The Brink's Co (The Brink's Co) Change In Receivables : $69 Mil (TTM As of Dec. 2023)

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What is The Brink's Co Change In Receivables?

The Brink's Co's change in receivables for the quarter that ended in Dec. 2023 was $38 Mil. It means The Brink's Co's Accounts Receivable declined by $38 Mil from Sep. 2023 to Dec. 2023 .

The Brink's Co's change in receivables for the fiscal year that ended in Dec. 2023 was $69 Mil. It means The Brink's Co's Accounts Receivable declined by $69 Mil from Dec. 2022 to Dec. 2023 .

The Brink's Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $685 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. The Brink's Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Brink's Co's liquidation value for the three months ended in Dec. 2023 was $-4,392 Mil.

The Brink's Co Change In Receivables Historical Data

The historical data trend for The Brink's 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.

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The Brink's Co Change In Receivables Chart

The Brink's Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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15.80

45.10

-21.20

-180.90

69.00

The Brink's Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-5.20	-4.60	10.40	25.00	38.20

The Brink's 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $69 Mil.

The Brink's Co (NYSE:BCO) 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.

The Brink's Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	684.6	/	1245.6	*	91
=	50.15

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

The Brink's Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1176.6	-	6081.6	+	0.75 * 684.6	+	0.5 * 0
=	-4,392

The Brink's Co Change In Receivables Related Terms

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The Brink's Co (The Brink's Co) Business Description

Industry

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Traded in Other Exchanges

PTY:Germany PTY:Germany

Address

1801 Bayberry Court, P.O. Box 18100, Richmond, VA, USA, 23226-8100

Website

https://www.brinks.com

The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.

Executives

Arthelbert Louis Parker	director	THE BRINK'S COMPANY, 1801 BAYBERRY CT, 4TH FL, PO BOX 18100, RICHMOND VA 23226
Dominik Bossart	officer: SVP	1800 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Elizabeth A Galloway	officer: EVP and CHRO	AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Michael F Beech	officer: Executive Vice President	THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Michael J Herling	director	177 BROAD STREET, 15TH FLOOR, STAMFORD CT 06901
Keith R Wyche	director	1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Kurt B Mcmaken	officer: EVP, Chief Financial Officer	THE BRINK'S COMANY, 1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Simon Davis	officer: SVP, CHRO	5757 N GREEN BAY AVE, MILWAUKEE WI 53209
Daniel J Castillo	officer: EVP	2645 SILVER CRESCENT DRIVE, CHARLOTTE NC 28273
Susan E Docherty	director	THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Kathie J. Andrade	director	6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Rohan Pal	officer: EVP, Chief Information Officer	1801 BAYBERRY COURT, RICHMOND VA 23226
Michael E Sweeney	officer: Controller	C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Timothy Joseph Tynan	director	1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226
Lindsay K. Blackwood	officer: EVP & General Counsel	1801 BAYBERRY COURT, PO BOX 18100, RICHMOND VA 23226