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Colgate-Palmolive Co (Colgate-Palmolive Co) Change In Receivables : $-37 Mil (TTM As of Dec. 2023)


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What is Colgate-Palmolive Co Change In Receivables?

Colgate-Palmolive Co's change in receivables for the quarter that ended in Dec. 2023 was $25 Mil. It means Colgate-Palmolive Co's Accounts Receivable declined by $25 Mil from Sep. 2023 to Dec. 2023 .

Colgate-Palmolive Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-37 Mil. It means Colgate-Palmolive Co's Accounts Receivable increased by $37 Mil from Dec. 2022 to Dec. 2023 .

Colgate-Palmolive Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,586 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. Colgate-Palmolive Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 29.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Colgate-Palmolive Co's liquidation value for the three months ended in Dec. 2023 was $-12,314 Mil.


Colgate-Palmolive Co Change In Receivables Historical Data

The historical data trend for Colgate-Palmolive 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.

* Premium members only.

Colgate-Palmolive Co Change In Receivables Chart

Colgate-Palmolive Co 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 19.00 138.00 -84.00 -227.00 -37.00

Colgate-Palmolive 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 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 -56.00 -57.00 -55.00 50.00 25.00

Colgate-Palmolive 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 $-37 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.


Colgate-Palmolive Co  (NYSE:CL) 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.

Colgate-Palmolive 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
=1586/4950*91
=29.24

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

Colgate-Palmolive 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)
=966-15436+0.75 * 1586+0.5 * 1934
=-12,314

* 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.


Colgate-Palmolive Co Change In Receivables Related Terms

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Colgate-Palmolive Co (Colgate-Palmolive Co) Business Description

Address
300 Park Avenue, New York, NY, USA, 10022-7499
Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oralcare line, the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International accounts for about 70% of its total sales base, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.
Executives
Jennifer Daniels officer: CLO and Secretary C/O BARNES & NOBLE, INC., 122 FIFTH AVENUE, NEW YORK NY 10011
Panagiotis Tsourapas officer: Pres., Colgate-Africa/Eurasia C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
John T Cahill director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
John W Kooyman officer: Chief Marketing Officer 300 PARK AVENUE, NEW YORK NY 10022
Lorrie M Norrington director C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Noel R. Wallace officer: Pres.- Colgate No. America C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Gregory Malcolm officer: Vice President and Controller 300 PARK AVENUE, NEW YORK NY 10022
Sally Massey officer: Chief Human Resources Officer 300 PARK AVENUE, NEW YORK NY 10022
John P Bilbrey director
Prabha Parameswaran officer: Grp Pres, Glbl Innov. & AF/Eus 300 PARK AVENUE, NEW YORK NY 10022
Stephen I Sadove director
C Martin Harris director
Steven A Cahillane director ONE COCA-COLA PLAZA, ATLANTA GA 30313
Philip G. Shotts officer: Vice President and Controller 300 PARK AVENUE, NEW YORK NY 10022
Patricia Verduin officer: Chief Technology Officer ONE CONAGRA DRIVE, OMAHA NE 68102