LKQ (LKQ) Change In Receivables

: $5 Mil (TTM As of Dec. 2023)

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LKQ's change in receivables for the quarter that ended in Dec. 2023 was $159 Mil. It means LKQ's Accounts Receivable declined by $159 Mil from Sep. 2023 to Dec. 2023 .

LKQ's change in receivables for the fiscal year that ended in Dec. 2023 was $5 Mil. It means LKQ's Accounts Receivable declined by $5 Mil from Dec. 2022 to Dec. 2023 .

LKQ's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,165 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. LKQ's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LKQ's liquidation value for the three months ended in Dec. 2023 was $-6,165 Mil.

LKQ Change In Receivables Historical Data

The historical data trend for LKQ'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 26.42 [6] => 94.00 [7] => -16.00 [8] => -16.00 [9] => 5.00 )

LKQ Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

26.42

94.00

-16.00

5.00

LKQ 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																102.00	-236.00	13.00	69.00	159.00

LKQ 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 $5 Mil.

LKQ (NAS:LKQ) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1165	/	3501	*	91
=	30.36

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

LKQ'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)
=	299	-	8898	+	0.75 * 1165	+	0.5 * 3121
=	-6,165

LKQ Change In Receivables Related Terms

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LKQ (LKQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LKQ Corp (NAS:LKQ) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

LKQ1:Germany LKQ1:Germany

Address

500 West Madison Street, Suite 2800, Chicago, IL, USA, 60661

Website

https://www.lkqcorp.com

LKQ is a Global distributor of non-OEM automotive parts. Initially formed in 1998 as a consolidator of auto salvage operations in the United States, it has since greatly expanded its scope to include distribution of new mechanical and collision parts, specialty auto equipment, and remanufactured and recycled parts in both Europe and North America. It still maintains its auto salvage business and owns over 70 LKQ pick-your-part junkyards. Separate from the self-service business, LKQ purchases over 300,000 salvage automobiles annually that are used to extract parts for resale. Globally, the company maintains approximately 1,700 facilities.

Executives

Blythe J Mcgarvie	director	HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Varun Laroyia	officer: Executive VP and CFO	500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Dominick P Zarcone	director, officer: President and CEO	C/O LKQ CORPORATION, 500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Meg Divitto	director	500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Xavier Urbain	director	500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Patrick Berard	director	500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
Robert M. Hanser	director	500 W. MADISON STREET, SUITE 2800, CHICAGO IL 60661
John W Mendel	director	C/O TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Valueact Capital Master Fund, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Rick Galloway	officer: SVP and CFO	500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Joseph M Holsten	director, officer: President and CEO
Genevieve L Dombrowski	officer: SVP -- Human Resources	500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
Valueact Holdings, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Capital Management, L.p.	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Valueact Capital Management, Llc	director, other: See Remarks	ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129