Citrix Systems (LTS:0HYR) Change In Receivables: $-57.45 Mil (TTM As of Jun. 2022)

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What is Citrix Systems Change In Receivables?

Citrix Systems LTS:0HYR 4 Change In Receivables is $-57.45 Mil as of Jun. 2022. GuruFocus rates LTS:0HYR with a GF Score™ of 4/100. The stock has 6 warning signs investors should review.

Citrix Systems's change in receivables for the quarter that ended in Jun. 2022 was $-99.97 Mil. It means Citrix Systems's Accounts Receivable increased by $99.97 Mil from Mar. 2022 to Jun. 2022 .

Citrix Systems's change in receivables for the fiscal year that ended in Dec. 2021 was $-24.18 Mil. It means Citrix Systems's Accounts Receivable increased by $24.18 Mil from Dec. 2020 to Dec. 2021 .

Citrix Systems's Accounts Receivable for the quarter that ended in Jun. 2022 was $696.84 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. Citrix Systems's Days Sales Outstanding for the three months ended in Jun. 2022 was 73.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Citrix Systems's liquidation value for the three months ended in Jun. 2022 was $-4,778.86 Mil.

Citrix Systems  (LTS:0HYR) 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.

Citrix Systems's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=696.836/859.522*91
=73.98

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

Citrix Systems's liquidation value for the quarter that ended in Jun. 2022 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=872.799-6186.743+0.75 * 696.836+0.5 * 24.911
=-4,778.86

* 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.

Citrix Systems Change In Receivables Related Terms

Citrix Systems Change In Receivables Historical Data

* Premium members only.

The historical data trend for Citrix Systems'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.

Citrix Systems Change In Receivables Chart

Citrix Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -33.90 18.70 -38.99 -151.83 -24.18

Citrix Systems Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -94.94 132.09 -364.15 274.59 -99.97

Citrix Systems 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-57.45 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 $-57.45 Mil mean?
Citrix Systems (LTS:0HYR) has a Change In Receivables of $-57.45 Mil as of Jun. 2022. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Citrix Systems and its competitors.
Is Citrix Systems' Change In Receivables too high?
Citrix Systems' current Change In Receivables is $-57.45 Mil. Overall, Citrix Systems has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Citrix Systems' Change In Receivables compare to SSNC and BILL?
Citrix Systems' Change In Receivables of $-57.45 Mil can be compared against companies in the Software 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 Software company?
A good Change In Receivables depends on the Software 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 Citrix Systems and its competitors. Citrix Systems's current Change In Receivables is $-57.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citrix Systems stock overvalued right now?
Citrix Systems (LTS:0HYR) has a current Change In Receivables of $-57.45 Mil. The current Change In Receivables is $-57.45 Mil. Citrix Systems' overall GF Score™ is 4/100 with 6 warning signs to review. 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 Citrix Systems (LTS:0HYR), the current Change In Receivables is $-57.45 Mil as of Jun. 2022. 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.

Citrix Systems Business Description

Address 851 West Cypress Creek Road, Fort Lauderdale, FL, USA, 33309
Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.