Canadian National Railway Co (TSX:CNR) Change In Receivables : C$79 Mil (TTM As of Mar. 2024)

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What is Canadian National Railway Co Change In Receivables?

Canadian National Railway Co's change in receivables for the quarter that ended in Mar. 2024 was C$-13 Mil. It means Canadian National Railway Co's Accounts Receivable increased by C$13 Mil from Dec. 2023 to Mar. 2024 .

Canadian National Railway Co's change in receivables for the fiscal year that ended in Dec. 2023 was C$71 Mil. It means Canadian National Railway Co's Accounts Receivable declined by C$71 Mil from Dec. 2022 to Dec. 2023 .

Canadian National Railway Co's Accounts Receivable for the quarter that ended in Mar. 2024 was C$1,313 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. Canadian National Railway Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Canadian National Railway Co's liquidation value for the three months ended in Mar. 2024 was C$-31,882 Mil.

Canadian National Railway Co Change In Receivables Historical Data

The historical data trend for Canadian National Railway Co'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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Canadian National Railway Co Change In Receivables Chart

Canadian National Railway Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-7.00

158.00

-22.00

-290.00

71.00

Canadian National Railway Co 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															-21.00	165.00	-55.00	-18.00	-13.00

Canadian National Railway Co 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 C$79 Mil.

Canadian National Railway Co (TSX:CNR) 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.

Canadian National Railway Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1313	/	4249	*	91
=	28.20

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

Canadian National Railway Co'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)
=	412	-	33670	+	0.75 * 1313	+	0.5 * 783
=	-31,882

Canadian National Railway Co Change In Receivables Related Terms

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Canadian National Railway Co (TSX:CNR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CNI:USA CNI:Mexico CY2:Germany CNIC34:Brazil

Address

935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9

Website

https://www.cn.ca

Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2022, CN generated roughly CAD 17.1 billion in revenue by hauling intermodal containers (29% of consolidated revenue), petroleum and chemicals (19%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (5%), and coal (5%). Other items constitute the remaining revenue.