Equitrans Midstream (FRA:37W) Change In Receivables : €1 Mil (TTM As of Mar. 2024)

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What is Equitrans Midstream Change In Receivables?

Equitrans Midstream's change in receivables for the quarter that ended in Mar. 2024 was €22 Mil. It means Equitrans Midstream's Accounts Receivable declined by €22 Mil from Dec. 2023 to Mar. 2024 .

Equitrans Midstream's change in receivables for the fiscal year that ended in Dec. 2023 was €20 Mil. It means Equitrans Midstream's Accounts Receivable declined by €20 Mil from Dec. 2022 to Dec. 2023 .

Equitrans Midstream's Accounts Receivable for the quarter that ended in Mar. 2024 was €223 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. Equitrans Midstream's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Equitrans Midstream's liquidation value for the three months ended in Mar. 2024 was €-8,648 Mil.

Equitrans Midstream Change In Receivables Historical Data

The historical data trend for Equitrans Midstream'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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Equitrans Midstream Change In Receivables Chart

Equitrans Midstream Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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15.77

-31.08

58.57

21.26

20.13

Equitrans Midstream 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															41.49	-3.29	-3.57	-13.85	22.10

Equitrans Midstream 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 €1 Mil.

Equitrans Midstream (FRA:37W) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	222.656	/	335.132	*	91
=	60.62

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

Equitrans Midstream'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)
=	47.184	-	8862.06	+	0.75 * 222.656	+	0.5 * 0
=	-8,648

Equitrans Midstream Change In Receivables Related Terms

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Equitrans Midstream (FRA:37W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Equitrans Midstream Corp (FRA:37W) » Definitions » Change In Receivables

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Traded in Other Exchanges

ETRN:USA 37W:Germany

Address

2200 Energy Drive, Canonsburg, PA, USA, 15317

Website

https://www.equitransmidstream.com

Equitrans acquired EQM Midstream in mid-2020, consolidating the midstream family. Equitrans now own EQM assets directly versus just unit ownership. EQM Midstream provides gathering, transmission, and water services to primarily Appalachian producers in Pennsylvania, West Virginia, and Ohio.

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