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General Mills Change In Receivables

: $-21 Mil (TTM As of Feb. 2021)
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General Mills's change in receivables for the quarter that ended in Feb. 2021 was $16 Mil. It means General Mills's Accounts Receivable declined by $16 Mil from Nov. 2020 to Feb. 2021 .

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 declined by $38 Mil from May. 2019 to May. 2020 .

General Mills's Accounts Receivable for the quarter that ended in Feb. 2021 was $1,776 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 Feb. 2021 was 35.86.

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 Feb. 2021 was $-18,495 Mil.


General Mills Change In Receivables Historical Data

* 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.

General Mills Annual Data
Trend 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
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
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 36.70 98.20 7.20 -142.40 16.00

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 Feb. 2021 was 98.2 (May. 2020 ) + 7.2 (Aug. 2020 ) + -142.4 (Nov. 2020 ) + 16 (Feb. 2021 ) = $-21 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.


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 Feb. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1776.2/4520*91
=35.86

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 Feb. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2754.2-23460.9+0.75 * 1776.2+0.5 * 1758.8
=-18,495

* 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.


General Mills Change In Receivables Related Terms


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