TFI International (TSX:TFII) Change In Receivables : C$149 Mil (TTM As of Mar. 2024)

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What is TFI International Change In Receivables?

TFI International's change in receivables for the quarter that ended in Mar. 2024 was C$-27 Mil. It means TFI International's Accounts Receivable increased by C$27 Mil from Dec. 2023 to Mar. 2024 .

TFI International's change in receivables for the fiscal year that ended in Dec. 2023 was C$301 Mil. It means TFI International's Accounts Receivable declined by C$301 Mil from Dec. 2022 to Dec. 2023 .

TFI International's Accounts Receivable for the quarter that ended in Mar. 2024 was C$1,246 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. TFI International's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TFI International's liquidation value for the three months ended in Mar. 2024 was C$-3,667 Mil.

TFI International Change In Receivables Historical Data

The historical data trend for TFI International'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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TFI International Change In Receivables Chart

TFI International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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77.39

-21.01

-130.13

-80.29

300.68

TFI International 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															125.91	81.39	-37.35	132.07	-27.38

TFI International 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$149 Mil.

TFI International (TSX:TFII) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1245.862	/	2532.335	*	91
=	44.89

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

TFI International'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)
=	1221.451	-	5838.656	+	0.75 * 1245.862	+	0.5 * 31.015
=	-3,667

TFI International Change In Receivables Related Terms

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TFI International (TSX:TFII) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » TFI International Inc (TSX:TFII) » Definitions » Change In Receivables

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Traded in Other Exchanges

TFII:USA

Address

8801 Trans-Canada Highway, Suite 500, Saint-Laurent, Montreal, QC, CAN, H4S 1Z6

Website

https://www.tfiintl.com

TFI International Inc is a transportation and logistics company domiciled in Canada. The company organises itself into four segments: package and courier, less-than-truckload, truckload, and logistics. The package and courier segment picks up, transports, and delivers items across North America. The less-than-truckload segment transports smaller loads. The truckload segment transports goods by flatbed trucks, containers, or a more specialised service. The company provides general logistics services through the logistics segment. TFI International derives the majority of revenue domestically, followed by the United States.

Executives

David Joseph Saperstein

Senior Officer