Planet Fitness (STU:3PL) Change In Receivables : €-2 Mil (TTM As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Planet Fitness Change In Receivables?

Planet Fitness's change in receivables for the quarter that ended in Mar. 2024 was €17 Mil. It means Planet Fitness's Accounts Receivable declined by €17 Mil from Dec. 2023 to Mar. 2024 .

Planet Fitness's change in receivables for the fiscal year that ended in Dec. 2023 was €4 Mil. It means Planet Fitness's Accounts Receivable declined by €4 Mil from Dec. 2022 to Dec. 2023 .

Planet Fitness's Accounts Receivable for the quarter that ended in Mar. 2024 was €22 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. Planet Fitness's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Planet Fitness's liquidation value for the three months ended in Mar. 2024 was €-2,462 Mil.

Planet Fitness Change In Receivables Historical Data

The historical data trend for Planet Fitness'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.

* Premium members only.

Planet Fitness Change In Receivables Chart

Planet Fitness Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.81

19.41

-9.56

-18.10

4.37

Planet Fitness 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															23.93	-24.37	10.18	-4.88	16.64

Planet Fitness 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 €-2 Mil.

Planet Fitness (STU:3PL) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.93	/	228.176	*	91
=	8.77

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

Planet Fitness'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)
=	363.463	-	2844.648	+	0.75 * 21.93	+	0.5 * 4.562
=	-2,462

Planet Fitness Change In Receivables Related Terms

Thank you for viewing the detailed overview of Planet Fitness's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Planet Fitness (STU:3PL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Planet Fitness Inc (STU:3PL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PLNT:USA 3PL:Germany

Address

4 Liberty Lane West, Hampton, NH, USA, 03842

Website

https://www.planetfitness.com

Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.

Planet Fitness (STU:3PL) Headlines

No Headlines