Consolidated Communications Holdings (Consolidated Communications Holdings) Change In Receivables : $-11 Mil (TTM As of Dec. 2023)

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What is Consolidated Communications Holdings Change In Receivables?

Consolidated Communications Holdings's change in receivables for the quarter that ended in Dec. 2023 was $-13 Mil. It means Consolidated Communications Holdings's Accounts Receivable increased by $13 Mil from Sep. 2023 to Dec. 2023 .

Consolidated Communications Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-11 Mil. It means Consolidated Communications Holdings's Accounts Receivable increased by $11 Mil from Dec. 2022 to Dec. 2023 .

Consolidated Communications Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $121 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. Consolidated Communications Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Consolidated Communications Holdings's liquidation value for the three months ended in Dec. 2023 was $-2,753 Mil.

Consolidated Communications Holdings Change In Receivables Historical Data

The historical data trend for Consolidated Communications Holdings'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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Consolidated Communications Holdings Change In Receivables Chart

Consolidated Communications Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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23.03

-1.89

4.04

4.63

-10.71

Consolidated Communications Holdings 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															-19.86	-7.73	13.46	-3.28	-13.17

Consolidated Communications Holdings 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 $-11 Mil.

Consolidated Communications Holdings (NAS:CNSL) 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.

Consolidated Communications Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	121.194	/	275.178	*	91
=	40.19

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

Consolidated Communications Holdings'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)
=	4.765	-	2849.062	+	0.75 * 121.194	+	0.5 * 0
=	-2,753

Consolidated Communications Holdings Change In Receivables Related Terms

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Consolidated Communications Holdings (Consolidated Communications Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Consolidated Communications Holdings Inc (NAS:CNSL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2116 South 17th Street, Mattoon, IL, USA, 61938-5973

Website

https://www.consolidated.com

Consolidated Communications Holdings Inc provides communication services for business and residential customers across various states in the U.S. Its business product suite includes data and Internet solutions, voice, data center services, security services, managed and IT services, and an expanded suite of cloud services. It provides wholesale solutions to wireless and wireline carriers and other service providers including data, voice, network connections, and custom fiber builds and last-mile connections. It offers residential high-speed Internet, video, phone, and home security services as well as multi-service residential and small business bundles.

Executives

Fred Graffam	officer: Chief Financial Officer	1990 WITTINGTON PLACE, FARMERS BRANCH TX 75234
Solis Michel Marissa	director	7221 LANGMUIR DRIVE, MCKINNEY TX 75071
Steven L Childers	officer: Chief Financial Officer	CONSOLIDATED COMMUNICATIONS, 121 SOUTH 17TH STREET, MATTOON IL 61938-3987
Andrew Frey	director	10802 EXECUTIVE CENTER DRIVE, SUITE 300, LITTLE ROCK AR 72211
Searchlight Iii Cvl Gp, Llc	10 percent owner	C/O SEARCHLIGHT CAPITAL PARTNERS, L.P., 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Searchlight Iii Cvl, L.p.	10 percent owner	C/O SEARCHLIGHT CAPITAL PARTNERS, L.P., 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Robert J Currey	director
Maribeth S Rahe	director	255 E FIFTH STREET, CINCINNATI OH 45202
David G Fuller	director	240 WATSON AVE, OAKVILLE A6 L6J 3V1
Udell C Robert Jr	director, officer: President and CEO	CONSOLIDATED COMMUNICATIONS, 121 SOUTH 17TH STREET, MATTOON IL 61938-3987
Moore Roger H/ca	director	12061 BLUEMONT WAY, ATTN: GENERAL COUNSEL, RESTON VA 20190
Thomas A Gerke	director	GERKE THOMAS A, OVERLAND PARK KS 66251
Timothy D Taron	director	P.O. BOX 969, ROSEVILLE CA 95661
Dale E Parker	director	93 HOYLAKE, ROCKY MOUNT NC 27804
Richard Anthony Lumpkin	director	121 SOUTH 17TH STREET, MATTOON IL 61938