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Altria Group (BUE:MO) Change In Receivables : ARS11,438 Mil (TTM As of Mar. 2024)


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What is Altria Group Change In Receivables?

Altria Group's change in receivables for the quarter that ended in Mar. 2024 was ARS-5,055 Mil. It means Altria Group's Accounts Receivable increased by ARS5,055 Mil from Dec. 2023 to Mar. 2024 .

Altria Group's change in receivables for the fiscal year that ended in Dec. 2023 was ARS2,166 Mil. It means Altria Group's Accounts Receivable declined by ARS2,166 Mil from Dec. 2022 to Dec. 2023 .

Altria Group's Accounts Receivable for the quarter that ended in Mar. 2024 was ARS64,873 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. Altria Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Altria Group's liquidation value for the three months ended in Mar. 2024 was ARS-31,385,442 Mil.


Altria Group Change In Receivables Historical Data

The historical data trend for Altria 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.

Altria Group Change In Receivables Chart

Altria Group 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 -478.19 1,627.60 -1,817.82 -3,520.65 2,166.00

Altria Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -6,716.70 -5,760.00 26,946.15 -4,693.00 -5,055.00

Altria 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ARS11,438 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.


Altria Group  (BUE:MO) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=64872.501/3974072.568*91
=1.49

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

Altria Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3039740.052-34996608.095+0.75 * 64872.501+0.5 * 1045542.518
=-31,385,442

* 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.


Altria Group Change In Receivables Related Terms

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Altria Group (BUE:MO) Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Horizon Innovations and Helix Innovations. It holds a 10% interest in the world's largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the U.S. with a 42% annual share in 2022. Altria holds a 42% stake in cannabis manufacturer Cronos, has acquired Njoy Holdings in 2023, and recently exited its strategic investment in Juul Labs.

Altria Group (BUE:MO) Headlines

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