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Ultrapar Participacoes (Ultrapar Participacoes) Change In Receivables : $-193 Mil (TTM As of Dec. 2023)


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What is Ultrapar Participacoes Change In Receivables?

Ultrapar Participacoes's change in receivables for the quarter that ended in Dec. 2023 was $-135 Mil. It means Ultrapar Participacoes's Accounts Receivable increased by $135 Mil from Sep. 2023 to Dec. 2023 .

Ultrapar Participacoes's change in receivables for the fiscal year that ended in Dec. 2023 was $-192 Mil. It means Ultrapar Participacoes's Accounts Receivable increased by $192 Mil from Dec. 2022 to Dec. 2023 .

Ultrapar Participacoes's Accounts Receivable for the quarter that ended in Dec. 2023 was $989 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. Ultrapar Participacoes's Days Sales Outstanding for the three months ended in Dec. 2023 was 13.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ultrapar Participacoes's liquidation value for the three months ended in Dec. 2023 was $-2,495 Mil.

Ultrapar Participacoes Change In Receivables Historical Data

The historical data trend for Ultrapar Participacoes'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.

Ultrapar Participacoes Change In Receivables Chart

Ultrapar Participacoes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -94.02 -72.75 -315.29 -540.54 -192.16

Ultrapar Participacoes 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -278.62 41.43 68.30 -167.45 -135.09

Ultrapar Participacoes 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 $-193 Mil.

* 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.

Ultrapar Participacoes  (NYSE:UGP) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=989.051/6820.865*91
=13.23

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

Ultrapar Participacoes'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)
=1269.158-4943.497+0.75 * 989.051+0.5 * 875.838
=-2,495

* 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.

Ultrapar Participacoes Change In Receivables Related Terms

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Ultrapar Participacoes (Ultrapar Participacoes) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ultrapar Participacoes SA (NYSE:UGP) » Definitions » Change In Receivables
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BSP:CSAN3 BSP:RPMG3 NSE:RELIANCE MPC PSX VLO NSE:IOC OHEL:NESTE TPE:6505 XKAZ:KMGZ BOM:500547 TSE:5020 DINO IST:TUPRS TSE:5019 XKRX:096770 NSE:HINDPETRO SAU:2223 IEP HKSE:00135
Traded in Other Exchanges
UGPN:Mexico UGR:Germany UGPA3:Brazil UGP:Argentina
Address
Brigadeiro Luis Antonio Avenue, 1343, Sao Paulo, SP, BRA, 01317-910
Website
https://www.ultra.com.br
Ultrapar Participacoes SA engages in the investment of its own capital in services, commercial, industrial activities, through the subscription or acquisition of shares of other companies. The Company has three business segments: gas distribution, fuel distribution and storage. The gas distribution segment (Ultragaz) distributes LPG to residential, commercial, and industrial consumers, especially in the South, Southeast, and Northeast regions of Brazil. The fuel distribution segment operates the distribution and marketing of gasoline, ethanol, diesel, fuel oil, kerosene, natural gas for vehicles, and lubricants and related activities throughout all the Brazilian territory. The storage segment operates liquid bulk terminals, especially in the Southeast and Northeast regions of Brazil.