OPAL Fuels (OPAL Fuels) Change In Receivables : $-5.9 Mil (TTM As of Mar. 2024)

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What is OPAL Fuels Change In Receivables?

OPAL Fuels's change in receivables for the quarter that ended in Mar. 2024 was $7.5 Mil. It means OPAL Fuels's Accounts Receivable declined by $7.5 Mil from Dec. 2023 to Mar. 2024 .

OPAL Fuels's change in receivables for the fiscal year that ended in Dec. 2023 was $-1.6 Mil. It means OPAL Fuels's Accounts Receivable increased by $1.6 Mil from Dec. 2022 to Dec. 2023 .

OPAL Fuels's Accounts Receivable for the quarter that ended in Mar. 2024 was $22.8 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. OPAL Fuels's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. OPAL Fuels's liquidation value for the three months ended in Mar. 2024 was $-1,075.3 Mil.

OPAL Fuels Change In Receivables Historical Data

The historical data trend for OPAL Fuels'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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OPAL Fuels Change In Receivables Chart

OPAL Fuels Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

5.38

2.02

-6.02

-21.36

-1.55

OPAL Fuels Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial										11.86	2.52	-7.24	-8.69	7.53

OPAL Fuels 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 $-5.9 Mil.

OPAL Fuels (NAS:OPAL) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	22.805	/	64.952	*	91
=	32.04

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

OPAL Fuels'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)
=	34.182	-	1132.162	+	0.75 * 22.805	+	0.5 * 11.135
=	-1,075.3

OPAL Fuels Change In Receivables Related Terms

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OPAL Fuels (OPAL Fuels) Business Description

Industry

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Traded in Other Exchanges

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Address

One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601

Website

https://www.opalfuels.com

OPAL Fuels Inc is a fully integrated, nationwide leader in the production and distribution of low-carbon intensity renewable natural gas. The company's vertical waste-to-energy model combines the upstream production and downstream marketing and distribution of RNG, delivering a scalable, low-cost solution to decarbonize heavy-duty transportation and other industrial markets.