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Cal-Maine Foods's change in receivables for the quarter that ended in Nov. 2023 was $0 Mil. It means Cal-Maine Foods's Accounts Receivable stayed the same from Aug. 2023 to Nov. 2023 .
Cal-Maine Foods's change in receivables for the fiscal year that ended in May. 2023 was $31 Mil. It means Cal-Maine Foods's Accounts Receivable declined by $31 Mil from May. 2022 to May. 2023 .
Cal-Maine Foods's Accounts Receivable for the quarter that ended in Nov. 2023 was $165 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. Cal-Maine Foods's Days Sales Outstanding for the three months ended in Nov. 2023 was 28.84.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cal-Maine Foods's liquidation value for the three months ended in Nov. 2023 was $493 Mil.
The historical data trend for Cal-Maine Foods'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.
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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 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.
Cal-Maine Foods (NAS:CALM) 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.
Cal-Maine Foods's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 165.391 | / | 523.234 | * | 91 |
= | 28.84 |
2. In Ben Graham's calculation of liquidation value, Cal-Maine Foods's accounts receivable are only considered to be worth 75% of book value:
Cal-Maine Foods's liquidation value for the quarter that ended in Nov. 2023 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 567.828 | - | 342.841 | + | 0.75 * 165.391 | + | 0.5 * 287.27 |
= | 493 |
* 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.
Thank you for viewing the detailed overview of Cal-Maine Foods's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Charles Jeff Hardin | officer: Vice President Marketing | 3650 GUENTHER ROAD, LAGRANGE TX 78945 |
Michael Todd Walters | officer: COO | 1052 HIGHLAND COLONY PKWY, RIDGELAND MS 39157 |
Letitia Callender Hughes | director | 48 AVERY CIRCLE, JACKSON MS 39211 |
James E Poole | director | PO BOX 5167, JACKSON MS 39296 |
Matthew Samuel Glover | officer: Vice President - Accounting | 1052 HIGHLAND COLONY PKWY, RIDGELAND MS 39157 |
Camille S Young | director | 2992 WEST BEACH BLVD, GULFPORT MS 39501 |
Adolphus B Baker | director, 10 percent owner, officer: Chairman, President & CEO | P. O. BOX 2960, JACKSON MS 39207 |
Jean Morris Adams | 10 percent owner | 312 VIEWPOINTE PLACE, CLINTON MS 39056 |
Holladay Robert L Jr | officer: VP - General Counsel | 3320 W. WOODROW WILSON AVE, JACKSON MS 39209 |
Max P Bowman | director, officer: Vice President, CFO, Sec/Treas | 3320 W. WOODROW WILSON AVE., JACKSON MS 39209 |
Dlnl, Llc | 10 percent owner | 3320 W. WOODROW WILSON AVE., JACKSON MS 39209 |
Adams Fred R Jr | 10 percent owner | C/O CM FOODS, PO BOX 2960, JACKSON MS 39207 |
Steve W Sanders | director | 2 OAKLEIGH PLACE, JACKSON MS 39211 |
Michael D Castleberry | officer: Vice President, Controller | 3320 W. WOODROW WILSON AVE, JACKSON MS 39209 |
Timothy A Dawson | director, officer: Vice President, CFO, Sec/Treas | CAL-MAINE FOODS, INC., PO BOX 2960, JACKSON MS 39207 |
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