Cazoo Group (Cazoo Group) Change In Receivables : $84 Mil (TTM As of Jun. 2023)

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What is Cazoo Group Change In Receivables?

Cazoo Group's change in receivables for the quarter that ended in Jun. 2023 was $34 Mil. It means Cazoo Group's Accounts Receivable declined by $34 Mil from Dec. 2022 to Jun. 2023 .

Cazoo Group's change in receivables for the fiscal year that ended in Dec. 2022 was $24 Mil. It means Cazoo Group's Accounts Receivable declined by $24 Mil from Dec. 2021 to Dec. 2022 .

Cazoo Group's Accounts Receivable for the quarter that ended in Jun. 2023 was $39 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. Cazoo Group's Days Sales Outstanding for the six months ended in Jun. 2023 was 13.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cazoo Group's liquidation value for the six months ended in Jun. 2023 was $-408 Mil.

Cazoo Group Change In Receivables Historical Data

The historical data trend for Cazoo 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.

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Cazoo Group Change In Receivables Chart

Cazoo Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Change In Receivables

-15.93

-6.44

-30.84

24.11

Cazoo Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Receivables	Get a 7-Day Free Trial			11.93	-42.15	-25.85	49.68	34.07

Cazoo 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $84 Mil.

Cazoo Group (OTCPK:CZOOF) 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.

Cazoo Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	39.229	/	528.487	*	91
=	13.55

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

Cazoo Group's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	245.679	-	765.5	+	0.75 * 39.229	+	0.5 * 164.292
=	-408

Cazoo Group Change In Receivables Related Terms

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Cazoo Group (Cazoo Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cazoo Group Ltd (OTCPK:CZOOF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

41 Chalton Street, London, GBR, NW1 1JD

Website

https://www.cazoo.co.uk

Cazoo Group Ltd transforms the car buying experience for consumers across the UK and Europe. It aims to make buying a car an easy experience, where consumers can simply and seamlessly purchase, finance, or subscribe to a car entirely online for either delivery or collection in less time.