Automatic Data Processing's change in receivables for the quarter that ended in Dec. 2023 was $-274 Mil. It means Automatic Data Processing's Accounts Receivable
increased by $274 Mil
from Sep. 2023 to Dec. 2023 .
Automatic Data Processing's change in receivables for the fiscal year that ended in Jun. 2023 was $129 Mil. It means Automatic Data Processing's Accounts Receivable
declined by $129 Mil
from Jun. 2022 to Jun. 2023 .
Automatic Data Processing's Accounts Receivable for the quarter that ended in Dec. 2023 was $3,372 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.
Automatic Data Processing's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 69.27.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Automatic Data Processing's liquidation value for the
three
months ended in Dec. 2023 was $-48,579 Mil.
Automatic Data Processing Change In Receivables Historical Data
The historical data trend for Automatic Data Processing'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.
Automatic Data Processing 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 $-252 Mil.
* 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.
Automatic Data Processing (NAS:ADP) 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.
Automatic Data Processing's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of liquidation value, Automatic Data Processing's accounts receivable are only considered to be worth 75% of book value:
Automatic Data Processing's liquidation value for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Automatic Data Processing Change In Receivables Related Terms
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Automatic Data Processing (Automatic Data Processing) Business Description
ADP is a provider of payroll and human capital management solutions servicing the full scope of businesses from micro to global enterprises. ADP was established in 1949 and serves over 1 million clients primarily in the United States. ADP's employer services segment offers payroll, human capital management solutions, human resources outsourcing, insurance and retirement services. The smaller but faster-growing professional employer organization segment provides HR outsourcing solutions to small and midsize businesses through a co-employment model.
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