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Copart (BSP:C1PR34) Change In Receivables : R$-653 Mil (TTM As of Jan. 2024)


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What is Copart Change In Receivables?

Copart's change in receivables for the quarter that ended in Jan. 2024 was R$-536 Mil. It means Copart's Accounts Receivable increased by R$536 Mil from Oct. 2023 to Jan. 2024 .

Copart's change in receivables for the fiscal year that ended in Jul. 2023 was R$-432 Mil. It means Copart's Accounts Receivable increased by R$432 Mil from Jul. 2022 to Jul. 2023 .

Copart's Accounts Receivable for the quarter that ended in Jan. 2024 was R$868 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. Copart's Days Sales Outstanding for the three months ended in Jan. 2024 was 15.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Copart's liquidation value for the three months ended in Jan. 2024 was R$10,014 Mil.


Copart Change In Receivables Historical Data

The historical data trend for Copart'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.

* Premium members only.

Copart Change In Receivables Chart

Copart Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -245.69 46.29 -623.33 -685.17 -432.11

Copart Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Change In Receivables 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 -664.02 358.84 -116.87 -358.72 -536.18

Copart 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-653 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.


Copart  (BSP:C1PR34) 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.

Copart's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=867.984/5017.297*91
=15.79

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

Copart's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=13122.102-3864.751+0.75 * 867.984+0.5 * 210.558
=10,014

* 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.


Copart Change In Receivables Related Terms

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Copart (BSP:C1PR34) Business Description

Traded in Other Exchanges
Address
14185 Dallas Parkway, Suite 300, Dallas, TX, USA, 75254
Based in Dallas, Copart operates an online salvage vehicle auction with operations in 11 countries across North America, Europe, and the Middle East, facilitating over 3.5 million transactions annually. The company utilizes its virtual bidding platform, VB3, to connect vehicle sellers with over 750,000 registered buyers around the world. Buyers primarily consist of vehicle dismantlers, rebuilders, individuals and used vehicle retailers. About 80% of Copart's vehicle volume is supplied by auto insurance companies holding vehicles deemed a total loss. Copart also offers services such as vehicle transportation, storage, title transfer, and salvage value estimation. The company primarily operates on a consignment basis and collects fees based on the vehicle's final selling price.

Copart (BSP:C1PR34) Headlines

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