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World Kinect (World Kinect) Change In Receivables

: $569 Mil (TTM As of Dec. 2023)
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World Kinect's change in receivables for the quarter that ended in Dec. 2023 was $180 Mil. It means World Kinect's Accounts Receivable declined by $180 Mil from Sep. 2023 to Dec. 2023 .

World Kinect's change in receivables for the fiscal year that ended in Dec. 2023 was $569 Mil. It means World Kinect's Accounts Receivable declined by $569 Mil from Dec. 2022 to Dec. 2023 .

World Kinect's Accounts Receivable for the quarter that ended in Dec. 2023 was $2,736 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. World Kinect's Days Sales Outstanding for the three months ended in Dec. 2023 was 20.80.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. World Kinect's liquidation value for the three months ended in Dec. 2023 was $-2,737 Mil.


World Kinect Change In Receivables Historical Data

The historical data trend for World Kinect'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.

World Kinect Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -164.10 1,300.30 -1,132.60 -870.70 569.20

World Kinect 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -72.10 295.70 524.70 -431.30 180.10

World Kinect 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 $569 Mil.

* 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.


World Kinect  (NYSE:WKC) 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.

World Kinect's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2735.5/12003*91
=20.80

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

World Kinect'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)
=304.3-5425.6+0.75 * 2735.5+0.5 * 664.6
=-2,737

* 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.


World Kinect Change In Receivables Related Terms

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World Kinect (World Kinect) Business Description

Traded in Other Exchanges
Address
9800 Northwest 41st Street, Miami, FL, USA, 33178
World Kinect Corp is a global energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers worldwide. It sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions.
Executives
Jill Smart director C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Ken Bakshi director 63 STONEBRIDGE ROAD, MONTCLAIR NJ 07042
Michael Crosby officer: EVP, Global Land 9800 N.W. 41ST STREET, MIAMI FL 33178
Jose-miguel Tejada officer: SVP, Chief Accounting Officer C/O WORLD FUEL SERVICES CORPORATION, 9800 NW 41ST STREET, MIAMI FL 33178
John L Manley director 15211 MEDICI WAY, NAPLES FL 34110
John Peter Rau officer: EVP, Global Aviation & Marine 9800 N.W. 41ST STREET, MIAMI FL 33178
Robert Alexander Lake officer: EVP, Chf. Legal Officer, CoSec C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178
Jorge L. Benitez director 5201 BLUE LAGOON DRIVE, SUITE 250, MIAMI FL 33126
Paul H Stebbins director, officer: Chairman and CEO C/O WORLD FUEL SERVICES CORP, 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178
Sharda Cherwoo director 160 WEST 66TH STREET, APT. 45F, NEW YORK NY 10023
Michael J Kasbar director, officer: President & COO C/ O WORLD FUEL SERVICES CORP, 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178
Richard A Kassar director C/O WORLD FUEL SERVICES CORP., 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178
J Thomas Presby director 198 KEELER ROAD, BRIDGEWATER CT 06752
Stephen K Roddenberry director C/O AKERMAN LLP, 98 SOUTHEAST SEVENTH STREET, MIAMI FL 33131
Jeffrey Paul Smith officer: EVP and COO C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178