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FreightCar America (FreightCar America) Change In Receivables : $4.6 Mil (TTM As of Dec. 2023)


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What is FreightCar America Change In Receivables?

FreightCar America's change in receivables for the quarter that ended in Dec. 2023 was $3.4 Mil. It means FreightCar America's Accounts Receivable declined by $3.4 Mil from Sep. 2023 to Dec. 2023 .

FreightCar America's change in receivables for the fiscal year that ended in Dec. 2023 was $4.6 Mil. It means FreightCar America's Accounts Receivable declined by $4.6 Mil from Dec. 2022 to Dec. 2023 .

FreightCar America's Accounts Receivable for the quarter that ended in Dec. 2023 was $6.4 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. FreightCar America's Days Sales Outstanding for the three months ended in Dec. 2023 was 4.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FreightCar America's liquidation value for the three months ended in Dec. 2023 was $-198.8 Mil.


FreightCar America Change In Receivables Historical Data

The historical data trend for FreightCar America'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.

FreightCar America Change In Receivables Chart

FreightCar America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.23 -6.89 -24.83 24.95 4.59

FreightCar America 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.92 3.86 -12.82 10.15 3.40

FreightCar America 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 $4.6 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.


FreightCar America  (NAS:RAIL) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.408/126.604*91
=4.62

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

FreightCar America'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)
=39.598-305.665+0.75 * 6.408+0.5 * 125.022
=-198.8

* 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.


FreightCar America Change In Receivables Related Terms

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FreightCar America (FreightCar America) Business Description

Traded in Other Exchanges
Address
125 S. Wacker Drive, Suite 1500, Chicago, IL, USA, 60606
FreightCar America Inc is a diversified manufacturer of railcars and railcar components in North America. The company design and manufacture a broad variety of freight cars including covered hoppers, open-top hoppers, gondolas, intermodal, and non-intermodal flat cars that transport numerous types of dry bulk and containerized freight products. Its Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing, and major railcar rebuilds and generates revenue from the same.
Executives
Benavides Alejandro Gil 10 percent owner BARRANQUILLA 404 COLONIA GRADALUPE, MONCLOVA N9 25750
Nicholas J Randall officer: Chief Operating Officer 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
De Nigris Felan Jose director 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
James R Meyer director, officer: President and CEO TWO NORTH RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
W Matthew Tonn officer: Chief Commercial Officer 2 N RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
Fuentes Sierra Juan Carlos officer: Corporate Controller & CAO 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Celia Perez officer: GC and Corp Secretary 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Travis D Kelly director 125 S WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Michael Anthony Riordan officer: Corporate Controller and CAO 125 SOUTH WACKER DRIVE, SUITE 1500, CHICAGO IL 60606
Rodger L Boehm director 165 WESTVIEW ROAD, WINNETKA IL 60093
Pacific Investment Management Co Llc 10 percent owner 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Terence R Rogers officer: Vice Pres, CFO and Treasurer RYERSON INC, 2621 W. 15TH PLACE, CHICAGO IL 60608
Gil Benavides Jesus Salvador director 125 S. WACKER DRIVE, SUITE 1500, C/O FREIGHTCAR AMERICA, INC., CHICAGO IL 60606
Fabricaciones Y Servicios De Mexico, S.a. De C.v. 10 percent owner CARRETARA 57 KM 178, CASTANOS O5 25870
Elizabeth K Arnold director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112