GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cars.com Inc (NYSE:CARS) » Definitions » Change In Receivables

Cars.com (Cars.com) Change In Receivables : $-15.6 Mil (TTM As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Cars.com Change In Receivables?

Cars.com's change in receivables for the quarter that ended in Dec. 2023 was $-3.1 Mil. It means Cars.com's Accounts Receivable increased by $3.1 Mil from Sep. 2023 to Dec. 2023 .

Cars.com's change in receivables for the fiscal year that ended in Dec. 2023 was $-15.6 Mil. It means Cars.com's Accounts Receivable increased by $15.6 Mil from Dec. 2022 to Dec. 2023 .

Cars.com's Accounts Receivable for the quarter that ended in Dec. 2023 was $125.4 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. Cars.com's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cars.com's liquidation value for the three months ended in Dec. 2023 was $-547.1 Mil.


Cars.com Change In Receivables Historical Data

The historical data trend for Cars.com'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.

Cars.com Change In Receivables Chart

Cars.com Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.26 3.73 -5.35 -9.34 -15.57

Cars.com Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.81 -6.55 1.93 -7.85 -3.10

Cars.com 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 $-15.6 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.


Cars.com  (NYSE:CARS) 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.

Cars.com's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=125.373/179.606*91
=63.70

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

Cars.com's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=39.198-680.341+0.75 * 125.373+0.5 * 0
=-547.1

* 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.


Cars.com Change In Receivables Related Terms

Thank you for viewing the detailed overview of Cars.com's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Cars.com (Cars.com) Business Description

Traded in Other Exchanges
N/A
Address
300 S. Riverside Plaza, Suite 1000, Chicago, IL, USA, 60606
Cars.com Inc is an online destination for buying and selling new and used vehicles. The company brands include Dealer Inspire, DealerRater, FUEL, Accu-Trade, PickupTrucks.com, CreditIQ, and NewCars.com., websites directed towards different consumer segments.
Executives
Thomas Alex Vetter director, officer: CEO C/O CARS.COM INC.,300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60604
Sonia Jain officer: Chief Financial Officer 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Angelique Strong Marks officer: Chief Legal Officer 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Bryan Wiener director 520 BROAD STREET, NEWARK NJ 07102
Douglas Neal Miller officer: Chief Revenue Officer CARS.COM INC., 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Mcgovern Jr. Donald A. director C/O CARS.COM, 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Thomas E Hale director 600 TOWNSEND ST, SAN FRANCISCO CA 94103
Jeanette Tomy officer: Chief Financial Officer 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
James F Rogers officer: Chief Legal Officer 175 W. JACKSON, SUITE 800, CHICAGO IL 60604
Jenell Ross director 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
Scott E Forbes director C/O CARS.COM INC.,300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Jill A Greenthal director MARTHA STEWART LIVING OMNIMEDIA INC, 11 WEST 42ND STREET 25TH FLOOR, NEW YORK NY 10036
Becky A Sheehan officer: Chief Financial Officer C/O CARS.COM, 300 S. RIVERSIDE PLAZA, SUITE 1000, CHICAGO IL 60606
Michael Joseph Kelly director C/O EYEBLASTER, INC., 135 WEST 18TH STREET, 5TH FLOOR, NEW YORK NY 10011
Greg Revelle director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051