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CRVL (CorVel) Change In Receivables : $-10.5 Mil (TTM As of Mar. 2025)


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What is CorVel Change In Receivables?

CorVel's change in receivables for the quarter that ended in Mar. 2025 was $0.0 Mil. It means CorVel's Accounts Receivable declined by $0.0 Mil from Dec. 2024 to Mar. 2025 .

CorVel's change in receivables for the fiscal year that ended in Mar. 2025 was $-10.5 Mil. It means CorVel's Accounts Receivable increased by $10.5 Mil from Mar. 2024 to Mar. 2025 .

CorVel's Accounts Receivable for the quarter that ended in Mar. 2025 was $57.6 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. CorVel's Days Sales Outstanding for the three months ended in Mar. 2025 was 22.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CorVel's liquidation value for the three months ended in Mar. 2025 was $-10.2 Mil.


CorVel Change In Receivables Historical Data

The historical data trend for CorVel'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.

CorVel Change In Receivables Chart

CorVel Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.98 -18.02 0.34 -17.90 -10.46

CorVel Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.98 -1.97 -5.08 -3.42 0.01

CorVel 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.5 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.


CorVel  (NAS:CRVL) 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.

CorVel's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=57.633/231.514*91
=22.72

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

CorVel's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=170.584-223.989+0.75 * 57.633+0.5 * 0
=-10.2

* 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.


CorVel Change In Receivables Related Terms

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CorVel Business Description

Traded in Other Exchanges
N/A
Address
5128 Apache Plume Road, Suite 400, Fort Worth, TX, USA, 76109
CorVel Corp applies technology including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. It partners with employers, third-party administrators, insurance companies, and government agencies in managing worker's compensation and health, auto, and liability services. The company's solutions combine integrated technologies with a human touch providing services that include claims management, bill review, preferred provider networks, utilization management, case management, pharmacy services, directed care, and medicare services.
Executives
R Judd Jessup director 30962 VIA SERENIDAD, COTO DE CAZA CA 92679
Alan Hoops director 2010 MAIN ST STE 600, IRVINE CA 92614
Mark E. Bertels officer: EVP - Risk Management Services 1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Jeffrey J Michael director 2010 MAIN STREET STE 600, IRVINE CA 92614
Brandon O'brien officer: Chief Financial Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Jennifer Yoss officer: Vice President of Accounting 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Steven J Hamerslag director PO BOX 7227, RANCHO SANTA FE CA 92067
V Gordon Clemons director, officer: Chairman of the Board 2010 MAIN STREET, STE 600, IRVINE CA 92614
Michael G Combs officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Maxim Shishin officer: Chief Information Officer 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Corstar Holdings Inc 10 percent owner 2010 MAIN STREET STE 800, IRVINE CA 92614
Jean Macino director 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Gregory A. Dorn officer: Division President 1920 MAIN STREET, SUITE 900, IRVINE CA 92614
Diane Blaha officer: Sr. VP of Sales & Account Mgmt 2010 MAIN STREET, SUITE 600, IRVINE CA 92614
Michael Saverien officer: Exec. VP, Risk Mgmt. Services 2010 MAIN STREET, SUITE 600, IRVINE CA 92614