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Greif (GEF.B) Change In Receivables : $40 Mil (TTM As of Jan. 2024)


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What is Greif Change In Receivables?

Greif's change in receivables for the quarter that ended in Jan. 2024 was $22 Mil. It means Greif's Accounts Receivable declined by $22 Mil from Oct. 2023 to Jan. 2024 .

Greif's change in receivables for the fiscal year that ended in Oct. 2023 was $130 Mil. It means Greif's Accounts Receivable declined by $130 Mil from Oct. 2022 to Oct. 2023 .

Greif's Accounts Receivable for the quarter that ended in Jan. 2024 was $639 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. Greif's Days Sales Outstanding for the three months ended in Jan. 2024 was 48.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Greif's liquidation value for the three months ended in Jan. 2024 was $-2,965 Mil.


Greif Change In Receivables Historical Data

The historical data trend for Greif'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.

Greif Change In Receivables Chart

Greif Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.10 -9.10 -247.50 25.10 130.30

Greif 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 112.00 -46.00 43.50 20.80 21.50

Greif 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 $40 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.


Greif  (NYSE:GEF.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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=639.2/1205.8*91
=48.37

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

Greif'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)
=179.3-3807.8+0.75 * 639.2+0.5 * 368.5
=-2,965

* 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.


Greif Change In Receivables Related Terms

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Greif (GEF.B) Business Description

Traded in Other Exchanges
Address
425 Winter Road, Delaware, OH, USA, 43015
Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in North and Latin America, Europe, Middle East, Africa and Asia Pacific regions.

Greif (GEF.B) Headlines

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