Switch to:

General Mills Change In Receivables

: $38 Mil (TTM As of May. 2020)
View and export this data going back to 1952. Start your Free Trial

General Mills's change in receivables for the quarter that ended in May. 2020 was $98 Mil. It means General Mills's Accounts Receivable increased by $98 Mil from Feb. 2020 to May. 2020 .

General Mills's change in receivables for the fiscal year that ended in May. 2020 was $38 Mil. It means General Mills's Accounts Receivable increased by $38 Mil from May. 2019 to May. 2020 .

General Mills's Accounts Receivable for the quarter that ended in May. 2020 was $1,615 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. General Mills's Days Sales Outstanding for the three months ended in May. 2020 was 29.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. General Mills's liquidation value for the three months ended in May. 2020 was $-18,855 Mil.

General Mills Change In Receivables Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

General Mills Annual Data
May11 May12 May13 May14 May15 May16 May17 May18 May19 May20
Change In Receivables Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6.90 -69.20 -122.70 -42.70 37.90

General Mills Quarterly Data
Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
Change In Receivables 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 Premium Member Only Premium Member Only Premium Member Only 8.20 -37.40 -59.60 36.70 98.20

General Mills 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 May. 2020 was -37.4 (Aug. 2019 ) + -59.6 (Nov. 2019 ) + 36.7 (Feb. 2020 ) + 98.2 (May. 2020 ) = $38 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

General Mills  (NYSE:GIS) 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.

General Mills's Days Sales Outstanding for the quarter that ended in May. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1615.1/5023*91
=29.34

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

General Mills's liquidation value for the quarter that ended in May. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1677.8-22457.2+0.75 * 1615.1+0.5 * 1426.3
=-18,855

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

General Mills Change In Receivables Related Terms

General Mills Change In Receivables Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)