Huron Consulting Group (Huron Consulting Group) Change In Receivables : $-64 Mil (TTM As of Dec. 2023)

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What is Huron Consulting Group Change In Receivables?

Huron Consulting Group's change in receivables for the quarter that ended in Dec. 2023 was $6 Mil. It means Huron Consulting Group's Accounts Receivable declined by $6 Mil from Sep. 2023 to Dec. 2023 .

Huron Consulting Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-64 Mil. It means Huron Consulting Group's Accounts Receivable increased by $64 Mil from Dec. 2022 to Dec. 2023 .

Huron Consulting Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $163 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. Huron Consulting Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.38.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Huron Consulting Group's liquidation value for the three months ended in Dec. 2023 was $-595 Mil.

Huron Consulting Group Change In Receivables Historical Data

The historical data trend for Huron Consulting 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.

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Huron Consulting Group Change In Receivables Chart

Huron Consulting Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-20.39

51.93

-78.67

-77.21

-64.10

Huron Consulting Group 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															-0.51	-30.84	-6.17	-32.59	5.50

Huron Consulting 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 $-64 Mil.

Huron Consulting Group (NAS:HURN) 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.

Huron Consulting Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	162.566	/	350.005	*	91
=	42.38

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

Huron Consulting Group'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)
=	12.149	-	729.25	+	0.75 * 162.566	+	0.5 * 0
=	-595

Huron Consulting Group Change In Receivables Related Terms

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Huron Consulting Group (Huron Consulting Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Huron Consulting Group Inc (NAS:HURN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

HUR:Germany

Address

550 West Van Buren Street, Chicago, IL, USA, 60607

Website

https://www.huronconsultinggroup.com

Huron Consulting Group Inc is a professional services firm. The company provides expertise in strategy, technology, operations, advisory services, & analytics through three operating segments namely Healthcare, Education, and Business Advisory. Healthcare segment helps the firms to transform and innovate the delivery model to focus on patient wellness by improving quality outcomes, minimizing care variation and fundamentally improving patient and population health, Education segment provides management consulting and technology solutions, and Business Advisory segment provides services to large and middle-market organizations, not-for-profit organizations, and private equity firms. It generates a majority of its revenue from the Healthcare Segment.

Executives

C. Mark Hussey	officer: EVP, CFO and Treasurer	550 WEST VAN BUREN STREET, CHICAGO IL 60607
Debra Zumwalt	director	149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Ekta Singh-bushell	director	9197 S. PEORIA ST., ENGLEWOOD CO 80112
James H Roth	officer: Chief Executive Officer	HURON CONSULTING GROUP, 550 WEST VAN BUREN STREET, CHICAGO IL 60607
John Mccartney	director	US ROBOTICS INC, 8100 MCCORMICK BLVD, SKOKIE IL 60076
H Eugene Lockhart	director	OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947
Sawyer Hugh E Iii	director	1806 BALLY BUNION DRIVE, DECATUR GA 30097
Kyle Featherstone	officer: Chief Acct Officer, Controller	550 W. VAN BUREN, 17TH FLOOR, CHICAGO IL 60607
Joy Brown	director	TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Peter Kenneth Markell	director	399 REVOLUTION DRIVE, 6TH FLOOR, SUITE 670, SOMERVILLE MA 02145
John D. Kelly	officer: Controller	555 WEST VAN BUREN STREET, CHICAGO IL 60607
Torain Ernest W. Jr.	officer: EVP, Gen. Counsel & Corp.Sec.	550 W. VAN BUREN, 17TH FLOOR, CHICAGO IL 60607
James Ronald Dail	officer: EVP, Chief Operating Officer	550 W. VAN BUREN STREET, 17TH FLOOR, CHICAGO IL 60607
George Massaro	director, officer: Vice Chairman
Diane E. Ratekin	officer: General Counsel, Asst. Sec.	550 WEST VAN BUREN STREET, CHICAGO IL 60607