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AGCO (AGCO) Change In Receivables : $-444 Mil (TTM As of Dec. 2023)


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What is AGCO Change In Receivables?

AGCO's change in receivables for the quarter that ended in Dec. 2023 was $38 Mil. It means AGCO's Accounts Receivable declined by $38 Mil from Sep. 2023 to Dec. 2023 .

AGCO's change in receivables for the fiscal year that ended in Dec. 2023 was $-444 Mil. It means AGCO's Accounts Receivable increased by $444 Mil from Dec. 2022 to Dec. 2023 .

AGCO's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,605 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. AGCO's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.54.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AGCO's liquidation value for the three months ended in Dec. 2023 was $-3,245 Mil.


AGCO Change In Receivables Historical Data

The historical data trend for AGCO'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.

AGCO Change In Receivables Chart

AGCO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.80 -90.50 -207.70 -306.10 -443.80

AGCO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.90 -298.10 -197.20 13.70 37.80

AGCO 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-444 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.


AGCO  (NYSE:AGCO) 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.

AGCO's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1605.3/3800.7*91
=38.54

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

AGCO's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=595-6764.4+0.75 * 1605.3+0.5 * 3440.7
=-3,245

* 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.


AGCO Change In Receivables Related Terms

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AGCO (AGCO) Business Description

Traded in Other Exchanges
Address
4205 River Green Parkway, Duluth, GA, USA, 30096
Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes over 3,200 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.
Executives
Dehner Torsten Rudolf Willi officer: SVP Gen Mgr Europe Middle East AGCO INTERNATIONAL GMBH, VICTOR VON BRUNS STRASSE 17, NEUHAUSEN AM RHEINFALL V8 CH 8212
Robert B Crain officer: Sr VP Gen. Mgr. North America AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096-2584
Felli Luis Fernando Sartini officer: SVP Gen Manager South America AGCO AMERICA DO SUL, RUA JAMES JOULE, 92 - CONJ 161 BROOKLIN, SAO PAULO D5 04576-080
Lara Thrush Long officer: VP, Chief Accounting Officer AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
George E Minnich director 4 WEST RED OAK LANE, WHITE PLAINS NY 10604
Timothy Millwood officer: SVP Chief Supply Chain Officer AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
Andrew H Beck officer: Sr. VP and CFO
Damon J Audia officer: SVP, Chief Financial Officer 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
David M. Sagehorn director 2307 OREGON STREET, PO BOX 2566, OSHKOSH WI 54903-2566
Niels Porksen director 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
Hans Bernd Veltmaat officer: Sr VP Manufacturing & Quality AGCO GMBH, VICTOR VON BRUNS STRASSE 17, CH 8212 NEUHAUSEN V8 CH 8212
Gary L Collar officer: SVP, General Manager, EAME 11975 S MAGNOLIA CIRCLE, ALPHARETTA GA 30005
Kelvin Eugene Bennett officer: SVP, Engineering AGCO INTERNATIONAL GMBH, VICTOR VON BRUNS STRASSE 17, NEUHAUSEN AM RHEINFALL V8 CH 8212
Ivory Marie Harris officer: SVP Chief HR Officer AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
Wolfgang Deml director