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Conduent (Conduent) Change In Receivables : $-68 Mil (TTM As of Mar. 2024)


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What is Conduent Change In Receivables?

Conduent's change in receivables for the quarter that ended in Mar. 2024 was $-52 Mil. It means Conduent's Accounts Receivable increased by $52 Mil from Dec. 2023 to Mar. 2024 .

Conduent's change in receivables for the fiscal year that ended in Dec. 2023 was $26 Mil. It means Conduent's Accounts Receivable declined by $26 Mil from Dec. 2022 to Dec. 2023 .

Conduent's Accounts Receivable for the quarter that ended in Mar. 2024 was $600 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. Conduent's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.45.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Conduent's liquidation value for the three months ended in Mar. 2024 was $-1,488 Mil.


Conduent Change In Receivables Historical Data

The historical data trend for Conduent'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.

Conduent Change In Receivables Chart

Conduent Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.00 -14.00 -45.00 54.00 26.00

Conduent 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 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 42.00 8.00 -31.00 7.00 -52.00

Conduent 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 $-68 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.


Conduent  (NAS:CNDT) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=600/921*91
=59.45

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

Conduent'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)
=415-2353+0.75 * 600+0.5 * 0
=-1,488

* 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.


Conduent Change In Receivables Related Terms

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Conduent (Conduent) Business Description

Traded in Other Exchanges
Address
100 Campus Drive, Suite 200, Florham Park, NJ, USA, 07932
Conduent Inc acts as a provider of business process services with expertise in transaction-intensive processing, analytics, and automation. The company provides industry-focused service offerings in growth markets such as Healthcare and Transportation as well as provides multi-industry services such as transaction processing, customer care, and payment services. It operates through three segments namely Commercial Industries which is the key revenue-driving segment, Government Services, and Transportation. The group operates its business in the United States, Europe, and Other areas of which the majority of its revenue is generated in the United States.
Executives
Clifford Skelton officer: Pres.& Chief Operating Officer 100 CAMPUS DRIVE, SUITE 200, FLORHAM PARK NJ 07932
Stephen Henry Wood officer: VP, Corporate Controller 100 CAMPUS DRIVE, SUITE 200E, FLORHAM PARK NJ 07932
Randall Edmon King officer: EVP, Commercial Solutions 100 CAMPUS DRIVE, SUITE 200, FLORHAM PARK NJ 07932
Mark E King officer: EVP, Government Solutions 100 CAMPUS DRIVE, SUITE 200, FLORHAM PARK NJ 07932
Louis Edward Keyes officer: Executive Vice President & CRO 100 CAMPUS DRIVE, SUITE 200E, FLORHAM PARK NJ 07932
Michael E Krawitz officer: EVP, GC & Secretary 1690 S CONGRESS AVE, STE 201, DELRAY BEACH FL 33445
Mark Simon Brewer officer: EVP & President -Public Sector 100 CAMPUS DRIVE, SUITE 200, FLORHAM PARK NJ 07932
Mark Prout officer: EVP, Chief Information Officer 100 CAMPUS DRIVE, SUITE 200E, FLORHAM PARK NJ 07932
A. Scott Letier director 5956 SHERRY LN, SUITE 800, DALLAS TX 75225
Steven D Miller director 16690 COLLINS AVENUE, PH, SUNNY ISLE BEACH FL 33160
Hunter Clark Gary director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Michael Montelongo director 203 EAST MAIN STREET, SPARTANBURG SC 29319
Hernandez Margarita Palau director 300 N. SAN RAFAEL AVE., PASADENA CA 91105
Higgins Victor Kathy J director 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160