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World Kinect's change in receivables for the quarter that ended in Mar. 2024 was $36 Mil. It means World Kinect's Accounts Receivable declined by $36 Mil from Dec. 2023 to Mar. 2024 .
World Kinect's change in receivables for the fiscal year that ended in Dec. 2023 was $569 Mil. It means World Kinect's Accounts Receivable declined by $569 Mil from Dec. 2022 to Dec. 2023 .
World Kinect's Accounts Receivable for the quarter that ended in Mar. 2024 was $2,679 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. World Kinect's Days Sales Outstanding for the three months ended in Mar. 2024 was 22.32.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. World Kinect's liquidation value for the three months ended in Mar. 2024 was $-2,558 Mil.
The historical data trend for World Kinect'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.
World Kinect Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -164.10 | 1,300.30 | -1,132.60 | -870.70 | 569.20 |
World Kinect 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 | 295.70 | 524.70 | -431.30 | 180.10 | 36.10 |
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 $310 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.
World Kinect (NYSE:WKC) 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.
World Kinect's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 2679 | / | 10951.4 | * | 91 |
= | 22.32 |
2. In Ben Graham's calculation of liquidation value, World Kinect's accounts receivable are only considered to be worth 75% of book value:
World Kinect'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) |
= | 321.3 | - | 5215.9 | + | 0.75 * 2679 | + | 0.5 * 654.6 |
= | -2,558 |
* 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 World Kinect's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Jill Smart | director | C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601 |
Ken Bakshi | director | 63 STONEBRIDGE ROAD, MONTCLAIR NJ 07042 |
Michael Crosby | officer: EVP, Global Land | 9800 N.W. 41ST STREET, MIAMI FL 33178 |
Jose-miguel Tejada | officer: SVP, Chief Accounting Officer | C/O WORLD FUEL SERVICES CORPORATION, 9800 NW 41ST STREET, MIAMI FL 33178 |
John L Manley | director | 15211 MEDICI WAY, NAPLES FL 34110 |
John Peter Rau | officer: EVP, Global Aviation & Marine | 9800 N.W. 41ST STREET, MIAMI FL 33178 |
Robert Alexander Lake | officer: EVP, Chf. Legal Officer, CoSec | C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178 |
Jorge L. Benitez | director | 5201 BLUE LAGOON DRIVE, SUITE 250, MIAMI FL 33126 |
Paul H Stebbins | director, officer: Chairman and CEO | C/O WORLD FUEL SERVICES CORP, 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178 |
Sharda Cherwoo | director | 160 WEST 66TH STREET, APT. 45F, NEW YORK NY 10023 |
Michael J Kasbar | director, officer: President & COO | C/ O WORLD FUEL SERVICES CORP, 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178 |
Richard A Kassar | director | C/O WORLD FUEL SERVICES CORP., 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178 |
J Thomas Presby | director | 198 KEELER ROAD, BRIDGEWATER CT 06752 |
Stephen K Roddenberry | director | C/O AKERMAN LLP, 98 SOUTHEAST SEVENTH STREET, MIAMI FL 33131 |
Jeffrey Paul Smith | officer: EVP and COO | C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178 |
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