First Solar (WBO:FSLR) Change In Receivables : €-895 Mil (TTM As of Dec. 2023)

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What is First Solar Change In Receivables?

First Solar's change in receivables for the quarter that ended in Dec. 2023 was €-137 Mil. It means First Solar's Accounts Receivable increased by €137 Mil from Sep. 2023 to Dec. 2023 .

First Solar's change in receivables for the fiscal year that ended in Dec. 2023 was €-884 Mil. It means First Solar's Accounts Receivable increased by €884 Mil from Dec. 2022 to Dec. 2023 .

First Solar's Accounts Receivable for the quarter that ended in Dec. 2023 was €606 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. First Solar's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First Solar's liquidation value for the three months ended in Dec. 2023 was €-526 Mil.

First Solar Change In Receivables Historical Data

The historical data trend for First Solar'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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First Solar Change In Receivables Chart

First Solar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-66.24

283.71

-85.80

112.08

-883.92

First Solar 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															-55.03	-33.79	-338.31	-386.12	-136.76

First Solar 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 €-895 Mil.

First Solar (WBO:FSLR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	605.932	/	1062.393	*	91
=	52.04

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

First Solar'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)
=	1927.982	-	3372.417	+	0.75 * 605.932	+	0.5 * 928.107
=	-526

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First Solar (WBO:FSLR) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » First Solar Inc (WBO:FSLR) » Definitions » Change In Receivables

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Address

350 West Washington Street, Suite 600, Tempe, AZ, USA, 85281

Website

https://www.firstsolar.com

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.