Rush Enterprises (Rush Enterprises) Change In Receivables : $-38 Mil (TTM As of Dec. 2023)

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What is Rush Enterprises Change In Receivables?

Rush Enterprises's change in receivables for the quarter that ended in Dec. 2023 was $5 Mil. It means Rush Enterprises's Accounts Receivable declined by $5 Mil from Sep. 2023 to Dec. 2023 .

Rush Enterprises's change in receivables for the fiscal year that ended in Dec. 2023 was $-38 Mil. It means Rush Enterprises's Accounts Receivable increased by $38 Mil from Dec. 2022 to Dec. 2023 .

Rush Enterprises's Accounts Receivable for the quarter that ended in Dec. 2023 was $218 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. Rush Enterprises's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.81.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Rush Enterprises's liquidation value for the three months ended in Dec. 2023 was $-1,226 Mil.

Rush Enterprises Change In Receivables Historical Data

The historical data trend for Rush Enterprises'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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Rush Enterprises Change In Receivables Chart

Rush Enterprises Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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19.83

11.22

32.31

-74.61

-38.31

Rush Enterprises 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															-8.97	-6.94	-26.91	4.52	-

Rush Enterprises 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 $-38 Mil.

Rush Enterprises (NAS:RUSHA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	218.13	/	2029.465	*	91
=	9.81

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

Rush Enterprises'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)
=	183.725	-	2473.825	+	0.75 * 218.13	+	0.5 * 1801.447
=	-1,226

Rush Enterprises Change In Receivables Related Terms

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Rush Enterprises (Rush Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rush Enterprises Inc (NAS:RUSHA) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

RUSHB:USA

Address

555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130

Website

https://www.rushenterprises.com

Rush Enterprises Inc is a full-service, integrated retailer of commercial vehicles and related services. The company operates in a single segment; Truck Segment includes the operation of a network of commercial vehicle dealerships under the name Rush Truck Centers. It sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird and also provides one-stop service for the needs of commercial vehicle customers, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The company's business is concentrated in the United States commercial vehicle markets and related aftermarkets.

Executives

Rush William M Rusty	officer: President & COO	C/O RUSH ENTERPRISES INC, 555 IH 35 S., NEW BRAUFELS TX 78130
Steven L Keller	officer: Vice President & CFO	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Amy Boerger	director	2002 W WAHALLA LANE, PHOENIX AZ 85027
Jody Pollard	officer: Senior Vice President	555 IH 35 SOUTH, SUITE 500, NEW BRAUNFELS TX 78130
Michael L Goldstone	officer: VP, General Counsel & CS	555 IH 35 SOUTH, SUITE 500, NEW BRAUNFELS TX 78130
Scott T Anderson	officer: VP Finance & Insurance	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Michael Mcroberts	officer: Senior Vice President	P. O. BOX 34630, SAN ANTONIO TX 78265
Raymond Joseph Chess	director	1084 ANDANTE CT, OXFORD MI 48370
Derrek Weaver	officer: VP, Chief Compliance Officer, General Counsel	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Troy A Clarke	director	C/O FUEL SYSTEMS SOLUTIONS, INC., 780 THIRD AVE. 25TH FLOOR, NEW YORK NY 10017
James E Thor	officer: Senior V.P. of Retail Sales	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
James C Underwood	director	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Elaine Mendoza	director	2223 POSTOAK COURT, SAN ANTONIO TX 78248
Richard J Ryan	officer: S.V.P. Navistar Dealerships	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265
Thomas A Akin	director	C/O RUSH ENTERPRISES, INC., P. O. BOX 34630, SAN ANTONIO TX 78265