CURO Group Holdings (FRA:CGE) Change In Receivables : €-120.8 Mil (TTM As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is CURO Group Holdings Change In Receivables?

CURO Group Holdings's change in receivables for the quarter that ended in Sep. 2023 was €-4.4 Mil. It means CURO Group Holdings's Accounts Receivable increased by €4.4 Mil from Jun. 2023 to Sep. 2023 .

CURO Group Holdings's change in receivables for the fiscal year that ended in Dec. 2022 was €-18.3 Mil. It means CURO Group Holdings's Accounts Receivable increased by €18.3 Mil from Dec. 2021 to Dec. 2022 .

CURO Group Holdings's Accounts Receivable for the quarter that ended in Sep. 2023 was €0.0 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. CURO Group Holdings's Days Sales Outstanding for the three months ended in Sep. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CURO Group Holdings's liquidation value for the three months ended in Sep. 2023 was €-1,960.6 Mil.

CURO Group Holdings Change In Receivables Historical Data

The historical data trend for CURO Group Holdings'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.

CURO Group Holdings Change In Receivables Chart

CURO Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-2.74

2.56

11.13

-18.28

CURO Group Holdings 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															-84.67	-33.25	1.48	-4.37	-

CURO Group Holdings 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-120.8 Mil.

CURO Group Holdings (FRA:CGE) 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.

CURO Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	93.596	*	91
=	0.00

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

CURO Group Holdings's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	77.349	-	2037.95	+	0.75 * 0	+	0.5 * 0
=	-1,960.6

CURO Group Holdings Change In Receivables Related Terms

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

CURO Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » CURO Group Holdings Corp (FRA:CGE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 W Hubbard Street, 8th Floor, Chicago, IL, USA, 60654

Website

https://www.curo.com

CURO Group Holdings Corp is a consumer finance company serving a full spectrum of non-prime, near-prime and prime consumers in portions of the U.S. and Canada. It offers a broad range of consumer finance products including unsecured installment loans, secured installment loans, open-end loans, and single-pay loans. The company also provides ancillary financial products including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance in the Canadian market, gold buying, retail installment sales, and money transfer services. The firm operates under three segments: US, Canada Direct Lending, and Canada POS Lending.

CURO Group Holdings Headlines

No Headlines