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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.
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.
Conduent Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | 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 | 42.00 | 8.00 | -31.00 | 7.00 | -52.00 |
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.
Thank you for viewing the detailed overview of Conduent's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
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