Park Lawn (Park Lawn) Change In Receivables : $-13.2 Mil (TTM As of Mar. 2024)

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What is Park Lawn Change In Receivables?

Park Lawn's change in receivables for the quarter that ended in Mar. 2024 was $1.3 Mil. It means Park Lawn's Accounts Receivable declined by $1.3 Mil from Dec. 2023 to Mar. 2024 .

Park Lawn's change in receivables for the fiscal year that ended in Dec. 2023 was $-9.8 Mil. It means Park Lawn's Accounts Receivable increased by $9.8 Mil from Dec. 2022 to Dec. 2023 .

Park Lawn's Accounts Receivable for the quarter that ended in Mar. 2024 was $26.1 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. Park Lawn's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Park Lawn's liquidation value for the three months ended in Mar. 2024 was $-688.4 Mil.

Park Lawn Change In Receivables Historical Data

The historical data trend for Park Lawn'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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Park Lawn Change In Receivables Chart

Park Lawn Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.16

2.81

-5.37

-2.08

-9.83

Park Lawn 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															4.65	-3.62	1.52	-12.38	1.27

Park Lawn 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 $-13.2 Mil.

Park Lawn (OTCPK:PRRWF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	26.12	/	74.647	*	91
=	31.93

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

Park Lawn'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)
=	17.698	-	730.87	+	0.75 * 26.12	+	0.5 * 10.371
=	-688.4

Park Lawn Change In Receivables Related Terms

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Park Lawn (Park Lawn) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Park Lawn Corp (OTCPK:PRRWF) » Definitions » Change In Receivables

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Traded in Other Exchanges

PL2:Germany PLC:Canada

Address

2 St. Clair Avenue West, Suite 705, Toronto, ON, CAN, M4T 2T5

Website

https://www.parklawncorp.com

Park Lawn Corp provides goods and services associated with the disposition and memorialization of remains in Canada and the United States. It owns and operates cemeteries, crematoriums, and funeral homes, and funeral services business. The entity generates revenue from the sale of cemetery property interment rights, cemetery services and merchandise sales, and funeral services and merchandise sales. It operates in the United States and Canada, of which key revenue is generated from the United States.