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The Cato (FRA:CO2A) Change In Receivables : €-0.6 Mil (TTM As of Jan. 2024)


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What is The Cato Change In Receivables?

The Cato's change in receivables for the quarter that ended in Jan. 2024 was €1.1 Mil. It means The Cato's Accounts Receivable declined by €1.1 Mil from Oct. 2023 to Jan. 2024 .

The Cato's change in receivables for the fiscal year that ended in Jan. 2024 was €-0.6 Mil. It means The Cato's Accounts Receivable increased by €0.6 Mil from Jan. 2023 to Jan. 2024 .

The Cato's Accounts Receivable for the quarter that ended in Jan. 2024 was €10.7 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. The Cato's Days Sales Outstanding for the three months ended in Jan. 2024 was 6.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Cato's liquidation value for the three months ended in Jan. 2024 was €-122.6 Mil.

The Cato Change In Receivables Historical Data

The historical data trend for The Cato'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.

The Cato Change In Receivables Chart

The Cato 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 1.37 -22.11 -3.09 26.94 -0.56

The Cato 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 -0.82 -1.64 1.02 -1.09 1.11

The Cato 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 €-0.6 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.

The Cato  (FRA:CO2A) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=10.662/160.542*91
=6.06

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

The Cato'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)
=94.51-270.347+0.75 * 10.662+0.5 * 90.518
=-122.6

* 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.

The Cato Change In Receivables Related Terms

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The Cato (FRA:CO2A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Cato Corp (FRA:CO2A) » Definitions » Change In Receivables
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Traded in Other Exchanges
CATO:USA
Address
8100 Denmark Road, Charlotte, NC, USA, 28273-5975
Website
https://www.catofashions.com
The Cato Corp operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. Its primary objective is to be the fashion specialty retailer for fashion and value in its markets. The company operates through the following business segments: Retail and Credit. The Retail segment which generates majority revenue offers fashion specialty stores. The Credit segment involves credit card services.

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