Cedar Fair LP (Cedar Fair LP) Change In Receivables : $-8 Mil (TTM As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Cedar Fair LP Change In Receivables?

Cedar Fair LP's change in receivables for the quarter that ended in Dec. 2023 was $9 Mil. It means Cedar Fair LP's Accounts Receivable declined by $9 Mil from Sep. 2023 to Dec. 2023 .

Cedar Fair LP's change in receivables for the fiscal year that ended in Dec. 2023 was $-8 Mil. It means Cedar Fair LP's Accounts Receivable increased by $8 Mil from Dec. 2022 to Dec. 2023 .

Cedar Fair LP's Accounts Receivable for the quarter that ended in Dec. 2023 was $80 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. Cedar Fair LP's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cedar Fair LP's liquidation value for the three months ended in Dec. 2023 was $-2,676 Mil.

Cedar Fair LP Change In Receivables Historical Data

The historical data trend for Cedar Fair LP'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.

Cedar Fair LP Change In Receivables Chart

Cedar Fair LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

0.38

28.73

-27.65

-9.12

-8.45

Cedar Fair LP 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															7.02	16.47	-45.34	11.59	8.84

Cedar Fair LP 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 $-8 Mil.

Cedar Fair LP (NYSE:FUN) 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.

Cedar Fair LP's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	79.513	/	371.123	*	91
=	19.55

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

Cedar Fair LP'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)
=	65.488	-	2823.495	+	0.75 * 79.513	+	0.5 * 44.097
=	-2,676

Cedar Fair LP Change In Receivables Related Terms

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

Cedar Fair LP (Cedar Fair LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Cedar Fair LP (NYSE:FUN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Cedar Point Drive, Sandusky, OH, USA, 44870-5259

Website

https://ir.cedarfair.com

Cedar Fair LP operates amusement park-resorts located in various states across USA and Canada. All their parks have facilities for people from all age groups as well as exciting rides and attractions. The Partnership's portfolio of parks includes Cedar Point, Kings Island, Canada's Wonderland, Dorney Park and the Wildwater Kingdom, Valleyfair, Michigan's Adventure, Kings Dominion, Carowinds, Worlds of Fun, Knott's Berry Farm, and California's Great America. Other than these parks, the partnership also holds a contract to operate a few other parks. Revenues are obtained from amounts paid to gain admission to parks including parking fees, extra-charge attractions, and others.

Executives

Nina Barton	director	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Monica Sauls	officer: Senior VP CHRO	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Jennifer Mason	director	C/O CEDAR FAIR, 8701 RED OAK BLVD., CHARLOTTE NC 28217
Michelle M Frymire	director	C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Daniel J Hanrahan	director	ROYAL CARIBBEAN CRUISES LTD, 1050 CARIBBEAN WAY, MIAMI FL 33132
Brian Nurse	officer: Exec VP, Chief Legal Officer	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Matthew A Ouimet	officer: President	ONE CEDAR POINT DR., SANDUSKY OH 44870
Louis Carr	director	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Carlos Ruisanchez	director	C/O PINNACLE ENTERTAINMENT INC, 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Tim Fisher	officer: Chief Operating Officer	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Craig Heckman	officer: SVP, Human Resources	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Brian C Witherow	officer: V.P. & Corporate Controller	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
David R. Hoffman	officer: VP of Finance & Corp Tax	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Milkie Duffield	officer: V.P. & General Counsel	ONE CEDAR POINT DR, SANDUSKY OH 44870
Richard Zimmerman	officer: VP & GM - Great America	ONE CEDAR POINT DRIVE, SANDUSKY OH 44870