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Energy Solar Tech (XMAD:ETC) Change In Receivables : €-0.49 Mil (TTM As of Dec. 2021)


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What is Energy Solar Tech Change In Receivables?

Energy Solar Tech's change in receivables for the quarter that ended in Dec. 2021 was €-0.49 Mil. It means Energy Solar Tech's Accounts Receivable increased by €0.49 Mil from Dec. 2020 to Dec. 2021 .

Energy Solar Tech's change in receivables for the fiscal year that ended in Dec. 2021 was €-0.49 Mil. It means Energy Solar Tech's Accounts Receivable increased by €0.49 Mil from Dec. 2020 to Dec. 2021 .

Energy Solar Tech's Accounts Receivable for the quarter that ended in Dec. 2021 was €0.58 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. Energy Solar Tech's Days Sales Outstanding for the six months ended in Dec. 2021 was 24.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Energy Solar Tech's liquidation value for the six months ended in Dec. 2021 was €-0.51 Mil.


Energy Solar Tech Change In Receivables Historical Data

The historical data trend for Energy Solar Tech'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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Energy Solar Tech Change In Receivables Chart

Energy Solar Tech Annual Data
Trend Dec20 Dec21
Change In Receivables
-0.06 -0.49

Energy Solar Tech Semi-Annual Data
Dec20 Dec21
Change In Receivables -0.06 -0.49

Energy Solar Tech 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2021 was €-0.49 Mil.

* 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.


Energy Solar Tech  (XMAD:ETC) 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.

Energy Solar Tech's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.576/4.232*91
=24.84

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

Energy Solar Tech's liquidation value for the quarter that ended in Dec. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.511-3.533+0.75 * 0.576+0.5 * 0.151
=-0.51

* 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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Energy Solar Tech (XMAD:ETC) Business Description

Traded in Other Exchanges
Address
C/ Ruso, 18, Las Rozas de Madrid, Madrid, ESP, 28290
Energy Solar Tech SA is a technology company in the energy sector whose mission is to facilitate the migration of companies to renewable energies, The company offers its clients energy generation and efficiency technologies through its offer of energy Outsourcing services under the Energy As A Service model.

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