities and the provision of consulting engineering and environmental services in water resources, particularly hydroelectric facilities. Its projects include Barr Creek Hydro Plant, Mears Creek Hydro Project, Cypress Creek Hydro Project, and Sea Breeze products among others.

Executives