Expeditors International of Washington (Expeditors International of Washington) Change In Receivables

: $574 Mil (TTM As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

Expeditors International of Washington's change in receivables for the quarter that ended in Dec. 2023 was $-55 Mil. It means Expeditors International of Washington's Accounts Receivable increased by $55 Mil from Sep. 2023 to Dec. 2023 .

Expeditors International of Washington's change in receivables for the fiscal year that ended in Dec. 2023 was $574 Mil. It means Expeditors International of Washington's Accounts Receivable declined by $574 Mil from Dec. 2022 to Dec. 2023 .

Expeditors International of Washington's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,533 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. Expeditors International of Washington's Days Sales Outstanding for the three months ended in Dec. 2023 was 61.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Expeditors International of Washington's liquidation value for the three months ended in Dec. 2023 was $530 Mil.

Expeditors International of Washington Change In Receivables Historical Data

The historical data trend for Expeditors International of Washington'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.

* Premium members only.

Expeditors International of Washington Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

265.92

-647.19

-1,869.83

1,592.34

573.72

Expeditors International of Washington 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																711.98	508.61	174.32	-53.72	-55.48

Expeditors International of Washington 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 $574 Mil.

Expeditors International of Washington (NYSE:EXPD) 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.

Expeditors International of Washington's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1532.599	/	2277.768	*	91
=	61.40

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

Expeditors International of Washington'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)
=	1512.883	-	2132.396	+	0.75 * 1532.599	+	0.5 * 0
=	530

Expeditors International of Washington Change In Receivables Related Terms

Thank you for viewing the detailed overview of Expeditors International of Washington's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Expeditors International of Washington (Expeditors International of Washington) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Expeditors International of Washington Inc (NYSE:EXPD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

EXPD:Mexico EW1:Germany

Address

1015 Third Avenue, Seattle, WA, USA, 98104

Website

https://www.expeditors.com

Expeditors International of Washington is a non-asset-based third-party logistics provider, mainly focused on international freight forwarding. Its offers freight consolidation and forwarding, customs brokerage, warehousing and distribution, purchase order management, vendor consolidation, and numerous other value-added logistics services. It employs sophisticated IT systems and contracts with airlines and ocean carriers to move customers' freight across the globe. The firm operates more than 200 full-service office locations worldwide, in addition to numerous satellite locations. In 2022, Expeditors derived 34% of consolidated net revenue from airfreight, 30% from ocean freight, and 36% from customs brokerage and other services.

Executives

Jeffrey S Musser	officer: Senior VP and CIO	C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 981041190
Jeffrey F Dickerman	officer: Senior VP - General Counsel	1015 THIRD AVENUE, SEATTLE WA 98104
Benjamin G. Clark	officer: Senior VP - General Counsel	1015 THIRD AVENUE, 12TH FLOOR, SEATTLE WA 98110
Bradley S Powell	officer: Chief Financial Officer	C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Blake R Bell	officer: President, Global Products	1015 THIRD AVENUE, SEATTLE WA 98104
Eugene K Alger	officer: Executive VP-North America	1015 THIRD AVENUE, SEATTLE WA 981041190
Brandon Pedersen	director	EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 98104
Robert R Wright	director	C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Olivia D Polius	director	C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104
Christopher J. Mcclincy	officer: Senior VP - CIO	1015 THIRD AVENUE, 12TH FLOOR, SEATTLE WA 98104-1190
Glenn M Alger	director	1015 THIRD AVENUE, SEATTLE WA 981041190
Daniel R Wall	officer: SVP - Ocean Services	C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 981041190
Richard H Rostan	officer: President - Global Geographies	C/O EXPEDITORS, 1015 THIRD AVENUE, SEATTLE WA 98104
Mark A Emmert	director	C/O EXPEDITORS, 1015 THIRD AVE, SEATTLE WA 981041190
Philip M Coughlin	officer: Executive VP-North America	1015 THIRD AVENUE, SEATTLE WA 981041190