Kelly Services (Kelly Services) Change In Receivables : $0 Mil (TTM As of Mar. 2024)

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What is Kelly Services Change In Receivables?

Kelly Services's change in receivables for the quarter that ended in Mar. 2024 was $0 Mil. It means Kelly Services's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Kelly Services's change in receivables for the fiscal year that ended in Dec. 2023 was $147 Mil. It means Kelly Services's Accounts Receivable declined by $147 Mil from Dec. 2022 to Dec. 2023 .

Kelly Services's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,153 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. Kelly Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 100.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kelly Services's liquidation value for the three months ended in Mar. 2024 was $-53 Mil.

Kelly Services Change In Receivables Historical Data

The historical data trend for Kelly Services'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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Kelly Services Change In Receivables Chart

Kelly Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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46.00

55.90

-150.70

-99.30

147.20

Kelly Services 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															-	-	-	-	-

Kelly Services 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 $0 Mil.

Kelly Services (NAS:KELYA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1152.9	/	1045.1	*	91
=	100.66

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

Kelly Services'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)
=	200.7	-	1118.6	+	0.75 * 1152.9	+	0.5 * 0
=	-53

Kelly Services Change In Receivables Related Terms

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Kelly Services (Kelly Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kelly Services Inc (NAS:KELYA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

KELYB:USA

Address

999 West Big Beaver Road, Troy, MI, USA, 48084

Website

https://www.kellyservices.com

Kelly Services Inc is a provider of workforce solutions and consulting and staffing services. The company's operations are divided into five business segments namely Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International. Other than OCG, each segment delivers talent through staffing services, permanent placement or outcome-based services. OCG segment delivers talent solutions including managed service provider, payroll process outsourcing, recruitment process outsourcing, and talent advisory services. International also delivers RPO talent solutions within its local markets. Majority of revenue is derived from Professional & Industrial.

Executives

Tammy L Browning	officer: Senior Vice President	999 WEST BIG BEAVER RD, TROY MI 48084-4716
Timothy L Dupree	officer: Senior Vice President	999 WEST BIG BEAVER RD, TROY MI 48084-4716
Daniel H Malan	officer: Senior Vice President	999 WEST BIG BEAVER RD, TROY MI 48084-4716
Olivier Thirot	officer: Senior Vice President	999 WEST BIG BEAVER ROAD, TROY MI 48084
Donald R Parfet	director	C/O 350 E MICHIGAN AVENUE STE 500, APJOHN GROUP LLC, KALAMAZOO MI 49007
Darren Simons	officer: SVP and Chief Digital Officer	999 W. BIG BEAVER ROAD, TROY MI 48084-4716
Amala Duggirala	director	PO BOX 10247, BIRMINGHAM AL 35202-0247
Inamarie Johnson	director	1019 MARKET STREET, SAN FRANCISCO CA 94103
Terrence B Larkin	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Jane E Dutton	director	701 TAPPAN STREET, ANN ARBOR MI 49101-1234
James H Bradley	officer: Senior Vice President	999 WEST BIG BEAVER RD, TROY MI 48084-4716
Vanessa Peterson Williams	officer: General Counsel	999 WEST BIG BEAVER ROAD, TROY MI 48084-4716
Leslie A Murphy	director	4811 S CHIPPING GLEN, BLOOMFIELD HILLS MI 48302
George S Corona	officer: Executive Vice President	2653 TOWER HILL, ROCHESTER HILLS MI 48306
James Polehna	officer: VP and Corporate Secretary	999 WEST BIG BEAVER ROAD, TROY MI 48084