AdvanSix (STU:960) Change In Receivables : €3 Mil (TTM As of Mar. 2024)

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What is AdvanSix Change In Receivables?

AdvanSix's change in receivables for the quarter that ended in Mar. 2024 was €-4 Mil. It means AdvanSix's Accounts Receivable increased by €4 Mil from Dec. 2023 to Mar. 2024 .

AdvanSix's change in receivables for the fiscal year that ended in Dec. 2023 was €27 Mil. It means AdvanSix's Accounts Receivable declined by €27 Mil from Dec. 2022 to Dec. 2023 .

AdvanSix's Accounts Receivable for the quarter that ended in Mar. 2024 was €148 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. AdvanSix's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.67.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AdvanSix's liquidation value for the three months ended in Mar. 2024 was €-476 Mil.

AdvanSix Change In Receivables Historical Data

The historical data trend for AdvanSix'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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AdvanSix Change In Receivables Chart

AdvanSix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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48.31

-24.03

-37.55

8.51

27.35

AdvanSix 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															21.25	7.10	18.75	-18.92	-4.04

AdvanSix 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 €3 Mil.

AdvanSix (STU:960) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	148.294	/	309.883	*	91
=	43.67

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

AdvanSix'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)
=	18.982	-	694.44	+	0.75 * 148.294	+	0.5 * 175.647
=	-476

AdvanSix Change In Receivables Related Terms

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AdvanSix (STU:960) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » AdvanSix Inc (STU:960) » Definitions » Change In Receivables

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ASIX:USA 960:Germany

Address

300 Kimball Drive, Suite 101, Parsippany, NJ, USA, 07054

Website

https://www.advansix.com

AdvanSix Inc. is an integrated manufacturer of Nylon 6, a polymer resin and fertilizers. Nylon 6 is a synthetic material used by customers to produce engineered plastics, fibers, filaments, and films, which in turn are used in such end-products as automotive and electronic components, carpets, sports apparel, fishing nets and food and industrial packaging. In addition, it also sells a variety of other products, all of which are produced as part of the Nylon 6 resin manufacturing process including caprolactam, ammonium sulfate fertilizers, and other chemical intermediates. Geographically, the group operates through the United States and its business is also expanding internationally but it derives the majority of its revenue from the United States region.

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