Carrier Global (XTER:4PN) Change In Receivables : €-100 Mil (TTM As of Mar. 2024)

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What is Carrier Global Change In Receivables?

Carrier Global's change in receivables for the quarter that ended in Mar. 2024 was €-219 Mil. It means Carrier Global's Accounts Receivable increased by €219 Mil from Dec. 2023 to Mar. 2024 .

Carrier Global's change in receivables for the fiscal year that ended in Dec. 2023 was €-50 Mil. It means Carrier Global's Accounts Receivable increased by €50 Mil from Dec. 2022 to Dec. 2023 .

Carrier Global's Accounts Receivable for the quarter that ended in Mar. 2024 was €2,904 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. Carrier Global's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Carrier Global's liquidation value for the three months ended in Mar. 2024 was €-21,739 Mil.

Carrier Global Change In Receivables Historical Data

The historical data trend for Carrier Global'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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Carrier Global Change In Receivables Chart

Carrier Global Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-95.40

32.88

-127.44

-185.02

-50.44

Carrier Global 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															-172.79	-240.90	70.28	289.77	-218.96

Carrier Global 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 €-100 Mil.

Carrier Global (XTER:4PN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2903.52	/	5687.44	*	91
=	46.58

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

Carrier Global'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)
=	1207.96	-	26591.68	+	0.75 * 2903.52	+	0.5 * 2933.88
=	-21,739

Carrier Global Change In Receivables Related Terms

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Carrier Global (XTER:4PN) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Carrier Global Corp (XTER:4PN) » Definitions » Change In Receivables

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CARR:USA CARR:Mexico C1RR34:Brazil CARG:Austria

Address

13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418

Website

https://www.corporate.carrier.com

Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also announced the pending acquisition of Germany-based Viessmann for approximately $13 billion.

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