Honeywell Flour Mills (NSA:HFM) Change In Receivables : ₦1,937 Mil (TTM As of Mar. 2023)

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What is Honeywell Flour Mills Change In Receivables?

Honeywell Flour Mills's change in receivables for the quarter that ended in Mar. 2023 was ₦1,937 Mil. It means Honeywell Flour Mills's Accounts Receivable declined by ₦1,937 Mil from Mar. 2022 to Mar. 2023 .

Honeywell Flour Mills's change in receivables for the fiscal year that ended in Mar. 2023 was ₦1,937 Mil. It means Honeywell Flour Mills's Accounts Receivable declined by ₦1,937 Mil from Mar. 2022 to Mar. 2023 .

Honeywell Flour Mills's Accounts Receivable for the quarter that ended in Mar. 2023 was ₦1,150 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. Honeywell Flour Mills's Days Sales Outstanding for the six months ended in Mar. 2023 was 1.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Honeywell Flour Mills's liquidation value for the six months ended in Mar. 2023 was ₦-107,092 Mil.

Honeywell Flour Mills Change In Receivables Historical Data

The historical data trend for Honeywell Flour Mills'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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Honeywell Flour Mills Change In Receivables Chart

Honeywell Flour Mills Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-416.41

-1,025.56

1,787.58

-10.63

1,937.47

Honeywell Flour Mills Semi-Annual Data
	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Change In Receivables	Get a 7-Day Free Trial									-416.41	-1,025.56	1,787.58	-10.63	1,937.47

Honeywell Flour Mills 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2023 was ₦1,937 Mil.

Honeywell Flour Mills (NSA:HFM) 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.

Honeywell Flour Mills's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1150.403	/	147350.739	*	91
=	1.42

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

Honeywell Flour Mills's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8041.162	-	132023.688	+	0.75 * 1150.403	+	0.5 * 32056.412
=	-107,092

Honeywell Flour Mills Change In Receivables Related Terms

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Honeywell Flour Mills (NSA:HFM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Honeywell Flour Mills PLC (NSA:HFM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Gate Bye-Pass, Tin Can Island, Apapa, Lagos, NGA

Website

https://www.honeywellflour.com

Honeywell Flour Mills PLC is a Nigeria-based company. It is engaged in the manufacturing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. The company operates its business through geographical segments that are Ikeja, which manufacture noodles; Sagamu segment manufactures Pasta and Apapa, which manufactures flour, semolina, wheat meal, brown flour and Baker's delight flour. The Apapa generates maximum revenue for the company. The company offers its services throughout Nigeria region.

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