ECN Capital (ECN Capital) Change In Receivables : $190.8 Mil (TTM As of Mar. 2024)

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What is ECN Capital Change In Receivables?

ECN Capital's change in receivables for the quarter that ended in Mar. 2024 was $117.5 Mil. It means ECN Capital's Accounts Receivable declined by $117.5 Mil from Dec. 2023 to Mar. 2024 .

ECN Capital's change in receivables for the fiscal year that ended in Dec. 2023 was $69.1 Mil. It means ECN Capital's Accounts Receivable declined by $69.1 Mil from Dec. 2022 to Dec. 2023 .

ECN Capital's Accounts Receivable for the quarter that ended in Mar. 2024 was $115.0 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. ECN Capital's Days Sales Outstanding for the three months ended in Mar. 2024 was 220.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ECN Capital's liquidation value for the three months ended in Mar. 2024 was $-719.7 Mil.

ECN Capital Change In Receivables Historical Data

The historical data trend for ECN Capital'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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ECN Capital Change In Receivables Chart

ECN Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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95.37

-27.28

-49.33

-579.33

69.09

ECN Capital 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															-4.19	102.08	28.79	-57.60	117.53

ECN Capital 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 $190.8 Mil.

ECN Capital (OTCPK:ECNCF) 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.

ECN Capital's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	115.046	/	47.539	*	91
=	220.83

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

ECN Capital'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)
=	8.638	-	814.6	+	0.75 * 115.046	+	0.5 * 0
=	-719.7

ECN Capital Change In Receivables Related Terms

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ECN Capital (ECN Capital) Business Description

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Address

161 Bay Street, Suite 2800, Toronto, ON, CAN, M5J2S1

Website

https://www.ecncapitalcorp.com

ECN Capital Corp is a financial business service provider. The group originates, manages, and advises on credit assets on behalf of its partners, specifically consumer loans and commercial loans. The company's operating segment includes Manufactured Housing Finance, and Recreational Vehicle and Marine (RV and Marine) Finance.