Switch to:
AmerisourceBergen Corp (NYSE:ABC)
Change In Receivables
$-58 Mil (As of Jun. 2015)

AmerisourceBergen Corp's change in receivables for the quarter that ended in Jun. 2015 was $-58 Mil. It means AmerisourceBergen Corp's accounts receivables declined by $58 Mil from Mar. 2015 to Jun. 2015 .

AmerisourceBergen Corp's change in receivables for the fiscal year that ended in Mar. 2014 was $-2,390 Mil. It means AmerisourceBergen Corp's accounts receivables declined by $2,390 Mil from Mar. 2013 to Mar. 2014 .

AmerisourceBergen Corp's accounts receivables for the quarter that ended in Jun. 2015 was $7,597 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 receivables are being managed. AmerisourceBergen Corp's days sales outstanding for the three months ended in Jun. 2015 was 20.25.

In Ben Graham’s calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. AmerisourceBergen Corp's liquidation value for the three months ended in Jun. 2015 was $-12,685 Mil.


Definition

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.


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 receivables are being managed.

AmerisourceBergen Corp's Days Sales Outstanding for the quarter that ended in Jun. 2015 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=7596.558/34233.556*91
=20.25

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

AmerisourceBergen Corp's liquidation value for the quarter that ended in Jun. 2015 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=2555.183-25757.88+0.75 * 7596.558+0.5 * 9639.961
=-12,685

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Days Sales Outstanding, Account Receivable, Revenue, NCAV, Cash and Cash Equivalents, Total Liabilities, Inventory


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

AmerisourceBergen Corp Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
ChangeInReceivables 85-502-606-95-197-1898963-473-2,390

AmerisourceBergen Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ChangeInReceivables 11-418-1,477-159-336-40-402-767-44-58
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK