Cardinal Health (Cardinal Health) Change In Receivables : $-515 Mil (TTM As of Dec. 2023)

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What is Cardinal Health Change In Receivables?

Cardinal Health's change in receivables for the quarter that ended in Dec. 2023 was $-537 Mil. It means Cardinal Health's Accounts Receivable increased by $537 Mil from Sep. 2023 to Dec. 2023 .

Cardinal Health's change in receivables for the fiscal year that ended in Jun. 2023 was $-947 Mil. It means Cardinal Health's Accounts Receivable increased by $947 Mil from Jun. 2022 to Jun. 2023 .

Cardinal Health's Accounts Receivable for the quarter that ended in Dec. 2023 was $11,788 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. Cardinal Health's Days Sales Outstanding for the three months ended in Dec. 2023 was 18.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cardinal Health's liquidation value for the three months ended in Dec. 2023 was $-27,363 Mil.

Cardinal Health Change In Receivables Historical Data

The historical data trend for Cardinal Health'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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Cardinal Health Change In Receivables Chart

Cardinal Health Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-751.00

82.00

-904.00

-1,526.00

-947.00

Cardinal Health 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															-411.00	409.00	-437.00	50.00	-537.00

Cardinal Health 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 $-515 Mil.

Cardinal Health (NYSE:CAH) 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.

Cardinal Health's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	11788	/	57445	*	91
=	18.72

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

Cardinal Health'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)
=	4591	-	50020	+	0.75 * 11788	+	0.5 * 18451
=	-27,363

Cardinal Health Change In Receivables Related Terms

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Cardinal Health (Cardinal Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Cardinal Health Inc (NYSE:CAH) » Definitions » Change In Receivables

Comparable Companies

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CAH:Mexico CLH:Germany CLH:Germany C1AH34:Brazil CAH:Argentina

Address

7000 Cardinal Place, Dublin, OH, USA, 43017

Website

https://www.cardinalhealth.com

Cardinal Health is one of three leading pharmaceutical wholesalers in the U.S., engaged in sourcing and distributing of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and McKesson, the three comprise well over 90% of the U.S. pharmaceutical wholesale industry. Cardinal Health also supplies medical-surgical products and equipment to healthcare facilities in North America, Europe, and Asia.

Executives

Deborah Weitzman	officer: CEO, Pharmaceutical Segment	600 WEST 22ND STREET, SUITE 300, OAK BROOK IL 60523
Mary C. Scherer	officer: Chief Accounting Officer	6026 LUDWIG STREET, POWELL OH 43065
Ola M Snow	officer: Chief Human Resources Officer	7000 CARDINAL PLACE, DUBLIN OH 43017
Stephen M Mason	officer: CEO, Medical Segment	7000 CARDINAL PLACE, DUBLIN OH 43017
Jessica L Mayer	officer: Chief Legal/Compliance Officer	7000 CARDINAL PLACE, DUBLIN OH 43017
Michelle D. Greene	officer: Chief Information Officer	1141 N. OLD WORLD 3RD STREET, UNIT # 2414, MILWAUKEE WI 53203
Aaron E Alt	officer: Chief Financial Officer	3001 COLORADO BLVD., DENTON TX 76210
Michelle Brennan	director	1855 S. GRANT STREET, SAN MATEO CA 94402
Sujatha Chandrasekaran	director	77 HOT METAL STREET, PITTSBURGH PA 15203
Christine Mundkur	director
Steven Barg	director	ELLIOTT MANAGEMENT CORPORATION, 40 WEST 57TH STREET, NEW YORK NY 10019
Patricia M English	officer: Chief Accounting Officer	7000 CARDINAL PLACE, DUBLIN OH 43017
Sheri H. Edison	director	1069 STATE ROUTE 46 EAST, BATESVILLE IN 47006
Jason M. Hollar	officer: Chief Financial Officer	3333 BEVERLY ROAD, HOFFMAN ESTATES IL 60179
John H Weiland	director	C/O C.R BARD INC, 730 CENTRAL AVE, MURRAY HILL NJ 07974