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Eastman Chemical Co (BSP:E1MN34) Change In Receivables : R$536 Mil (TTM As of Mar. 2024)


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What is Eastman Chemical Co Change In Receivables?

Eastman Chemical Co's change in receivables for the quarter that ended in Mar. 2024 was R$-523 Mil. It means Eastman Chemical Co's Accounts Receivable increased by R$523 Mil from Dec. 2023 to Mar. 2024 .

Eastman Chemical Co's change in receivables for the fiscal year that ended in Dec. 2023 was R$617 Mil. It means Eastman Chemical Co's Accounts Receivable declined by R$617 Mil from Dec. 2022 to Dec. 2023 .

Eastman Chemical Co's Accounts Receivable for the quarter that ended in Mar. 2024 was R$4,611 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. Eastman Chemical Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Eastman Chemical Co's liquidation value for the three months ended in Mar. 2024 was R$-35,167 Mil.

Eastman Chemical Co Change In Receivables Historical Data

The historical data trend for Eastman Chemical Co'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.

Eastman Chemical Co Change In Receivables Chart

Eastman Chemical Co 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 697.77 -159.49 -1,589.03 487.82 617.38

Eastman Chemical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -473.98 601.86 172.86 284.19 -522.88

Eastman Chemical Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$536 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.

Eastman Chemical Co  (BSP:E1MN34) 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.

Eastman Chemical Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4611.295/11503.338*91
=36.58

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

Eastman Chemical Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2484.92-45515.372+0.75 * 4611.295+0.5 * 8809.266
=-35,167

* 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.

Eastman Chemical Co Change In Receivables Related Terms

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Eastman Chemical Co (BSP:E1MN34) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Eastman Chemical Co (BSP:E1MN34) » Definitions » Change In Receivables
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EMN:USA EMN:Mexico EAC:Germany
Address
200 South Wilcox Drive, Kingsport, TN, USA, 37662
Website
https://www.eastman.com
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemicals company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.

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