FedEx (BSP:FDXB34) Change In Receivables : R$1,534 Mil (TTM As of Feb. 2024)

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What is FedEx Change In Receivables?

FedEx's change in receivables for the quarter that ended in Feb. 2024 was R$2,862 Mil. It means FedEx's Accounts Receivable declined by R$2,862 Mil from Nov. 2023 to Feb. 2024 .

FedEx's change in receivables for the fiscal year that ended in May. 2023 was R$3,895 Mil. It means FedEx's Accounts Receivable declined by R$3,895 Mil from May. 2022 to May. 2023 .

FedEx's Accounts Receivable for the quarter that ended in Feb. 2024 was R$49,133 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. FedEx's Days Sales Outstanding for the three months ended in Feb. 2024 was 41.57.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FedEx's liquidation value for the three months ended in Feb. 2024 was R$-229,923 Mil.

FedEx Change In Receivables Historical Data

The historical data trend for FedEx'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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FedEx Change In Receivables Chart

FedEx Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Receivables

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-3,484.58

-7,506.04

-7,341.14

-1,538.07

3,895.38

FedEx Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															4,585.01	2,037.35	-617.55	-2,747.78	2,862.44

FedEx 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,534 Mil.

FedEx (BSP:FDXB34) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	49132.754	/	107840.044	*	91
=	41.57

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	27999.32	-	296359.205	+	0.75 * 49132.754	+	0.5 * 3174.976
=	-229,923

FedEx Change In Receivables Related Terms

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FedEx (BSP:FDXB34) Business Description

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Traded in Other Exchanges

FDX:USA FDX:Peru FDX:Mexico 1FDX:Italy FDX:Germany FDX:Argentina

Address

942 South Shady Grove Road, Memphis, TN, USA, 38120

Website

https://www.fedex.com

FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2023, which ended May 2023, FedEx derived 47% of revenue from its express division, 37% from ground, and 11% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth-largest global parcel delivery provider.

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