Thomson Reuters (Thomson Reuters) Change In Receivables : $-173 Mil (TTM As of Dec. 2023)

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What is Thomson Reuters Change In Receivables?

Thomson Reuters's change in receivables for the quarter that ended in Dec. 2023 was $-132 Mil. It means Thomson Reuters's Accounts Receivable increased by $132 Mil from Sep. 2023 to Dec. 2023 .

Thomson Reuters's change in receivables for the fiscal year that ended in Dec. 2023 was $-83 Mil. It means Thomson Reuters's Accounts Receivable increased by $83 Mil from Dec. 2022 to Dec. 2023 .

Thomson Reuters's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,049 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. Thomson Reuters's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Thomson Reuters's liquidation value for the three months ended in Dec. 2023 was $-5,559 Mil.

Thomson Reuters Change In Receivables Historical Data

The historical data trend for Thomson Reuters'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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Thomson Reuters Change In Receivables Chart

Thomson Reuters Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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116.00

29.00

76.00

-28.00

-83.00

Thomson Reuters 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															-92.00	-	-59.00	18.00	-132.00

Thomson Reuters 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 $-173 Mil.

Thomson Reuters (NYSE:TRI) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1049	/	1815	*	91
=	52.74

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

Thomson Reuters'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)
=	1264	-	7620	+	0.75 * 1049	+	0.5 * 20
=	-5,559

Thomson Reuters Change In Receivables Related Terms

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Thomson Reuters (Thomson Reuters) Business Description

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333 Bay Street, Suite 300, Toronto, ON, CAN, M5H 2R2

Website

https://www.thomsonreuters.com

Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.