Aramark's change in receivables for the quarter that ended in Dec. 2023 was $-209 Mil. It means Aramark's Accounts Receivable
increased by $209 Mil
from Sep. 2023 to Dec. 2023 .
Aramark's change in receivables for the fiscal year that ended in Sep. 2023 was $-201 Mil. It means Aramark's Accounts Receivable
increased by $201 Mil
from Sep. 2022 to Sep. 2023 .
Aramark's Accounts Receivable for the quarter that ended in Dec. 2023 was $2,199 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.
Aramark's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 45.52.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aramark's liquidation value for the
three
months ended in Dec. 2023 was $-7,436 Mil.
Aramark Change In Receivables Historical Data
The historical data trend for Aramark'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.
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 $-310 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.
Aramark (NYSE:ARMK) 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.
Aramark's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Aramark Change In Receivables Related Terms
Thank you for viewing the detailed overview of Aramark's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.
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