Associated British Foods (LSE:ABF) Change In Receivables : £65 Mil (TTM As of Feb. 2024)

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What is Associated British Foods Change In Receivables?

Associated British Foods's change in receivables for the quarter that ended in Feb. 2024 was £57 Mil. It means Associated British Foods's Accounts Receivable declined by £57 Mil from Aug. 2023 to Feb. 2024 .

Associated British Foods's change in receivables for the fiscal year that ended in Aug. 2023 was £-107 Mil. It means Associated British Foods's Accounts Receivable increased by £107 Mil from Aug. 2022 to Aug. 2023 .

Associated British Foods's Accounts Receivable for the quarter that ended in Feb. 2024 was £1,677 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. Associated British Foods's Days Sales Outstanding for the six months ended in Feb. 2024 was 31.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Associated British Foods's liquidation value for the six months ended in Feb. 2024 was £-3,426 Mil.

Associated British Foods Change In Receivables Historical Data

The historical data trend for Associated British Foods'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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Associated British Foods Change In Receivables Chart

Associated British Foods Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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18.00

81.00

-98.00

-288.00

-107.00

Associated British Foods Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-122.00	-166.00	-115.00	8.00	57.00

Associated British Foods 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 Feb. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £65 Mil.

Associated British Foods (LSE:ABF) 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.

Associated British Foods's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1677	/	9734	*	91
=	31.44

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

Associated British Foods's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1268	-	7576	+	0.75 * 1677	+	0.5 * 3248
=	-3,426

Associated British Foods Change In Receivables Related Terms

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Associated British Foods (LSE:ABF) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Associated British Foods PLC (LSE:ABF) » Definitions » Change In Receivables

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ASBFY:USA ASBFF:USA ABFl:UK AFO1:Germany

Address

10 Grosvenor Street, Weston Centre, London, GBR, W1K 4QY

Website

https://www.abf.co.uk

Associated British Foods is a diversified international retail, food, and ingredients group with 130,000 employees and operations in 50 countries across Europe, southern Africa, the Americas, Asia, and Australia. The group sells branded grocery products, grows and processes sugar, supplies farmers with crop input and animal feed, and runs the popular Primark clothing retail chain. It also supplies ingredients like baker's yeast, enzymes, lipids, and cereal specialities. Some 40% of sales are in the U.K., and Primark generates more than half of the firm's operating profit.

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