Brown-Forman (Brown-Forman) Change In Receivables

: $64 Mil (TTM As of Jan. 2024)

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Brown-Forman's change in receivables for the quarter that ended in Jan. 2024 was $82 Mil. It means Brown-Forman's Accounts Receivable declined by $82 Mil from Oct. 2023 to Jan. 2024 .

Brown-Forman's change in receivables for the fiscal year that ended in Apr. 2023 was $-21 Mil. It means Brown-Forman's Accounts Receivable increased by $21 Mil from Apr. 2022 to Apr. 2023 .

Brown-Forman's Accounts Receivable for the quarter that ended in Jan. 2024 was $878 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. Brown-Forman's Days Sales Outstanding for the three months ended in Jan. 2024 was 74.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Brown-Forman's liquidation value for the three months ended in Jan. 2024 was $-2,480 Mil.

Brown-Forman Change In Receivables Historical Data

The historical data trend for Brown-Forman'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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Brown-Forman Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Change In Receivables

23.00

12.00

-150.00

-77.00

-21.00

Brown-Forman 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																-12.00	85.00	-15.00	-88.00	82.00

Brown-Forman 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 $64 Mil.

Brown-Forman (NYSE:BF.B) 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.

Brown-Forman's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	878	/	1069	*	91
=	74.95

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

Brown-Forman'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)
=	589	-	4992	+	0.75 * 878	+	0.5 * 2529
=	-2,480

Brown-Forman Change In Receivables Related Terms

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Brown-Forman (Brown-Forman) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Brown-Forman Corp (NYSE:BF.B) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

BF.A:USA BF5A:Germany BF5B:Germany BF5B:Germany

Address

850 Dixie Highway, Louisville, KY, USA, 40210

Website

https://www.brown-forman.com

Brown-Forman is a U.S.-based manufacturer of premium distilled spirits that generates close to 70% of revenues in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generates 47% of sales from its home market, while the bulk of international revenues come from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and a 67% voting power of the company.

Executives

Elizabeth M Brown	director	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Elizabeth A Smith	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mark A. Clouse	director	C/O MONDELEZ INTERNATIONAL, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Jeremy J Shepherd	officer: VP, Pres, USA & Canada	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Crystal L Peterson	officer: SVP, Chief Inclusion Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Jan Singer	director	2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Timothy M Nall	officer: SVP CIO	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Leanne D Cunningham	officer: SVP, Chief Fin Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Matias Bentel	officer: SVP, Chief Brands Officer	850 DIXIE HWY, LOUISVILLE KY 40210
Kelli Nelson	officer: SVP, Chief Accounting Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Mike J. Keyes	officer: SVP, Chief Corporate Affairs	850 DIXIE HWY, LOUISVILLE KY 40210
Tracy L Skeans	director	1441 GARDINER LANE, LOUISVILLE KY 40213
John V. Hayes	officer: SVP, Chief Marketing Officer	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Michael Andrew Masick	officer: VP DIR CORP STRATEGY	850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Kathleen M. Gutmann	director	55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328