Tyler Technologies (Tyler Technologies) Change In Receivables

: $-40 Mil (TTM As of Dec. 2023)

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Tyler Technologies's change in receivables for the quarter that ended in Dec. 2023 was $-2 Mil. It means Tyler Technologies's Accounts Receivable increased by $2 Mil from Sep. 2023 to Dec. 2023 .

Tyler Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-40 Mil. It means Tyler Technologies's Accounts Receivable increased by $40 Mil from Dec. 2022 to Dec. 2023 .

Tyler Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $620 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. Tyler Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 117.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tyler Technologies's liquidation value for the three months ended in Dec. 2023 was $-1,098 Mil.

Tyler Technologies Change In Receivables Historical Data

The historical data trend for Tyler Technologies'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.

Tyler Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-67.66

-25.85

17.61

-51.41

-39.88

Tyler Technologies 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																-17.25	77.56	-129.07	13.74	-2.11

Tyler Technologies 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 $-40 Mil.

Tyler Technologies (NYSE:TYL) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	619.704	/	480.934	*	91
=	117.58

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

Tyler Technologies'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)
=	175.878	-	1738.668	+	0.75 * 619.704	+	0.5 * 0
=	-1,098

Tyler Technologies Change In Receivables Related Terms

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Tyler Technologies (Tyler Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tyler Technologies Inc (NYSE:TYL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

TYL:Mexico TYP:Germany

Address

5101 Tennyson Parkway, Plano, TX, USA, 75024

Website

https://www.tylertech.com

Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.

Executives

Brian K Miller	officer: Vice President Finance	5101 TENNYSON PARKWAY, PLANO TX 75024
Marr John S Jr	officer: Chief Operating Officer	370 US ROUTE 1, PALMOUTH ME 04105
Dustin R Womble	officer: Executive VP	5101 TENNYSON PARKWAY, PLANO TX 75024
Daniel M Pope	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Moore H Lynn Jr	officer: VP and General Counsel	5101 TENNYSON PARKWAY, PLANO TX 75024
Glenn A Carter	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Jeffrey David Puckett	officer: Chief Operating Officer	5101 TENNYSON PARKWAY, PLANO TX 75024
Luther Jr King	director	5949 SHERRY LANE, SUITE 1400, DALLAS TX 75225
Hawkins Ronnie D. Jr.	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Donald R Brattain	director
Brenda A Cline	director	5101 TENNYSON PARKWAY, PLANO TX 75024
Mary L. Landrieu	director	100 CENTURYLINK DRIVE, MONROE LA 71203
Larry D Leinweber	director	NEW WORLD SYSTEMS, INC, 888 WEST BIG BEAVER, SUITE 600, TROY MI 48084
John M Yeaman	director, officer: Chairman	5101 TENNYSON PARKWAY, PLANO TX 75024
Bruce Graham	officer: Executive Vice President	5101 TENNYSON PARKWAY, PLANO TX 75024