Trex Co (FRA:TRR) Change In Receivables : €-65 Mil (TTM As of Mar. 2024)

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What is Trex Co Change In Receivables?

Trex Co's change in receivables for the quarter that ended in Mar. 2024 was €-306 Mil. It means Trex Co's Accounts Receivable increased by €306 Mil from Dec. 2023 to Mar. 2024 .

Trex Co's change in receivables for the fiscal year that ended in Dec. 2023 was €52 Mil. It means Trex Co's Accounts Receivable declined by €52 Mil from Dec. 2022 to Dec. 2023 .

Trex Co's Accounts Receivable for the quarter that ended in Mar. 2024 was €344 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. Trex Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 91.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trex Co's liquidation value for the three months ended in Mar. 2024 was €-132 Mil.

Trex Co Change In Receivables Historical Data

The historical data trend for Trex 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.

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Trex Co Change In Receivables Chart

Trex Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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11.43

-23.25

-39.25

40.13

52.20

Trex 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															-190.55	32.55	61.75	146.51	-305.75

Trex 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 €-65 Mil.

Trex Co (FRA:TRR) 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.

Trex 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
=	343.592	/	343.744	*	91
=	91.21

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

Trex 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)
=	2.809	-	449.707	+	0.75 * 343.592	+	0.5 * 113.974
=	-132

Trex Co Change In Receivables Related Terms

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Trex Co (FRA:TRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trex Co Inc (FRA:TRR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

TREX:USA TREX1:Mexico TRR:Germany

Address

160 Exeter Drive, Winchester, VA, USA, 22603-8605

Website

https://www.trex.com

Trex Co Inc is a manufacturer of wooden alternative-decking products. The company offers outdoor products in the decking, railing, porch, fencing, trim, steel deck framing, and outdoor lighting categories. Its products are sold under the Trex brand and manufactured in the United States. Further, the company licenses its Trex brand to third parties to manufacture and sell products under the Trex trademark. The distribution is focused on wholesale distributors and retail lumber dealers, which in turn sell Trex products to homeowners and contractors, with an emphasis on professional contractors, remodelers, and homebuilders. The company operates in two reportable segments Trex Residential and Trex Commercial. The majority of revenue is derived from the Trex Residential segment.