SCOO (School Specialty) Change In Receivables: $16.2 Mil (TTM As of Dec. 2019)

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SCOO School Specialty Inc SCOO
12 GF Score
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What is School Specialty Change In Receivables?

School Specialty SCOO 12 Change In Receivables is $16.2 Mil as of Dec. 2019. GuruFocus rates SCOO with a GF Score™ of 12/100.

School Specialty's change in receivables for the quarter that ended in Dec. 2019 was $100.4 Mil. It means School Specialty's Accounts Receivable declined by $100.4 Mil from Sep. 2019 to Dec. 2019 .

School Specialty's change in receivables for the fiscal year that ended in Dec. 2019 was $16.2 Mil. It means School Specialty's Accounts Receivable declined by $16.2 Mil from Dec. 2018 to Dec. 2019 .

School Specialty's Accounts Receivable for the quarter that ended in Dec. 2019 was $61.7 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. School Specialty's Days Sales Outstanding for the three months ended in Dec. 2019 was 61.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. School Specialty's liquidation value for the three months ended in Dec. 2019 was $-131.9 Mil.

School Specialty  (OTCPK:SCOO) 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.

School Specialty's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=61.718/91.02*91
=61.87

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

School Specialty's liquidation value for the quarter that ended in Dec. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.077-215.958+0.75 * 61.718+0.5 * 71.424
=-131.9

* 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.

School Specialty Change In Receivables Related Terms

School Specialty Change In Receivables Historical Data

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The historical data trend for School Specialty'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.

School Specialty Change In Receivables Chart

School Specialty Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18 Dec19
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.44 -3.43 -3.14 -8.57 16.22

School Specialty Quarterly Data
Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 97.17 15.34 -24.74 -74.82 100.45
SCOO
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School Specialty Inc SCOO
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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School Specialty 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.2 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 $16.2 Mil mean?
School Specialty (SCOO) has a Change In Receivables of $16.2 Mil as of Dec. 2019. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for School Specialty and its competitors.
Is School Specialty's Change In Receivables too high?
School Specialty's current Change In Receivables is $16.2 Mil. Overall, School Specialty has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does School Specialty's Change In Receivables compare to PIRRQ and JADG?
School Specialty's Change In Receivables of $16.2 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical 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 School Specialty and its competitors. School Specialty's current Change In Receivables is $16.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is School Specialty stock overvalued right now?
School Specialty (SCOO) has a current Change In Receivables of $16.2 Mil. The current Change In Receivables is $16.2 Mil. School Specialty's overall GF Score™ is 12/100. 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 School Specialty (SCOO), the current Change In Receivables is $16.2 Mil as of Dec. 2019. 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.

School Specialty Business Description

Address W6316 Design Drive, Greenville, WI, USA, 54942
School Specialty Inc is a distributor of supplies, furniture, technology products, supplemental learning products, and curriculum solutions, primarily to the education marketplace. Its operating business segments are Distribution and Curriculum. The company generates maximum revenue from the Distribution Segment. Its Distribution segment offers products primarily to the PreK-12 education market that include basic classroom supplies and office products, instructional materials, indoor and outdoor furniture and equipment, physical education equipment, classroom technology, and planning and organizational products.
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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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