Concentrix's change in receivables for the quarter that ended in Feb. 2024 was $-45 Mil. It means Concentrix's Accounts Receivable
increased by $45 Mil
from Nov. 2023 to Feb. 2024 .
Concentrix's change in receivables for the fiscal year that ended in Nov. 2023 was $-46 Mil. It means Concentrix's Accounts Receivable
increased by $46 Mil
from Nov. 2022 to Nov. 2023 .
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.
Concentrix's Days Sales Outstanding for the
three
months ended in Feb. 2024 was 41.72.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Concentrix's liquidation value for the
three
months ended in Feb. 2024 was $-7,083 Mil.
Concentrix Change In Receivables Historical Data
The historical data trend for Concentrix'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.
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 $-91 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.
Concentrix (NAS:CNXC) 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.
Concentrix's Days Sales Outstanding for the quarter that ended in Feb. 2024 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.
Concentrix Change In Receivables Related Terms
Thank you for viewing the detailed overview of Concentrix's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Concentrix Corp is a technology-enabled company specialized in customer engagement and customer management. The company provides end-to-end solutions that facilitate communication between clients and their customers, provide analytics and process optimization, and support client-centric operations and back-office processing across the enterprise. The solutions are provided in four complementary areas: Customer Lifecycle Management; CX/UX Strategy and Design; Digital Transformation; and VOC and Analytics. Also, the company provides insurance solutions, marketing solutions, and automation solutions.
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