Best Buy Co (Best Buy Co) Change In Receivables

: $204 Mil (TTM As of Jan. 2024)

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Best Buy Co's change in receivables for the quarter that ended in Jan. 2024 was $-36 Mil. It means Best Buy Co's Accounts Receivable increased by $36 Mil from Oct. 2023 to Jan. 2024 .

Best Buy Co's change in receivables for the fiscal year that ended in Jan. 2024 was $204 Mil. It means Best Buy Co's Accounts Receivable declined by $204 Mil from Jan. 2023 to Jan. 2024 .

Best Buy Co's Accounts Receivable for the quarter that ended in Jan. 2024 was $939 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. Best Buy Co's Days Sales Outstanding for the three months ended in Jan. 2024 was 5.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Best Buy Co's liquidation value for the three months ended in Jan. 2024 was $-7,284 Mil.

Best Buy Co Change In Receivables Historical Data

The historical data trend for Best Buy 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.

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Best Buy Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Receivables

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-131.00

73.00

17.00

-103.00

204.00

Best Buy Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-89.00	279.00	10.00	-49.00	-36.00

Best Buy 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $204 Mil.

Best Buy Co (NYSE:BBY) 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.

Best Buy Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	939	/	14646	*	91
=	5.85

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

Best Buy Co's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1447	-	11914	+	0.75 * 939	+	0.5 * 4958
=	-7,284

Best Buy Co Change In Receivables Related Terms

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Best Buy Co (Best Buy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Best Buy Co Inc (NYSE:BBY) » Definitions » Change In Receivables

Comparable Companies

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BBY:Mexico BUY:Germany BUY:Germany BBYY34:Brazil

Address

7601 Penn Avenue South, Richfield, MN, USA, 55423

Website

https://www.investors.bestbuy.com

With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Executives

Richard M Schulze	10 percent owner	BEST BUY CO INC, 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Todd G. Hartman	officer: GC, Chief Risk/Comp Officer	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
David C Kimbell	director	8410 W. BRYN MAWR, CHICAGO IL 60631
Kathleen Scarlett	officer: Chief Human Resources Officer	7601 PENN AVE S, RICHFIELD MN 55423
Jason J Bonfig	officer: Chief Merchandising Officer	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Matthew M Bilunas	officer: Chief Financial Officer	C/O BEST BUY CO., INC., 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Barry Corie S	officer: CFO	7601 PENN AVE S., RICHFIELD MN 55423
Mathew Watson	officer: VP, Finance - Contr. & CAO	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Damien Harmon	officer: Pres., Omnichannel Ops & Serv	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Sima Sistani	director	675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Melinda D Whittington	director	THREE LAKES DRIVE, NORTHFIELD IL 60093
Deborah Disanzo	officer: President, Best Buy Health	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Allison Peterson	officer: Chief Customer Officer	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Brian A Tilzer	officer: Chief Digital & Tech Officer	CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Mark A Irvin	officer: Chief Supply Chain Officer	7601 PENN AVENUE, RICHFIELD MN 55423