Smiths Group (Smiths Group) Change In Receivables : $-113 Mil (TTM As of Jan. 2024)

View and export this data going back to . Start your Free Trial

What is Smiths Group Change In Receivables?

Smiths Group's change in receivables for the quarter that ended in Jan. 2024 was $-5 Mil. It means Smiths Group's Accounts Receivable increased by $5 Mil from Jul. 2023 to Jan. 2024 .

Smiths Group's change in receivables for the fiscal year that ended in Jul. 2023 was $-81 Mil. It means Smiths Group's Accounts Receivable increased by $81 Mil from Jul. 2022 to Jul. 2023 .

Smiths Group's Accounts Receivable for the quarter that ended in Jan. 2024 was $987 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. Smiths Group's Days Sales Outstanding for the six months ended in Jan. 2024 was 94.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Smiths Group's liquidation value for the six months ended in Jan. 2024 was $-1,082 Mil.

Smiths Group Change In Receivables Historical Data

The historical data trend for Smiths Group'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.

Smiths Group Change In Receivables Chart

Smiths Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Change In Receivables

Get a 7-Day Free Trial

-130.76

101.65

-13.81

-99.52

-81.19

Smiths Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Change In Receivables	Get a 7-Day Free Trial															23.04	-119.90	25.70	-108.25	-5.08

Smiths Group 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 semi-annually data reported by the company within the most recent 12 months, which was $-113 Mil.

Smiths Group (OTCPK:SMGZY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	987.294	/	1914.867	*	91
=	94.10

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

Smiths Group'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)
=	228.717	-	2463.787	+	0.75 * 987.294	+	0.5 * 824.651
=	-1,082

Smiths Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Smiths Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Smiths Group (Smiths Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Smiths Group PLC (OTCPK:SMGZY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SMGKF:USA SMINl:UK SMIN:UK QS2A:Germany

Address

11-12 St James’s Square, 4th Floor, London, GBR, SW1Y 4LB

Website

https://www.smiths.com

With its start as a London jeweler in the 19th century, Smiths Group has for most of its history operated as a company operating disparate but economically attractive businesses. Thematically, it runs businesses that manufacture niche products in security- or safety-sensitive industries. Today, the business is split across four divisions: mechanical seals, weapons detection, electrical connectors, and specialized hoses. The end customers for these products include airports, NASA, government security or defense departments, and hospitals.