AAN (The Aarons Co) Change In Receivables : $-42 Mil (TTM As of Jun. 2024)

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What is The Aarons Co Change In Receivables?

The Aarons Co's change in receivables for the quarter that ended in Jun. 2024 was $-12 Mil. It means The Aarons Co's Accounts Receivable increased by $12 Mil from Mar. 2024 to Jun. 2024 .

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

The Aarons Co's Accounts Receivable for the quarter that ended in Jun. 2024 was $35 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. The Aarons Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 6.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Aarons Co's liquidation value for the three months ended in Jun. 2024 was $-697 Mil.

The Aarons Co Change In Receivables Historical Data

The historical data trend for The Aarons Co'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.

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The Aarons Co Change In Receivables Chart

The Aarons Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-33.27

-23.08

-26.17

-48.01

-46.12

The Aarons Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															-20.45	-1.41	-27.19	-1.71	-12.03

The Aarons Co 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-42 Mil.

The Aarons Co (NYSE:AAN) 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.

The Aarons Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	35.05	/	503.125	*	91
=	6.36

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

The Aarons Co's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	34.161	-	1113.37	+	0.75 * 35.05	+	0.5 * 711.162
=	-697

The Aarons Co Change In Receivables Related Terms

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The Aarons Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The Aarons Co Inc (NYSE:AAN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

400 Galleria Parkway SE, Suite 300, Atlanta, GA, USA, 30339-3182

Website

https://www.aarons.com

The Aarons Co Inc is a specialty retailer that has developed a lease-to-own model. It serves customers through the sale and lease ownership of furniture, consumer electronics, computers, home appliances, and other accessories with the highest quality products. Aaron's services are available through multiple channels to approximately 40-50 % of the U.S. population. The Company conducts its operations through two primary operating business segments: Aaron's Business and BrandsMart.

Executives

Rachel G George	officer: EVP, Gen Counsel/Corp Sec	400 GALLERIA PKWY SE, SUITE 300, ATLANTA GA 30339
Stephen W Olsen	officer: President	400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
Douglas A Lindsay	director, officer: Chief Executive Officer	309 E. PACES FERRY ROAD, ATLANTA GA 30305
Wangdali Bacdayan	director	400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
Douglass L Noe	officer: VP, Corporate Controller	400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
Kristine Kay Malkoski	director	6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Russell Falkenstein	officer: EVP, COO, Lease-to-Own	400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
John W Robinson	director	309 E PACES FERRY RD, SUITE 1100, ATLANTA GA 30505
Harris Hubert L. Jr.	director	309 E. PACES FERRY ROAD, ATLANTA GA 30305
Marvonia P Moore	director	400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
Kelly Hefner Barrett	director	4630 WYNMEADE PARK, MARIETTA GA 30067
Timothy A Johnson	director
Laura N Bailey	director	400 GALLERIA PARKWAY SE, SUITE 300, ATLANTA GA 30339
Sinclair Robert P Jr	officer: Corporate Controller and CAO	309 E. PACES FERRY RD N.E., ATLANTA GA 30305-2377
Aaron's Holdings Company, Inc.	10 percent owner	256 W. DATA DRIVE, DRAPER UT 84020