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Corpay's change in receivables for the quarter that ended in Dec. 2023 was $599 Mil. It means Corpay's Accounts Receivable declined by $599 Mil from Sep. 2023 to Dec. 2023 .
Corpay's change in receivables for the fiscal year that ended in Dec. 2023 was $-210 Mil. It means Corpay's Accounts Receivable increased by $210 Mil from Dec. 2022 to Dec. 2023 .
Corpay's Accounts Receivable for the quarter that ended in Dec. 2023 was $2,162 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. Corpay's Days Sales Outstanding for the three months ended in Dec. 2023 was 210.43.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Corpay's liquidation value for the three months ended in Dec. 2023 was $-9,183 Mil.
The historical data trend for Corpay'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.
Corpay Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -196.03 | 264.14 | -731.14 | -598.67 | -210.26 |
Corpay 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 | 351.56 | 370.96 | -736.53 | -443.92 | 599.23 |
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 $-210 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.
Corpay (NYSE:CPAY) 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.
Corpay's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 2161.586 | / | 937.32 | * | 91 |
= | 210.43 |
2. In Ben Graham's calculation of liquidation value, Corpay's accounts receivable are only considered to be worth 75% of book value:
Corpay'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) |
= | 1389.648 | - | 12193.893 | + | 0.75 * 2161.586 | + | 0.5 * 0 |
= | -9,183 |
* 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.
Thank you for viewing the detailed overview of Corpay's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Gerald C Throop | director | C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425 |
Thomas E Panther | officer: Chief Financial Officer | 10 GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30328 |
Rahul Gupta | director | 255 FISERV DRIVE, BROOKFIELD WI 53045 |
Annabelle G Bexiga | director | 1075 JORDAN CREEK PARKWAY, SUITE 300, WEST DES MOINES IA 50266 |
Alan King | officer: President UK and Aust/NewZea | 5445 TRIANGLE PARKWAY, NORCROSS GA 30092 |
Eric Dey | officer: CFO & Secretary | 655 ENGINEERING DRIVE, SUITE 300, NORCROSS GA 30092 |
Jones Archie L Jr. | director | 3280 PEACHTREE ROAD, ATLANTA GA 30305 |
Alissa B Vickery | officer: Chief Accounting Officer | 3280 PEACHTREE ROAD, SUITE 2400, ATLANTA GA 30305 |
Alexey Gavrilenya | officer: President East/Central Europe | 5445 TRIANGLE PARKWAY, NORCROSS GA 30092 |
David J Krantz | officer: Group President, NA Fuel | 5445 TRIANGLE PARKWAY, SUITE 400, PEACHTREE CORNERS 2Q 30092 |
Hala G Moddelmog | director | |
Jeffrey Steven Sloan | director | 5048 NORTHSIDE DRIVE, ATLANTA GA 30327 |
John Coughlin | officer: Exec VP, Corp Development | 655 ENGINEERING DRIVE, SUITE 300, NORCROSS GA 30092 |
Armando Lins Netto | officer: CEO Brazil | 5455 TRIANGLE PARKWAY, NORCROSS GA 30092 |
Richard Macchia | director | C/O INTERNET SECURITY SYSTEMS INC, 6303 BARFIELD RD, ATLANTA GA 30328 |
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