CGIP (Celadon Group) Change In Receivables: $1 Mil (TTM As of Dec. 2016)

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What is Celadon Group Change In Receivables?

Celadon Group CGIP Change In Receivables is $1 Mil as of Dec. 2016.

Celadon Group's change in receivables for the quarter that ended in Dec. 2016 was $-3 Mil. It means Celadon Group's Accounts Receivable increased by $3 Mil from Sep. 2016 to Dec. 2016 .

Celadon Group's change in receivables for the fiscal year that ended in Jun. 2016 was $0 Mil. It means Celadon Group's Accounts Receivable declined by $0 Mil from Jun. 2015 to Jun. 2016 .

Celadon Group's Accounts Receivable for the quarter that ended in Dec. 2016 was $134 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. Celadon Group's Days Sales Outstanding for the three months ended in Dec. 2016 was 45.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Celadon Group's liquidation value for the three months ended in Dec. 2016 was $-507 Mil.

Celadon Group  (OTCPK:CGIP) 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.

Celadon Group's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=133.784/265.725*91
=45.94

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

Celadon Group's liquidation value for the quarter that ended in Dec. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6.138-613.503+0.75 * 133.784+0.5 * 0
=-507

* 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.

Celadon Group Change In Receivables Related Terms

Celadon Group Change In Receivables Historical Data

* Premium members only.

The historical data trend for Celadon Group'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.

Celadon Group Change In Receivables Chart

Celadon Group Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.12 -2.13 -17.13 -6.20 0.17

Celadon Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 1.46 4.61 -3.81 3.18 -3.22

Celadon Group 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $1 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $1 Mil mean?
Celadon Group (CGIP) has a Change In Receivables of $1 Mil as of Dec. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Celadon Group and its competitors.
Is Celadon Group's Change In Receivables too high?
Celadon Group's current Change In Receivables is $1 Mil.
How does Celadon Group's Change In Receivables compare to competitors?
Celadon Group's Change In Receivables of $1 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Transportation company?
A good Change In Receivables depends on the Transportation industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Celadon Group and its competitors. Celadon Group's current Change In Receivables is $1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celadon Group stock overvalued right now?
Celadon Group (CGIP) has a current Change In Receivables of $1 Mil. The current Change In Receivables is $1 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Celadon Group (CGIP), the current Change In Receivables is $1 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Celadon Group Business Description

Address 9503 East 33rd Street, One Celadon Drive, Indianapolis, IN, USA, 46235
Celadon Group Inc is a United States based company truckload freight transportation provider. Through its subsidiaries, the company provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. It also offers freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution. The operating segments of the company are Asset-based, Asset-light and Equipment leasing and services.