Avis Budget Group's change in receivables for the quarter that ended in Dec. 2023 was $-210 Mil. It means Avis Budget Group's Accounts Receivable
increased by $210 Mil
from Sep. 2023 to Dec. 2023 .
Avis Budget Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-43 Mil. It means Avis Budget Group's Accounts Receivable
increased by $43 Mil
from Dec. 2022 to Dec. 2023 .
Avis Budget Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $900 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.
Avis Budget Group's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 29.12.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Avis Budget Group's liquidation value for the
three
months ended in Dec. 2023 was $-31,682 Mil.
Avis Budget Group Change In Receivables Historical Data
The historical data trend for Avis Budget Group'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.
Avis Budget Group 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 $-43 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.
Avis Budget Group (NAS:CAR) 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.
Avis Budget Group's Days Sales Outstanding 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.
Avis Budget Group Change In Receivables Related Terms
Thank you for viewing the detailed overview of Avis Budget Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Avis Budget Group (Avis Budget Group) Business Description
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CAR has been successfully added to your 