Upbound Group (FRA:RAC) Change In Receivables : €-30 Mil (TTM As of Mar. 2024)

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What is Upbound Group Change In Receivables?

Upbound Group's change in receivables for the quarter that ended in Mar. 2024 was €-3 Mil. It means Upbound Group's Accounts Receivable increased by €3 Mil from Dec. 2023 to Mar. 2024 .

Upbound Group's change in receivables for the fiscal year that ended in Dec. 2023 was €-23 Mil. It means Upbound Group's Accounts Receivable increased by €23 Mil from Dec. 2022 to Dec. 2023 .

Upbound Group's Accounts Receivable for the quarter that ended in Mar. 2024 was €100 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. Upbound Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 9.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Upbound Group's liquidation value for the three months ended in Mar. 2024 was €-1,729 Mil.

Upbound Group Change In Receivables Historical Data

The historical data trend for Upbound Group'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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Upbound Group Change In Receivables Chart

Upbound Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-25.97

-16.99

-22.58

-9.58

-22.93

Upbound Group 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															3.95	-2.76	-10.94	-13.36	-2.71

Upbound Group 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 €-30 Mil.

Upbound Group (FRA:RAC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	99.74	/	1008.29	*	91
=	9.03

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

Upbound Group'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)
=	78.01	-	1884.794	+	0.75 * 99.74	+	0.5 * 5.431
=	-1,729

Upbound Group Change In Receivables Related Terms

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Upbound Group (FRA:RAC) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Upbound Group Inc (FRA:RAC) » Definitions » Change In Receivables

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UPBD:USA

Address

5501 Headquarters Drive, Plano, TX, USA, 75024

Website

https://www.upbound.com

Upbound Group Inc is an omnichannel platform company committed to elevating financial opportunity for all through inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. It has four operating segments; The Rent-A-Center Business segment operates lease-to-own stores, the Acima segment, offers the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer, and also offers the lease-to-own transaction through virtual offering solutions across e-commerce, digital, and mobile channels, Mexico segment offers lease-to-own stores in Mexico. The franchising segment offers the sale of rental merchandise to its franchisees. The company derives a majority of its revenue from the Acima segment.

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