Hertz Global Holdings (MEX:HTZ1) Change In Receivables : MXN870 Mil (TTM As of Dec. 2024)

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What is Hertz Global Holdings Change In Receivables?

Hertz Global Holdings's change in receivables for the quarter that ended in Dec. 2024 was MXN1,418 Mil. It means Hertz Global Holdings's Accounts Receivable declined by MXN1,418 Mil from Sep. 2024 to Dec. 2024 .

Hertz Global Holdings's change in receivables for the fiscal year that ended in Dec. 2024 was MXN480 Mil. It means Hertz Global Holdings's Accounts Receivable declined by MXN480 Mil from Dec. 2023 to Dec. 2024 .

Hertz Global Holdings's Accounts Receivable for the quarter that ended in Dec. 2024 was MXN25,131 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. Hertz Global Holdings's Days Sales Outstanding for the three months ended in Dec. 2024 was 53.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hertz Global Holdings's liquidation value for the three months ended in Dec. 2024 was MXN-420,310 Mil.

Hertz Global Holdings Change In Receivables Historical Data

The historical data trend for Hertz Global 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.

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Hertz Global Holdings Change In Receivables Chart

Hertz Global Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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3,878.94

-4,307.94

-5,146.94

-3,666.44

479.68

Hertz Global Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															2,834.70	-597.47	-3,022.82	3,071.69	1,418.19

Hertz Global 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN870 Mil.

Hertz Global Holdings (MEX:HTZ1) 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.

Hertz Global Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	25131.118	/	42545.628	*	91
=	53.90

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

Hertz Global Holdings's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12346.574	-	451505.049	+	0.75 * 25131.118	+	0.5 * 0
=	-420,310

Hertz Global Holdings Change In Receivables Related Terms

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Hertz Global Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Hertz Global Holdings Inc (MEX:HTZ1) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

HTZWW:USA HTZ:USA AZK0:Germany AZK0:Germany

Address

8501 Williams Road, 3rd Floor, Estero, FL, USA, 33928

Website

https://www.hertz.com

Hertz Global Holdings Inc is engaged principally in the business of renting vehicles through Hertz, Dollar and Thrifty brands. The Company has identified two reportable segments: Americas RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in the U.S., Canada, Latin America and the Caribbean; International RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean. The Company maintain a substantial network of company-operated rental locations, a majority of which are in Europe, and have franchisees and partners that operate rental locations under brands. Geographical markets includes U.S., Europe, Pacific Asia, Middle East and Africa, Latin America.

Hertz Global Holdings Headlines

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