CGI (GIB) Change In Receivables : $37 Mil (TTM As of Mar. 2024)

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What is CGI Change In Receivables?

CGI's change in receivables for the quarter that ended in Mar. 2024 was $94 Mil. It means CGI's Accounts Receivable declined by $94 Mil from Dec. 2023 to Mar. 2024 .

CGI's change in receivables for the fiscal year that ended in Sep. 2023 was $-23 Mil. It means CGI's Accounts Receivable increased by $23 Mil from Sep. 2022 to Sep. 2023 .

CGI's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,054 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. CGI's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CGI's liquidation value for the three months ended in Mar. 2024 was $-2,908 Mil.

CGI Change In Receivables Historical Data

The historical data trend for CGI'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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CGI Change In Receivables Chart

CGI Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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155.24

170.40

-33.41

-25.27

-23.00

CGI Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															67.22	-43.92	64.10	-77.59	94.31

CGI 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $37 Mil.

CGI (NYSE:GIB) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1054.357	/	2763.604	*	91
=	34.81

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	940.453	-	5089.288	+	0.75 * 1054.357	+	0.5 * 901.091
=	-2,908

CGI Change In Receivables Related Terms

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CGI (GIB) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » CGI Inc (NYSE:GIB) » Definitions » Change In Receivables

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Traded in Other Exchanges

CJ5A:Germany GIB.A:Canada

Address

1350 Rene-Levesque Boulevard West, 25th Floor, Montreal, QC, CAN, H3G 1T4

Website

https://www.cgi.com

CGI Inc. is a Canada-based IT-services provider with an embedded position in North America and Europe. The company generates more than CAD 14 billion in annual revenue, employs over 90,000 personnel, and operates across 400 offices in 40 countries. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services, or BPS. The company's largest vertical market is government, which contributes more than a third of group revenue.