Archer-Daniels Midland Co (Archer-Daniels Midland Co) Change In Receivables

: $737 Mil (TTM As of Dec. 2023)

View and export this data going back to 1945. Start your Free Trial

Archer-Daniels Midland Co's change in receivables for the quarter that ended in Dec. 2023 was $294 Mil. It means Archer-Daniels Midland Co's Accounts Receivable declined by $294 Mil from Sep. 2023 to Dec. 2023 .

Archer-Daniels Midland Co's change in receivables for the fiscal year that ended in Dec. 2023 was $737 Mil. It means Archer-Daniels Midland Co's Accounts Receivable declined by $737 Mil from Dec. 2022 to Dec. 2023 .

Archer-Daniels Midland Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $5,284 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. Archer-Daniels Midland Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 20.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Archer-Daniels Midland Co's liquidation value for the three months ended in Dec. 2023 was $-18,857 Mil.

Archer-Daniels Midland Co Change In Receivables Historical Data

The historical data trend for Archer-Daniels Midland Co'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 287.00 [6] => -149.00 [7] => -578.00 [8] => -1,682.00 [9] => 737.00 )

Archer-Daniels Midland Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

287.00

-149.00

-578.00

-1,682.00

737.00

Archer-Daniels Midland Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																-69.00	488.00	358.00	-403.00	294.00

Archer-Daniels Midland Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $737 Mil.

Archer-Daniels Midland Co (NYSE:ADM) 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.

Archer-Daniels Midland Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5284	/	22978	*	91
=	20.98

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

Archer-Daniels Midland Co's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1368	-	30166	+	0.75 * 5284	+	0.5 * 11957
=	-18,857

Archer-Daniels Midland Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Archer-Daniels Midland Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Archer-Daniels Midland Co (Archer-Daniels Midland Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Archer-Daniels Midland Co (NYSE:ADM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ADM:Mexico 1ADM:Italy ADM:Germany ADM:Germany ADM:Germany ADM:Germany A1DM34:Brazil ARDA:Austria

Address

77 West Wacker Drive, Suite 4600, Chicago, IL, USA, 60601

Website

https://www.adm.com

Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.

Executives

Regina Jones	officer: Senior Vice President	7102 COMMERCE WAY, BRENTWOOD TN 37027
Strader Fruit Molly L	officer: Vice Pres., Corp. Controller	77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Brabander Ellen De	director	2500 INNOVATION WAY, GREENFIELD IN 46140
D Cameron Findlay	officer: Senior Vice President	77 W. WACKER DR., SUITE 2600, CHICAGO IL 60601
Juan R Luciano	officer: Executive V.P. & COO	77 W. WACKER DR., SUITE 4600, CHICAGO IL 60601
Francisco J Sanchez	director	77 W. WACKER DR., SUITE 4600, CHICAGO IL 60601
Gregory A Morris	officer: Senior Vice President	77 W. WACKER DR., SUITE 4600, CHICAGO IL 60601
Collins James C. Jr.	director	1007 MARKET STREET, D-9058, WILMINGTON DE 19898
Vikram Luthar	officer: Vice President & Treasurer	ARCHER-DANIELS-MIDLAND COMPANY, 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601
Christopher M Cuddy	officer: President-Corn	77 W. WACKER DR., SUITE 4600, CHICAGO IL 60601
Vincent F Macciocchi	officer: Senior Vice President	77 W. WACKER DR., SUITE 4600, CHICAGO IL 60601
Ray G Young	officer: Sr. Vice President	77 WEST WACKER DR., SUITE 4600, CHICAGO IL 60601
Theodore Iii Colbert	director	C/O THE BOEING COMPANY, 100 RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Jennifer L Weber	officer: Senior Vice President	1000 LOWES BOULEVARD, MOORESVILLE NC 28117
Joseph D. Taets	officer: Vice President	77 W. WACKER DR., SUITE 4600, CHICAGO IL 60601