Conn's (Conn's) Change In Receivables

: $-160 Mil (TTM As of Jan. 2024)

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Conn's's change in receivables for the quarter that ended in Jan. 2024 was $-64 Mil. It means Conn's's Accounts Receivable increased by $64 Mil from Oct. 2023 to Jan. 2024 .

Conn's's change in receivables for the fiscal year that ended in Jan. 2024 was $-160 Mil. It means Conn's's Accounts Receivable increased by $160 Mil from Jan. 2023 to Jan. 2024 .

Conn's's Accounts Receivable for the quarter that ended in Jan. 2024 was $419 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. Conn's's Days Sales Outstanding for the three months ended in Jan. 2024 was 104.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Conn's's liquidation value for the three months ended in Jan. 2024 was $-1,509 Mil.

Conn's Change In Receivables Historical Data

The historical data trend for Conn's'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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Conn's Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Receivables

-272.34

70.47

-64.36

-85.19

-159.86

Conn's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables																-45.87	-8.24	-61.40	-26.04	-64.18

Conn's 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-160 Mil.

Conn's (NAS:CONN) 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.

Conn's's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	419.005	/	366.077	*	91
=	104.44

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

Conn's's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	18.703	-	2008.79	+	0.75 * 419.005	+	0.5 * 333.962
=	-1,509

Conn's Change In Receivables Related Terms

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Conn's (Conn's) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Conn's Inc (NAS:CONN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CN4:Germany

Address

2445 Technology Forest Boulevard, Suite 800, The Woodlands, TX, USA, 77381

Website

https://www.conns.com

Conn's Inc is a United-States-based specialty retailer engaged in the sale of durable consumer goods and related services. The company operates through two segments. The retail segment sells a broad range of merchandise, including furniture and mattress products, home appliances, consumer electronics, and home office products. The credit segment provides credit solutions for credit-constrained consumers based on customer risk and income level. A material portion of the company's customers finances purchases through its credit segment. The company focuses its business on the U.S. and generates its revenue from the retail segment.

Executives

Stephens Group, Llc	10 percent owner	100 RIVER BLUFF DRIVE, SUITE 500, LITTLE ROCK AR 72202
Ann B Gugino	director	1031 MENDOTA HEIGHTS ROAD, ST. PAUL MN 55120
Timothy P Santo	officer: Chief Accounting Officer	2445 TECHNOLOGY FOREST BLVD., STE. 800, THE WOODLANDS TX 77381
Karen Hartje	director	251 1ST AVENUE N, SUITE 200, MINNEAPOLIS MN 55401-1672
Douglas H Martin	director, 10 percent owner	C/O STEPHENS INC, 111 CENTER ST, LITTLE ROCK AR 72201
Paula W. & John P. Calhoun Family Trust - Wmas	10 percent owner	111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201
Warren Miles Amerine Stephens Family Trust One	10 percent owner	111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201
Brian Daly	officer: Chief Human Resources Officer	4055 TECHNOLOGY FOREST BLVD., STE. 210, THE WOODLANDS TX 77381
Warren A Stephens	10 percent owner	111 CENTER STREET, LITTLE ROCK AR 72201
Harriet C Stephens	10 percent owner	C/O STEPHENS INC, 111 CENTER ST, LITTLE ROCK AR 72201
Was Family Trust Five	10 percent owner	111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201
Stephens Warren A Trust Uid 9/30/87	10 percent owner	C/O STEPHENS INC, 111 CENTER ST, LITTLE ROCK AR 72201
Thomas John Fenton	officer: Chief Credit Officer	2445 TECHNOLOGY FOREST BLVD., SUITE 800, THE WOODLANDS TX 77381
Warren Miles Stephens	10 percent owner	111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201
John Calhoun Stephens	10 percent owner	111 CENTER STREET, SUITE 2300, LITTLE ROCK AR 72201