SLM (SLM) Change In Receivables

: $-1,054 Mil (TTM As of Dec. 2023)

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SLM's change in receivables for the quarter that ended in Dec. 2023 was $-277 Mil. It means SLM's Accounts Receivable increased by $277 Mil from Sep. 2023 to Dec. 2023 .

SLM's change in receivables for the fiscal year that ended in Dec. 2023 was $-1,054 Mil. It means SLM's Accounts Receivable increased by $1,054 Mil from Dec. 2022 to Dec. 2023 .

SLM's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,380 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. SLM's Days Sales Outstanding for the three months ended in Dec. 2023 was 284.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SLM's liquidation value for the three months ended in Dec. 2023 was $-21,417 Mil.

SLM Change In Receivables Historical Data

The historical data trend for SLM'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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SLM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-963.89

-876.70

-743.76

-819.96

-1,054.07

SLM 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																-239.25	-257.89	-253.20	-266.04	-276.95

SLM 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 $-1,054 Mil.

SLM (NAS:SLM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1379.904	/	442.999	*	91
=	284.24

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

SLM'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)
=	4836.6	-	27288.671	+	0.75 * 1379.904	+	0.5 * 0
=	-21,417

SLM Change In Receivables Related Terms

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SLM (SLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » SLM Corp (NAS:SLM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SLMBP.PFD:USA SM1:Germany

Address

300 Continental Drive, Newark, DE, USA, 19713

Website

https://www.salliemae.com

SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.

Executives

Peter M Graham	officer: EVP	150 CORPORATE BLVD, NORFOLK VA 23502
Nicolas Jafarieh	officer: SVP, General Counsel	SLM CORPORATION, 300 CONTINENTAL DRIVE, NEWARK DE 19713
Munish Pahwa	officer: Chief Risk Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Jonathan Boyles	officer: SVP & Controller	300 CONTINENTAL DRIVE., NEWARK DE 19713
Steven Mcgarry	officer: Chief Financial Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Richard Scott Blackley	director	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Samuel Theron Ramsey	director	6612 SAIN MILLING ROAD, VALE NC 28168
Robert S. Strong	director	300 CONTINENTAL DR., NEWARK DE 19713
Ted Manvitz	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
Franke Mary Carter Warren	director	300 CONTINENTAL DRIVE, NEWARK DE 19713
Kerri A. Palmer	officer: EVP & Chief Risk and Comp Off	300 CONTINENTAL DRIVE, NEWARK DE 19713
Paul F Thome	officer: EVP & Chief Admin Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Daniel P Kennedy	officer: SVP, Chief Operational Officer	300 CONTINENTAL DRIVE, NEWARK DE 19713
Jonathan W. Witter	director, officer: CEO	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Earl A Goode	director	300 CONTINENTAL DRIVE, NEWARKD DE 19713