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Civitas Solutions's change in receivables for the quarter that ended in Dec. 2018 was $6 Mil. It means Civitas Solutions's Accounts Receivable declined by $6 Mil from Sep. 2018 to Dec. 2018 .
Civitas Solutions's change in receivables for the fiscal year that ended in Sep. 2018 was $-32 Mil. It means Civitas Solutions's Accounts Receivable increased by $32 Mil from Sep. 2017 to Sep. 2018 .
Civitas Solutions's Accounts Receivable for the quarter that ended in Dec. 2018 was $173 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. Civitas Solutions's Days Sales Outstanding for the three months ended in Dec. 2018 was 38.91.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Civitas Solutions's liquidation value for the three months ended in Dec. 2018 was $-790 Mil.
The historical data trend for Civitas Solutions'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.
Civitas Solutions Annual Data | |||||||||||||||||
Trend | Sep11 | Sep12 | Sep13 | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | |||||||||
Change In Receivables | Get a 7-Day Free Trial | -16.82 | -21.07 | -25.16 | -35.08 | -32.31 |
Civitas Solutions Quarterly Data | ||||||||||||||||||||
Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | |
Change In Receivables | Get a 7-Day Free Trial | 2.10 | -19.96 | 3.90 | -18.36 | 6.00 |
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 Dec. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-28 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.
Civitas Solutions (NYSE:CIVI) 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.
Civitas Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 173.38 | / | 406.631 | * | 91 |
= | 38.91 |
2. In Ben Graham's calculation of liquidation value, Civitas Solutions's accounts receivable are only considered to be worth 75% of book value:
Civitas Solutions's liquidation value for the quarter that ended in Dec. 2018 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 6.805 | - | 926.657 | + | 0.75 * 173.38 | + | 0.5 * 0 |
= | -790 |
* 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 Civitas Solutions's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Daniel S Oconnell | 10 percent owner | C/O VESTAR CAPITAL PARTNERS, 245 PARK AVE 41ST FL, NEW YORK NY 10167 |
Vestar Managers V Ltd. | 10 percent owner | 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167 |
Vestar Associates V, L.p. | 10 percent owner | 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167 |
Greg Roth | director | ONE PARK PLAZA, NASHVILLE TN 37203 |
Pamela F Lenehan | director | C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876 |
Patrick M. Gray | director | C/O CIVITAS SOLUTIONS, INC. 313 CONGRESS STREET, 6TH FLOOR BOSTON MA 02210 |
Guy P Sansone | director | C/O MEDNAX, 1301 CONCORD TERRACE, SUNRISE FL 33323 |
Mary Ann Tocio | director | C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459 |
Vestar Capital Partners V L P | 10 percent owner | 245 PARK AVE 41ST FL, NEW YORK NY 10167 |
Robert L. Rosner | director | C/O TRITON INTERNATIONAL LIMITED, 100 MANHATTANVILLE ROAD, PURCHASE NY 10577 |
Edward M Murphy | director, officer: Executive Chair | C/O CIVITAS SOLUTIONS, INC. 313 CONGRESS STREET, 6TH FLOOR BOSTON MA 02210 |
Kevin A Mundt | director | C/O VESTAR CAPITAL PARTNERS, 245 PARK AVENUE, 41ST FL, NEW YORK NY 10167 |
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