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International Game Technology PLC (NYSE:IGT)
Change In Receivables
$-25 Mil (As of Sep. 2014)

International Game Technology PLC's change in receivables for the quarter that ended in Sep. 2014 was $-25 Mil. It means International Game Technology PLC's accounts receivables declined by $25 Mil from Jun. 2014 to Sep. 2014 .

International Game Technology PLC's change in receivables for the fiscal year that ended in Dec. 2013 was $-149 Mil. It means International Game Technology PLC's accounts receivables declined by $149 Mil from Dec. 2012 to Dec. 2013 .

International Game Technology PLC's accounts receivables for the quarter that ended in Sep. 2014 was $0 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 receivables are being managed. International Game Technology PLC's days sales outstanding for the three months ended in Sep. 2014 was 0.00.

In Ben Graham’s calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. International Game Technology PLC's liquidation value for the three months ended in Sep. 2014 was $-5,524 Mil.


Definition

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.


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 receivables are being managed.

International Game Technology PLC's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=0/937.867268041*91
=0.00

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

International Game Technology PLC's liquidation value for the quarter that ended in Sep. 2014 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=600.235824742-6223.8621134+0.75 * 0+0.5 * 199.927835052
=-5,524

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Days Sales Outstanding, Account Receivable, Revenue, NCAV, Cash and Cash Equivalents, Total Liabilities, Inventory


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

International Game Technology PLC Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ChangeInReceivables 0-141-320-170-136-3612467-189-149

International Game Technology PLC Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ChangeInReceivables 325-83-205132-29-396975-25
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