CVS Health (BSP:CVSH34) Change In Receivables : R$-31,023 Mil (TTM As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is CVS Health Change In Receivables?

CVS Health's change in receivables for the quarter that ended in Dec. 2023 was R$-11,466 Mil. It means CVS Health's Accounts Receivable increased by R$11,466 Mil from Sep. 2023 to Dec. 2023 .

CVS Health's change in receivables for the fiscal year that ended in Dec. 2023 was R$-30,673 Mil. It means CVS Health's Accounts Receivable increased by R$30,673 Mil from Dec. 2022 to Dec. 2023 .

CVS Health's Accounts Receivable for the quarter that ended in Dec. 2023 was R$58,347 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. CVS Health's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CVS Health's liquidation value for the three months ended in Dec. 2023 was R$-704,069 Mil.

CVS Health Change In Receivables Historical Data

The historical data trend for CVS Health'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.

CVS Health Change In Receivables Chart

CVS Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-8,857.51

-7,768.50

-15,285.20

-15,584.08

-30,672.75

CVS Health 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															-5,046.08	-3,911.66	-257.25	-15,388.99	-11,465.53

CVS Health 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 R$-31,023 Mil.

CVS Health (BSP:CVSH34) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	58346.818	/	459664.937	*	91
=	11.58

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

CVS Health'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)
=	56127.209	-	848116.181	+	0.75 * 58346.818	+	0.5 * 88318.895
=	-704,069

CVS Health Change In Receivables Related Terms

Thank you for viewing the detailed overview of CVS Health's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

CVS Health (BSP:CVSH34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » CVS Health Corp (BSP:CVSH34) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CVS:USA CVS:Peru CVS:Mexico 1CVS:Italy CVSd:UK CVS:Germany CVS:Chile CVS:Canada CVS:Austria

Address

One CVS Drive, Woonsocket, RI, USA, 02895

Website

https://www.cvshealth.com

CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 26 million medical members. The company's recent acquisition of Oak Street adds primary care services to the mix, which could have significant synergies with all its existing business lines.

CVS Health (BSP:CVSH34) Headlines

No Headlines