PC Connection (PC Connection) Change In Receivables : $92 Mil (TTM As of Mar. 2024)

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What is PC Connection Change In Receivables?

PC Connection's change in receivables for the quarter that ended in Mar. 2024 was $79 Mil. It means PC Connection's Accounts Receivable declined by $79 Mil from Dec. 2023 to Mar. 2024 .

PC Connection's change in receivables for the fiscal year that ended in Dec. 2023 was $2 Mil. It means PC Connection's Accounts Receivable declined by $2 Mil from Dec. 2022 to Dec. 2023 .

PC Connection's Accounts Receivable for the quarter that ended in Mar. 2024 was $527 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. PC Connection's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.12.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PC Connection's liquidation value for the three months ended in Mar. 2024 was $501 Mil.

PC Connection Change In Receivables Historical Data

The historical data trend for PC Connection'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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PC Connection Change In Receivables Chart

PC Connection Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-101.95

-63.65

-1.32

-6.00

1.60

PC Connection 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															-11.47	27.84	4.50	-19.27	79.31

PC Connection 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 $92 Mil.

PC Connection (NAS:CNXN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	527.259	/	632.025	*	91
=	76.12

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

PC Connection'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)
=	351.953	-	308.393	+	0.75 * 527.259	+	0.5 * 123.9
=	501

PC Connection Change In Receivables Related Terms

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PC Connection (PC Connection) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » PC Connection Inc (NAS:CNXN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PCC:Germany

Address

730 Milford Road, Merrimack, NH, USA, 03054-4631

Website

https://www.connection.com

PC Connection Inc is a provider of information technology solutions. It provides products such as computer systems, software and peripheral equipment, networking communications, and other products and accessories that company purchase from manufacturers and distributors. The company also offers services involving design, configuration, and implementation of IT solutions. It conducts business operations through three business segments namely Business Solutions, Enterprise Solutions, and Public Sector Solutions. The company generates maximum revenue Enterprise Solutions segment.

Executives

Thomas C Baker	officer: Sr. VP, CFO & Treasurer	730 MILFORD ROAD, MERRIMACK NH 03054
Negrini David Beffa	director, officer: VP, Corporate Communications	PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Timothy J Mcgrath	officer: President & CEO	PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Jack L Ferguson	officer: Treasurer & Interim CFO	PC CONNECTION, INC., 730 MILFORD ROAD, MERRIMACK NH 03054
Barbara Duckett	director	730 MILFORD ROAD, MERRIMACK NH 03054
Patricia Gallup	director, 10 percent owner, officer: Chairman & Chief Admin Officer	730 MILFORD ROAD, MERRIMACK NH 03054
Pc Connection Inc	10 percent owner	ROUTE 101A, 730 MILFORD RD, MERRIMACK NH 03054
Comack Trust	10 percent owner	450 MARLBORO STREET, KEENE NH 03431
Jay E Bothwick	director	C/O PC CONENCTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Gary Kinyon	director	730 MILFORD ROAD, MERRIMACK NH 03054
Estate Of David Mclellan Hall	10 percent owner	C/O PC CONNECTION, 730 MILFORD ROAD, MERRIMACK NH 03054
Joseph A Baute	director	730 MILFORD ROAD, MERRIMACK NH 03054
Stephen P Sarno	officer: Sr. VP, Treasurer & CFO	C/O SAPIENT CORPORATION, 25 FIRST STREET, CAMBRIDGE MA 02141
David Hall	director, 10 percent owner, officer: Vice Chairman	730 MILFORD ROAD, MERRIMACK NH 03054
Glynn W Schulze	officer: Interim CFO and VP	C/O PC CONNECTION, INC., 730 MILFORD ROAD, MERRIMACK NH 03054