Franklin Electric Co (FRA:FE4) Change In Receivables : €18 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Franklin Electric Co Change In Receivables?

Franklin Electric Co's change in receivables for the quarter that ended in Mar. 2024 was €-40 Mil. It means Franklin Electric Co's Accounts Receivable increased by €40 Mil from Dec. 2023 to Mar. 2024 .

Franklin Electric Co's change in receivables for the fiscal year that ended in Dec. 2023 was €18 Mil. It means Franklin Electric Co's Accounts Receivable declined by €18 Mil from Dec. 2022 to Dec. 2023 .

Franklin Electric Co's Accounts Receivable for the quarter that ended in Mar. 2024 was €242 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. Franklin Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Franklin Electric Co's liquidation value for the three months ended in Mar. 2024 was €-19 Mil.

Franklin Electric Co Change In Receivables Historical Data

The historical data trend for Franklin Electric 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.

* Premium members only.

Franklin Electric Co Change In Receivables Chart

Franklin Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

0.97

18.13

-28.25

-42.29

17.56

Franklin Electric 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															-40.54	-25.21	47.13	36.29	-39.90

Franklin Electric 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 €18 Mil.

Franklin Electric Co (FRA:FE4) 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.

Franklin Electric 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
=	241.621	/	424.028	*	91
=	52.00

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

Franklin Electric 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)
=	60.089	-	505.097	+	0.75 * 241.621	+	0.5 * 489.663
=	-19

Franklin Electric Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Franklin Electric Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Franklin Electric Co (FRA:FE4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Franklin Electric Co Inc (FRA:FE4) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

FELE:USA

Address

9255 Coverdale Road, Fort Wayne, IN, USA, 46809

Website

https://www.franklin-electric.com

Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. It has three segments; The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater, The Fueling Systems segment designs, manufactures and sells pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in fueling system applications and the Distribution segment sells and provides presale support and specifications to the installing contractors.

Franklin Electric Co (FRA:FE4) Headlines

No Headlines