Carvana Co (LTS:0A79) Change In Receivables : $-18 Mil (TTM As of Mar. 2024)

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What is Carvana Co Change In Receivables?

Carvana Co's change in receivables for the quarter that ended in Mar. 2024 was $-87 Mil. It means Carvana Co's Accounts Receivable increased by $87 Mil from Dec. 2023 to Mar. 2024 .

Carvana Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-22 Mil. It means Carvana Co's Accounts Receivable increased by $22 Mil from Dec. 2022 to Dec. 2023 .

Carvana Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $351 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. Carvana Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Carvana Co's liquidation value for the three months ended in Mar. 2024 was $-6,198 Mil.

Carvana Co Change In Receivables Historical Data

The historical data trend for Carvana Co'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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Carvana Co Change In Receivables Chart

Carvana Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-10.00

-43.00

-148.00

145.00

-22.00

Carvana Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-91.00	5.00	13.00	51.00	-87.00

Carvana Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-18 Mil.

Carvana Co (LTS:0A79) 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.

Carvana Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	351	/	3061	*	91
=	10.46

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

Carvana Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	252	-	7294	+	0.75 * 351	+	0.5 * 1162
=	-6,198

Carvana Co Change In Receivables Related Terms

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Carvana Co (LTS:0A79) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Carvana Co (LTS:0A79) » Definitions » Change In Receivables

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Address

300 E. Rio Salado Parkway, Tempe, AZ, USA, 85281

Website

https://www.carvana.com

Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.

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