Caesars Entertainment (Caesars Entertainment) Change In Receivables : $-75 Mil (TTM As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Caesars Entertainment Change In Receivables?

Caesars Entertainment's change in receivables for the quarter that ended in Mar. 2024 was $47 Mil. It means Caesars Entertainment's Accounts Receivable declined by $47 Mil from Dec. 2023 to Mar. 2024 .

Caesars Entertainment's change in receivables for the fiscal year that ended in Dec. 2023 was $-82 Mil. It means Caesars Entertainment's Accounts Receivable increased by $82 Mil from Dec. 2022 to Dec. 2023 .

Caesars Entertainment's Accounts Receivable for the quarter that ended in Mar. 2024 was $551 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. Caesars Entertainment's Days Sales Outstanding for the three months ended in Mar. 2024 was 18.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Caesars Entertainment's liquidation value for the three months ended in Mar. 2024 was $-27,310 Mil.

Caesars Entertainment Change In Receivables Historical Data

The historical data trend for Caesars Entertainment'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.

Caesars Entertainment Change In Receivables Chart

Caesars Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

5.00

-70.00

-135.00

-143.00

-82.00

Caesars Entertainment 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															40.00	-17.00	-40.00	-65.00	47.00

Caesars Entertainment 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 $-75 Mil.

Caesars Entertainment (NAS:CZR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	551	/	2742	*	91
=	18.34

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

Caesars Entertainment'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)
=	726	-	28471	+	0.75 * 551	+	0.5 * 44
=	-27,310

Caesars Entertainment Change In Receivables Related Terms

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

Caesars Entertainment (Caesars Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Caesars Entertainment Inc (NAS:CZR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

2ER:Germany 2ER:Germany

Address

100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501

Website

https://www.caesars.com

Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (58% of 2022 EBITDAR before corporate and digital expenses) and regional (59%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced material EBITDA losses in 2022. Caesars' U.S. presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the U.S. portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.

Executives

Michael E Pegram	director	PO BOX 285, BURLINGTON WA 98233
Stephanie Lepori	officer: CAO & Chief Admin. Officer	100 WEST LIBERTY STREET, SUITE 1150, RENO NV 89501
Thomas Reeg	director, officer: Chief Executive Officer	21 WATERWAY AVE, SUITE 150, THE WOODLANDS TX 77380
David P Tomick	director	100 REGENCY FOREST DR, SUITE 400, CARY NC 27511
Don R Kornstein	director	DON R KORNSTEIN, 825 LAKESHORE BLVD, INCLINE VILLAGE NV 89451
Fahrenkopf Frank J Jr	director	ONE CORPORATE CENTER, RYE NY 10580
Mather Courtney	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Sandra Douglass Morgan	director	601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Quatmann Edmund L Jr	officer: See Remarks	600 EMERSON ROAD, SUITE 300, ST. LOUIS MO 63141
Josh Jones	officer: Chief Marketing Officer	100 W. LIBERTY ST., 12TH FLOOR, RENO NV 89501
Anthony L. Carano	officer: President and COO	100 WEST LIBERTY STREET, RENO NV 89501
Gary L. Carano	director, officer: Exec. Chairman of the Board	100 WEST LIBERTY STREET, 11TH FLOOR, RENO NV 89501
Bonnie Biumi	director	RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Jones Blackhurst Janis L	director	ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
James B Hawkins	director	C/O IRADIMED CORPORATION, 1025 WILLA SPRINGS DR., WINTER SPRINGS FL 32708