Convergys's change in receivables for the quarter that ended in Jun. 2018 was $21 Mil. It means Convergys's Accounts Receivable
declined by $21 Mil
from Mar. 2018 to Jun. 2018 .
Convergys's change in receivables for the fiscal year that ended in Dec. 2017 was $-19 Mil. It means Convergys's Accounts Receivable
increased by $19 Mil
from Dec. 2016 to Dec. 2017 .
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.
Convergys's Days Sales Outstanding for the
three
months ended in Jun. 2018 was 76.88.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Convergys's liquidation value for the
three
months ended in Jun. 2018 was $-380 Mil.
Convergys Change In Receivables Historical Data
The historical data trend for Convergys'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.
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 Jun. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2 Mil.
* 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.
Convergys (NYSE:CVG) 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.
Convergys's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:
* 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.
Convergys Change In Receivables Related Terms
Thank you for viewing the detailed overview of Convergys's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Convergys is an operator of contact centers offering customer-management services. The services include sales, customer services, technical support, customer retention, collection services, and analytics. Convergys provides its services to a wide range of industries, such as utilities, travel and hospitality, automotive, communications and media, technology, financial services, healthcare, retail, and insurance. The revenue stream is North America, and the company relies on just a few contracts for a large part of its sales.
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