Credit Acceptance (FRA:2D5) Change In Receivables : €-0 Mil (TTM As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Credit Acceptance Change In Receivables?

Credit Acceptance's change in receivables for the quarter that ended in Mar. 2024 was €-6 Mil. It means Credit Acceptance's Accounts Receivable increased by €6 Mil from Dec. 2023 to Mar. 2024 .

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

Credit Acceptance's Accounts Receivable for the quarter that ended in Mar. 2024 was €0 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. Credit Acceptance's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Credit Acceptance's liquidation value for the three months ended in Mar. 2024 was €-5,921 Mil.

Credit Acceptance Change In Receivables Historical Data

The historical data trend for Credit Acceptance'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.

Credit Acceptance Change In Receivables Chart

Credit Acceptance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-52.47

-66.42

33.45

94.87

4.04

Credit Acceptance 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															-2.15	-2.49	-0.47	9.08	-6.26

Credit Acceptance 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 €-0 Mil.

Credit Acceptance (FRA:2D5) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	461.564	*	91
=	0.00

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

Credit Acceptance'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)
=	7.728	-	5929.216	+	0.75 * 0	+	0.5 * 0
=	-5,921

Credit Acceptance Change In Receivables Related Terms

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

Credit Acceptance (FRA:2D5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Credit Acceptance Corp (FRA:2D5) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CACC:USA

Address

25505 W. Twelve Mile Road, Southfield, MI, USA, 48034-8339

Website

https://www.creditacceptance.com

Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far the largest source of revenue.

Credit Acceptance (FRA:2D5) Headlines

No Headlines