Acesite Phils Hotel (PHS:ACE) Change In Receivables : ₱-11.32 Mil (TTM As of Mar. 2024)

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What is Acesite Phils Hotel Change In Receivables?

Acesite Phils Hotel's change in receivables for the quarter that ended in Mar. 2024 was ₱20.75 Mil. It means Acesite Phils Hotel's Accounts Receivable declined by ₱20.75 Mil from Dec. 2023 to Mar. 2024 .

Acesite Phils Hotel's change in receivables for the fiscal year that ended in Dec. 2023 was ₱-2.96 Mil. It means Acesite Phils Hotel's Accounts Receivable increased by ₱2.96 Mil from Dec. 2022 to Dec. 2023 .

Acesite Phils Hotel's Accounts Receivable for the quarter that ended in Mar. 2024 was ₱24.45 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Acesite Phils Hotel's liquidation value for the three months ended in Mar. 2024 was ₱-1,123.84 Mil.

Acesite Phils Hotel Change In Receivables Historical Data

The historical data trend for Acesite Phils Hotel'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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Acesite Phils Hotel Change In Receivables Chart

Acesite Phils Hotel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-29.83

23.06

-1.91

20.63

-2.96

Acesite Phils Hotel 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															7.69	20.88	20.97	-73.93	20.75

Acesite Phils Hotel 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 ₱-11.32 Mil.

Acesite Phils Hotel (PHS:ACE) 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.

Acesite Phils Hotel's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	24.454	/	0	*	91
=

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

Acesite Phils Hotel'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)
=	20.071	-	1162.629	+	0.75 * 24.454	+	0.5 * 0.762
=	-1,123.84

Acesite Phils Hotel Change In Receivables Related Terms

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Acesite Phils Hotel (PHS:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acesite Phils Hotel Corp (PHS:ACE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

United Nations Avenue corner Maria Orosa Street, 8th Floor, Waterfront Manila Hotel and Casino, Ermita, Manila, PHL, 1000

Website

https://www.waterfronthotels.com.ph

Acesite Phils Hotel Corp operates in hotel and restaurant management operations. The Company is engaged in the business of operating a hotel or other accommodations for the general public. The company offers various categories of rooms, deluxe rooms, executive rooms and suites, and ambassador club rooms. The other guest services and facilities include a chapel, swimming pool, gym, business center, and valet-service basement carpark.

Acesite Phils Hotel (PHS:ACE) Headlines

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