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PAL (Proficient Auto Logistics) Change In Receivables : $1.7 Mil (TTM As of Dec. 2024)


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What is Proficient Auto Logistics Change In Receivables?

Proficient Auto Logistics's change in receivables for the quarter that ended in Dec. 2024 was $0.0 Mil. It means Proficient Auto Logistics's Accounts Receivable stayed the same from Sep. 2024 to Dec. 2024 .

Proficient Auto Logistics's change in receivables for the fiscal year that ended in Dec. 2024 was $0.0 Mil. It means Proficient Auto Logistics's Accounts Receivable stayed the same from Dec. 2023 to Dec. 2024 .

Proficient Auto Logistics's Accounts Receivable for the quarter that ended in Dec. 2024 was $37.4 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Proficient Auto Logistics's liquidation value for the three months ended in Dec. 2024 was $-126.0 Mil.


Proficient Auto Logistics Change In Receivables Historical Data

The historical data trend for Proficient Auto Logistics'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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Proficient Auto Logistics Change In Receivables Chart

Proficient Auto Logistics Annual Data
Trend Dec22 Dec23 Dec24
Change In Receivables
-8.32 -1.62 -

Proficient Auto Logistics Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Change In Receivables Get a 7-Day Free Trial 0.26 7.04 -10.20 4.64 -

Proficient Auto Logistics 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 $1.7 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.


Proficient Auto Logistics  (NAS:PAL) 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.

Proficient Auto Logistics's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=37.395/0*91
=

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

Proficient Auto Logistics'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)
=15.399-170.107+0.75 * 37.395+0.5 * 1.357
=-126.0

* 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.


Proficient Auto Logistics Change In Receivables Related Terms

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Proficient Auto Logistics Business Description

Traded in Other Exchanges
N/A
Address
12276 San Jose Boulevard, Suite 426, Jacksonville, FL, USA, 32223
Proficient Auto Logistics Inc is a non-union, specialized freight company focused on providing auto transportation and logistics services. The company operates auto transportation fleets in North America based upon information obtained from the Auto Haulers Association of America, utilizing auto transport vehicles and trailers daily, including Company-owned transport vehicles and trailers. The reportable revenue categories of the company are Truckload and Brokerage. The company derives maximum revenue from the brokerage segment that retains the customer relationship, including billing and collection, and outsources the transportation of the loads to third-party carriers.