United States Steel (LTS:0LJ9) Change In Receivables : $103 Mil (TTM As of Dec. 2023)

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What is United States Steel Change In Receivables?

United States Steel's change in receivables for the quarter that ended in Dec. 2023 was $4 Mil. It means United States Steel's Accounts Receivable declined by $4 Mil from Sep. 2023 to Dec. 2023 .

United States Steel's change in receivables for the fiscal year that ended in Dec. 2023 was $103 Mil. It means United States Steel's Accounts Receivable declined by $103 Mil from Dec. 2022 to Dec. 2023 .

United States Steel's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,390 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. United States Steel's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. United States Steel's liquidation value for the three months ended in Dec. 2023 was $-4,257 Mil.

United States Steel Change In Receivables Historical Data

The historical data trend for United States Steel'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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United States Steel Change In Receivables Chart

United States Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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453.00

98.00

-955.00

370.00

103.00

United States Steel 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															406.00	-178.00	-54.00	331.00	4.00

United States Steel 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $103 Mil.

United States Steel (LTS:0LJ9) 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.

United States Steel's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1390	/	4144	*	91
=	30.61

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

United States Steel's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2948	-	9311	+	0.75 * 1390	+	0.5 * 2128
=	-4,257

United States Steel Change In Receivables Related Terms

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United States Steel (LTS:0LJ9) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » United States Steel Corp (LTS:0LJ9) » Definitions » Change In Receivables

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Traded in Other Exchanges

X:USA X:Mexico 1USX1:Italy USX1:Germany X:Chile USSX34:Brazil X:Argentina

Address

600 Grant Street, Pittsburgh, PA, USA, 15219-2800

Website

https://www.ussteel.com

United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.

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