AutoZone's change in receivables for the quarter that ended in Feb. 2024 was $12 Mil. It means AutoZone's Accounts Receivable
declined by $12 Mil
from Nov. 2023 to Feb. 2024 .
AutoZone's change in receivables for the fiscal year that ended in Aug. 2023 was $-7 Mil. It means AutoZone's Accounts Receivable
increased by $7 Mil
from Aug. 2022 to Aug. 2023 .
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.
AutoZone's Days Sales Outstanding for the
three
months ended in Feb. 2024 was 11.85.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AutoZone's liquidation value for the
three
months ended in Feb. 2024 was $-17,890 Mil.
AutoZone Change In Receivables Historical Data
The historical data trend for AutoZone'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.
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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11 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.
AutoZone (NYSE:AZO) 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.
AutoZone's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:
* 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.
AutoZone Change In Receivables Related Terms
Thank you for viewing the detailed overview of AutoZone's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
AutoZone is the premier seller of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in the United States. The company derives an increasing proportion of its sales from domestic commercial customers, although its presence in its home market is still dominated by its do-it-yourself operation, which accounts for around 70% of sales in country. AutoZone also has a growing presence in Mexico and Brazil. AutoZone had 7,140 stores in the U.S. (6,300), Mexico (740), and Brazil (100) as of the end of fiscal 2023.
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