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Colliers International Group (Colliers International Group) Accounts Receivable : $594 Mil (As of Mar. 2024)


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What is Colliers International Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Colliers International Group's accounts receivables for the quarter that ended in Mar. 2024 was $594 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Colliers International Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 54.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Colliers International Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-67.88.


Colliers International Group Accounts Receivable Historical Data

The historical data trend for Colliers International Group's Accounts Receivable 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.

Colliers International Group Accounts Receivable Chart

Colliers International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 393.95 372.15 502.42 577.88 643.38

Colliers International Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial 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 596.63 584.57 604.54 643.38 594.45

Colliers International Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Colliers International Group Accounts Receivable 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 receivables are being managed.

Colliers International Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=594.451/1001.98*91
=54.14

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Colliers International Group's accounts receivable are only considered to be worth 75% of book value:

Colliers International Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(165.321+0.75 * 594.451+0.5 * 0-3048.005
-0-1063.064)/51.5571
=-67.88

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Colliers International Group Accounts Receivable Related Terms

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Colliers International Group (Colliers International Group) Business Description

Traded in Other Exchanges
Address
1140 Bay Street, Suite 4000, Toronto, ON, CAN, M5S 2B4
Colliers International Group Inc is a real estate services and investment management company. The company has operations in over 60 countries to provide advice and services to maximize the value of the property for real estate occupiers, owners, and investors. It offers services to investor, developers, and occupiers which includes source capital solutions, services for commercial and residential property developers, on a local, regional, national, and international basis, Infrastructure consulting, Design and Build, and Market research.
Executives
Spruce House Partnership Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Partnership (qp) Lp 10 percent owner 435 HUDSON ST #804, NEW YORK NY 10014
Spruce House Partnership (ai) Lp 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Spruce House Capital Llc 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Spruce House Investment Management Llc 10 percent owner 435 HUDSON STREET, 8TH FLOOR, NEW YORK NY 10014
Zachary Sternberg 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014
Benjamin Forester Stein 10 percent owner 435 HUDSON STREET, SUITE 804, NEW YORK NY 10014

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