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Oil-Dri of America (Oil-Dri of America) Change In Receivables : $-2.2 Mil (TTM As of Jan. 2024)


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What is Oil-Dri of America Change In Receivables?

Oil-Dri of America's change in receivables for the quarter that ended in Jan. 2024 was $1.4 Mil. It means Oil-Dri of America's Accounts Receivable declined by $1.4 Mil from Oct. 2023 to Jan. 2024 .

Oil-Dri of America's change in receivables for the fiscal year that ended in Jul. 2023 was $-7.9 Mil. It means Oil-Dri of America's Accounts Receivable increased by $7.9 Mil from Jul. 2022 to Jul. 2023 .

Oil-Dri of America's Accounts Receivable for the quarter that ended in Jan. 2024 was $59.3 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. Oil-Dri of America's Days Sales Outstanding for the three months ended in Jan. 2024 was 51.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Oil-Dri of America's liquidation value for the three months ended in Jan. 2024 was $-4.7 Mil.


Oil-Dri of America Change In Receivables Historical Data

The historical data trend for Oil-Dri of America'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.

Oil-Dri of America Change In Receivables Chart

Oil-Dri of America Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.73 -0.01 -5.96 -10.65 -7.90

Oil-Dri of America 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.12 0.13 -2.30 -1.49 1.42

Oil-Dri of America 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 $-2.2 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.


Oil-Dri of America  (NYSE:ODC) 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.

Oil-Dri of America's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=59.336/105.668*91
=51.24

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

Oil-Dri of America'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)
=27.8-100.114+0.75 * 59.336+0.5 * 46.23
=-4.7

* 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.


Oil-Dri of America Change In Receivables Related Terms

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Oil-Dri of America (Oil-Dri of America) Business Description

Traded in Other Exchanges
Address
410 North Michigan Avenue, Suite 400, Chicago, IL, USA, 60611-4213
Oil-Dri Corp of America develops, manufactures, and markets sorbent products made predominantly from clay. Its absorbent offerings, which draw liquid up, include cat litter, floor products, toxin control substances for livestock, and agricultural chemical carriers. The company has two segments based on the different characteristics of two primary customer groups namely Retail and Wholesale Products Group and Business to Business Products Group. The company's products are sold under various brands such as Cat's Pride, Jonny Cat, Amlan, Agsorb, Verge, Pure-Flo, and Ultra-Clear.
Executives
Aaron Christiansen officer: VP, Manufacturing - CPG 410 NORTH MICHIGAN AVENUE, CHICAGO IL 60611
Allan H Selig director
Patricia J Schmeda director 3400 NORTH WOLF ROAD, FRANKLIN PARK IL 60131
Patrick James Walsh officer: VP, Human Resources 410 N. MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Christopher B Lamson officer: Group VP of Retail & Wholesale 410 N. MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Amy Ryan director 410 N. MICHIGAN AVENUE, CHICAGO IL 60611
Daniel S Jaffee director, officer: President and CEO
Matthew Daley officer: VP, Corporate Controller 410 N. MICHIGAN AVENUE, CHICAGO IL 60611
Jessica D Moskowitz officer: Vice President 410 N. MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Paul Hindsley director 410 N. MICHIGAN AVE., CHICAGO IL 60611
Molly Vandenheuvel officer: Chief Operating Officer 410 N. MICHIGAN AVENUE, CHICAGO IL 60611
Mary Beth Sullivan officer: VP, Human Resources 410 NORTH MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Susan M Kreh officer: Chief Financial Officer 18400 PLEASANT STREET, BROOKFIELD WI 53045
J Steven Cole director C/O COLE & ASSOCIATES, 633 SKOKIE BLVD, NORTHBROOK IL 60062
Ellen-blair Chube director 150 N. RIVERSIDE PLAZA, CHICAGO IL 60606