CSX (CSX) Change In Receivables

: $17 Mil (TTM As of Mar. 2024)

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CSX's change in receivables for the quarter that ended in Mar. 2024 was $5 Mil. It means CSX's Accounts Receivable declined by $5 Mil from Dec. 2023 to Mar. 2024 .

CSX's change in receivables for the fiscal year that ended in Dec. 2023 was $-51 Mil. It means CSX's Accounts Receivable increased by $51 Mil from Dec. 2022 to Dec. 2023 .

CSX's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,042 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. CSX's Days Sales Outstanding for the three months ended in Mar. 2024 was 25.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CSX's liquidation value for the three months ended in Mar. 2024 was $-27,601 Mil.

CSX Change In Receivables Historical Data

The historical data trend for CSX'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.

CSX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

45.00

83.00

-141.00

-101.00

-51.00

CSX Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables																-63.00	71.00	-73.00	14.00	5.00

CSX 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $17 Mil.

CSX (NAS:CSX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1042	/	3681	*	91
=	25.83

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1485	-	30093	+	0.75 * 1042	+	0.5 * 451
=	-27,601

CSX Change In Receivables Related Terms

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CSX (CSX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CSX Corp (NAS:CSX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CSX:Mexico CXR:Germany CXR:Germany CSXC34:Brazil

Address

500 Water Street, 15th Floor, Jacksonville, FL, USA, 32202

Website

https://www.csx.com

Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.8 billion in 2022. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.

Executives

Michael A. Cory	officer: EVP & COO	500 WATER STREET, JACKSONVILLE FL 32202
Joseph R Hinrichs	director, officer: President & CEO	FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
John J Zillmer	director	ARAMARK CORP, 1101 MARKET ST, PHILADELPHIA PA 19107
James L Wainscott	director	C/O AK STEEL HOLDING CORP, 9227 CENTRE POINTE DRIVE, WEST CHESTER OH 45069
Stephen Fortune	officer: EVP - CD&TO	500 WATER STREET, JACKSONVILLE FL 32202
Nathan D Goldman	officer: EVP & CLO	500 WATER STREET, JACKSONVILLE FL 32202
Angela C Williams	officer: VP & Controller	500 WATER STREET, JACKSONVILLE FL 32202
Mark Kenneth Wallace	officer: EVP - Corporate Affairs	7550 OGDEN DALE ROAD S.E., CALGARY A0 T2C 4X9
Sean R. Pelkey	officer: VP & Acting CFO	500 WATER STREET, JACKSONVILLE FL 32202
David M Moffett	director	C/O PAYPAL HOLDINGS INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Diana B Sorfleet	officer: EVP & CAO	500 WATER STREET, JACKSONVILLE FL 32202
Thomas Bostick	director	20374 SENECA MEADOWS PARKWAY, GERMANTOWN MD 20876
Kevin S. Boone	officer: VP & Interim CFO	500 WATER STREET, JACKSONVILLE FL 32202
James M Foote	officer: EVP & COO	GATX CORP, 500 WEST MONROE STREET, CHICAGO IL 60661
Paul C Hilal	director	MANTLE RIDGE, L.P., 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019