3M Co (BSP:MMMC34) Change In Receivables : R$-840 Mil (TTM As of Dec. 2023)

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What is 3M Co Change In Receivables?

3M Co's change in receivables for the quarter that ended in Dec. 2023 was R$985 Mil. It means 3M Co's Accounts Receivable declined by R$985 Mil from Sep. 2023 to Dec. 2023 .

3M Co's change in receivables for the fiscal year that ended in Dec. 2023 was R$-833 Mil. It means 3M Co's Accounts Receivable increased by R$833 Mil from Dec. 2022 to Dec. 2023 .

3M Co's Accounts Receivable for the quarter that ended in Dec. 2023 was R$23,274 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. 3M Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. 3M Co's liquidation value for the three months ended in Dec. 2023 was R$-165,380 Mil.

3M Co Change In Receivables Historical Data

The historical data trend for 3M Co'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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3M Co Change In Receivables Chart

3M Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1,416.05

848.88

-689.90

-550.77

-832.97

3M Co 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															1,898.84	-380.23	-1,553.18	108.65	984.86

3M Co 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 R$-840 Mil.

3M Co (BSP:MMMC34) 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.

3M Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	23274.05	/	39262.097	*	91
=	54.09

2. In Ben Graham's calculation of liquidation value, 3M Co's accounts receivable are only considered to be worth 75% of book value:

3M Co'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)
=	29330.203	-	223979.658	+	0.75 * 23274.05	+	0.5 * 23626.836
=	-165,380

3M Co Change In Receivables Related Terms

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3M Co (BSP:MMMC34) Business Description

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Comparable Companies

Traded in Other Exchanges

MMM:USA MMM:Mexico 1MMM:Italy MMMd:UK MMM:Germany MMM:Chile MMM:Switzerland MMM:Austria MMM:Argentina

Address

3M Center, St. Paul, MN, USA, 55144

Website

https://www.3m.com

3M is a multinational conglomerate that has operated since 1902, when it was known as Minnesota Mining and Manufacturing. The company is well known for its research and development laboratory and it leverages its science and technology across multiple product categories. As of 2020, 3M is organized into four business segments: safety and industrial, transportation and electronics, healthcare, and consumer. Nearly 50% of the company's revenue comes from outside the Americas, with the safety and industrial segment constituting a plurality of net sales. Many of the company's 60,000-plus products touch and concern a variety of consumers and end markets.

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