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XPO (XPO) Change In Receivables : $-46 Mil (TTM As of Dec. 2023)


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What is XPO Change In Receivables?

XPO's change in receivables for the quarter that ended in Dec. 2023 was $95 Mil. It means XPO's Accounts Receivable declined by $95 Mil from Sep. 2023 to Dec. 2023 .

XPO's change in receivables for the fiscal year that ended in Dec. 2023 was $-46 Mil. It means XPO's Accounts Receivable increased by $46 Mil from Dec. 2022 to Dec. 2023 .

XPO's Accounts Receivable for the quarter that ended in Dec. 2023 was $973 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. XPO's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. XPO's liquidation value for the three months ended in Dec. 2023 was $-5,084 Mil.


XPO Change In Receivables Historical Data

The historical data trend for XPO'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.

XPO Change In Receivables Chart

XPO 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 101.00 - -171.00 -100.00 -46.00

XPO 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 99.00 -69.00 5.00 -77.00 95.00

XPO 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 $-46 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.


XPO  (NYSE:XPO) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=973/1940*91
=45.77

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

XPO'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)
=412-6226+0.75 * 973+0.5 * 0
=-5,084

* 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.


XPO Change In Receivables Related Terms

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XPO (XPO) Business Description

Traded in Other Exchanges
Address
Five American Lane, Greenwich, CT, USA, 06831
Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. On a pro forma basis for the November RXO spinoff, We estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. That said, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.
Executives
Mario A Harik officer: Chief Information Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
J Wes Frye director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Kyle Wismans officer: Chief Financial Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Allison Landry director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
David J. Bates officer: Chief Operating Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Wendy Cassity officer: Chief Legal Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Anderson Carl Douglas Ii officer: Chief Financial Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Bella Loykhter Allaire director 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Irene Moshouris director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Farhad Nanji 10 percent owner C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
S Jacobs Bradley director, officer: Chief Executive Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Mfn Partners Management, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Gp, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michael Demichele 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116