CONNQ (Conn's) Change In Receivables: $-160 Mil (TTM As of Jan. 2024)

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CONNQ Conn's Inc CONNQ
16 GF Score
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What is Conn's Change In Receivables?

Conn's CONNQ 16 Change In Receivables is $-160 Mil as of Jan. 2024. GuruFocus rates CONNQ with a GF Score™ of 16/100.

Conn's's change in receivables for the quarter that ended in Jan. 2024 was $-64 Mil. It means Conn's's Accounts Receivable increased by $64 Mil from Oct. 2023 to Jan. 2024 .

Conn's's change in receivables for the fiscal year that ended in Jan. 2024 was $-160 Mil. It means Conn's's Accounts Receivable increased by $160 Mil from Jan. 2023 to Jan. 2024 .

Conn's's Accounts Receivable for the quarter that ended in Jan. 2024 was $419 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. Conn's's Days Sales Outstanding for the three months ended in Jan. 2024 was 104.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Conn's's liquidation value for the three months ended in Jan. 2024 was $-1,509 Mil.


Conn's  (OTCPK:CONNQ) 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.

Conn's's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=419.005/366.077*91
=104.44

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

Conn's's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=18.703-2008.79+0.75 * 419.005+0.5 * 333.962
=-1,509

* 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.


Conn's Change In Receivables Related Terms


Conn's Change In Receivables Historical Data

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The historical data trend for Conn's'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.

Conn's Change In Receivables Chart

Conn's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -272.34 70.47 -64.36 -85.19 -159.86

Conn's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -45.87 -8.24 -61.40 -26.04 -64.18
CONNQ
16GF Score
Conn's Inc CONNQ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Conn's 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-160 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 $-160 Mil mean?
Conn's (CONNQ) has a Change In Receivables of $-160 Mil as of Jan. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Conn's and its competitors.
Is Conn's' Change In Receivables too high?
Conn's' current Change In Receivables is $-160 Mil. Overall, Conn's has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Conn's' Change In Receivables compare to ZKGCF and ORLY?
Conn's' Change In Receivables of $-160 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical 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 Conn's and its competitors. Conn's's current Change In Receivables is $-160 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conn's stock overvalued right now?
Conn's (CONNQ) has a current Change In Receivables of $-160 Mil. The current Change In Receivables is $-160 Mil. Conn's' overall GF Score™ is 16/100. 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 Conn's (CONNQ), the current Change In Receivables is $-160 Mil as of Jan. 2024. 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.

Conn's Business Description

Address 2445 Technology Forest Boulevard, Suite 800, The Woodlands, TX, USA, 77381
Conn's Inc is a us-based specialty retailer selling durable consumer goods and related services. The company operates through two segments: retail and credit. The retail segment sells furniture, home appliances, electronics, and more. The credit segment provides credit solutions for credit-constrained consumers. They focus on the us market and offer competitive prices, affordable payment options, and fast delivery and installation. Conn's Inc primarily focuses on the us market and generates its revenue from the retail segment. They offer customers the opportunity to compare prices across brands with confidence, along with affordable monthly payment options, fast delivery and installation in the majority of their markets, and product repair services.
16GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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