Pitney Bowes (Pitney Bowes) Change In Receivables : $-9 Mil (TTM As of Dec. 2023)

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What is Pitney Bowes Change In Receivables?

Pitney Bowes's change in receivables for the quarter that ended in Dec. 2023 was $-66 Mil. It means Pitney Bowes's Accounts Receivable increased by $66 Mil from Sep. 2023 to Dec. 2023 .

Pitney Bowes's change in receivables for the fiscal year that ended in Dec. 2023 was $-9 Mil. It means Pitney Bowes's Accounts Receivable increased by $9 Mil from Dec. 2022 to Dec. 2023 .

Pitney Bowes's Accounts Receivable for the quarter that ended in Dec. 2023 was $342 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. Pitney Bowes's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pitney Bowes's liquidation value for the three months ended in Dec. 2023 was $-3,726 Mil.

Pitney Bowes Change In Receivables Historical Data

The historical data trend for Pitney Bowes'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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Pitney Bowes Change In Receivables Chart

Pitney Bowes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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21.14

23.27

58.44

-41.89

-8.67

Pitney Bowes 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	Get a 7-Day Free Trial															-65.66	85.44	-14.09	-14.29	-65.73

Pitney Bowes 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 $-9 Mil.

Pitney Bowes (NYSE:PBI) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	342.236	/	871.578	*	91
=	35.83

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

Pitney Bowes'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)
=	623.219	-	4640.761	+	0.75 * 342.236	+	0.5 * 70.053
=	-3,726

Pitney Bowes Change In Receivables Related Terms

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Pitney Bowes (Pitney Bowes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Pitney Bowes Inc (NYSE:PBI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PBW:Germany

Address

3001 Summer Street, Stamford, CT, USA, 06926

Website

https://www.pitneybowes.com

Pitney Bowes is a Global technology company that offers e-commerce solutions to its clients. The company provides various products and services such as domestic delivery, return and fulfillment, cross-border shipping solutions, sorting services for large volumes of postal mails, technological solutions to enable digital mailing, shipping, and other services. The company operates through three business segments: Global e-commerce, presort services, and SendTech Solutions. The company generates majority of its revenue from United States.

Executives

Christopher Johnson	officer: SVP & President, GFS	3001 SUMMER ST, STAMFORD CT 06926
Andrew Robert Gold	officer: SVP, Chief HR Officer	3001 SUMMER ST, STAMFORD CT 06926
Joseph Schmitt	officer: SVP, Chief Information Officer	3001 SUMMER ST, STAMFORD CT 06926
Deborah Pfeiffer	officer: President, Presort Services	3001 SUMMER ST, STAMFORD CT 06926
Shemin Nurmohamed	officer: President, SendTech Solutions	3001 SUMMER ST, STAMFORD CT 06926
Todd A. Everett	director	2700 VIA FORTUNA, SUITE 300, AUSTIN TX 78746
Milena Alberti-perez	director	8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Kurt James Wolf	director	175 BRICKYARD ROAD, ADAMS TOWNSHIP PA 16046
Katie May	director	1990 E. GRAND AVE., EL SEGUNDO CA 90245
Steven Brill	director	3001 SUMMER ST, STAMFORD CT 06926
James Darrell Thomas	director	3700 JUNEAU AVENUE, MILWAUKEE WI 53208
Sheila A Stamps	director	C/O CIT GROUP, 1 CIT DRIVE, ATTN: GENERAL COUNSEL, LIVINGSTON NJ 07039
Mary Guilfoile	director	227 WASHINGTON STREET STE.200, CONSHOHOCKEN PA 19428
James Arthur Fairweather	officer: EVP & Chief Innovation Officer	3001 SUMMER ST, STAMFORD CT 06926
Daniel J Goldstein	officer: EVP/Chief Legal & Compliance	1 ELMCROFT ROAD, STAMFORD CT 06926