Intuit (Intuit) Change In Receivables

: $-84 Mil (TTM As of Jan. 2024)

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Intuit's change in receivables for the quarter that ended in Jan. 2024 was $-664 Mil. It means Intuit's Accounts Receivable increased by $664 Mil from Oct. 2023 to Jan. 2024 .

Intuit's change in receivables for the fiscal year that ended in Jul. 2023 was $106 Mil. It means Intuit's Accounts Receivable declined by $106 Mil from Jul. 2022 to Jul. 2023 .

Intuit's Accounts Receivable for the quarter that ended in Jan. 2024 was $928 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. Intuit's Days Sales Outstanding for the three months ended in Jan. 2024 was 25.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Intuit's liquidation value for the three months ended in Jan. 2024 was $-10,595 Mil.

Intuit Change In Receivables Historical Data

The historical data trend for Intuit'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.

Intuit Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Receivables

16.00

-6.00

-155.00

-2.00

106.00

Intuit Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables																-497.00	251.00	284.00	45.00	-664.00

Intuit 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-84 Mil.

Intuit (NAS:INTU) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	928	/	3386	*	91
=	25.01

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1489	-	12780	+	0.75 * 928	+	0.5 * 0
=	-10,595

Intuit Change In Receivables Related Terms

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Intuit (Intuit) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intuit Inc (NAS:INTU) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

INTU:Mexico 1INTU:Italy ITUd:UK ITU:Germany ITU:Germany ITU:Germany INTU34:Brazil INTU:Austria

Address

2700 Coast Avenue, Mountain View, CA, USA, 94043

Website

https://www.intuit.com

Intuit is a provider of small-business accounting software (QuickBooks), personal tax solutions (TurboTax), and professional tax offerings (Lacerte). Founded in the mid-1980s, Intuit controls the majority of U.S. market share for small-business accounting and DIY tax-filing software.

Executives

Alex G. Balazs	officer: EVP, Chief Technology Officer	C/O INTUIT INC., 2700 COAST AVE, MOUNTAIN VIEW CA 94043
Laura A Fennell	officer: VP, General Counsel, Corp. Sec	C/O INTUIT INC., PO BOX 7850, MOUNTAIN VIEW CA 94039-7850
Raul Vazquez	director	500 STAPLES DR., FRAMINGHAM MA 01702
Sasan K Goodarzi	officer: Senior Vice President	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Sandeep Aujla	officer: EVP and CFO	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Mark P. Notarainni	officer: EVP, Consumer Group	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Marianna Tessel	officer: EVP, Chief Technology Officer	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Lauren D Hotz	officer: VP, Chief Accounting Officer	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
James Alexander Chriss	officer: EVP and GM SBSEG	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Kerry J Mclean	officer: SVP, General Counsel	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Michelle M Clatterbuck	officer: EVP and CFO	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Ryan Roslansky	director	C/O GODADDY INC., 2155 E. GODADDY WAY, TEMPE AZ 85284
Eric S. Yuan	director	C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113
Eve B Burton	director	770 BROADWAY, NEW YORK NY 10003
Varun Krishna	officer: EVP, Consumer Group	2700 COAST AVENUE, MOUNTAIN VIEW CA 94043