CF Energy (TSXV:CFY) Change In Receivables : C$-3.75 Mil (TTM As of Mar. 2024)

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What is CF Energy Change In Receivables?

CF Energy's change in receivables for the quarter that ended in Mar. 2024 was C$-1.09 Mil. It means CF Energy's Accounts Receivable increased by C$1.09 Mil from Dec. 2023 to Mar. 2024 .

CF Energy's change in receivables for the fiscal year that ended in Dec. 2023 was C$-2.82 Mil. It means CF Energy's Accounts Receivable increased by C$2.82 Mil from Dec. 2022 to Dec. 2023 .

CF Energy's Accounts Receivable for the quarter that ended in Mar. 2024 was C$9.30 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. CF Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 30.31.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CF Energy's liquidation value for the three months ended in Mar. 2024 was C$-142.43 Mil.

CF Energy Change In Receivables Historical Data

The historical data trend for CF Energy'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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CF Energy Change In Receivables Chart

CF Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3.51

-1.67

-2.08

0.62

-2.82

CF Energy 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															-0.16	-0.99	0.60	-2.28	-1.09

CF Energy 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 C$-3.75 Mil.

CF Energy (TSXV:CFY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.303	/	28.011	*	91
=	30.31

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

CF Energy'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)
=	14.423	-	164.315	+	0.75 * 9.303	+	0.5 * 0.962
=	-142.43

CF Energy Change In Receivables Related Terms

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CF Energy (TSXV:CFY) Business Description

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CGFEF:USA

Address

3100 Steeles Avenue East, Suite 3008, Markham, ON, CAN, L3R 8T3

Website

http://www.cfenergy.com

CF Energy Corp is an investment holding company engaged in the distribution of natural gas and sustainable energy utilization for industrial, commercial, and residential users as well as electric vehicle battery swap service in the PRC. It has three operating segments; the Gas distribution utility segment which includes gas sales, pipeline installation, and connection, CNG vehicles refuel and provide gas pipeline installation and connection services and deliver natural gas to residential, commercial, and industrial customers, The Integrated smart energy segment uses multiple clean energy sources, including solar, hydro, electricity, and natural gas to supply cooling, heating, as well as hot water, and The smart mobility segment operates an electric vehicle battery swap business.

Executives

Yongbiao Ding

Director

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