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Ingredion (Ingredion) Change In Receivables : $77 Mil (TTM As of Dec. 2023)


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What is Ingredion Change In Receivables?

Ingredion's change in receivables for the quarter that ended in Dec. 2023 was $83 Mil. It means Ingredion's Accounts Receivable declined by $83 Mil from Sep. 2023 to Dec. 2023 .

Ingredion's change in receivables for the fiscal year that ended in Dec. 2023 was $77 Mil. It means Ingredion's Accounts Receivable declined by $77 Mil from Dec. 2022 to Dec. 2023 .

Ingredion's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,279 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. Ingredion's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ingredion's liquidation value for the three months ended in Dec. 2023 was $-1,899 Mil.


Ingredion Change In Receivables Historical Data

The historical data trend for Ingredion'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.

Ingredion Change In Receivables Chart

Ingredion 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 -61.00 -3.00 -162.00 -310.00 77.00

Ingredion 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 -34.00 -44.00 76.00 -38.00 83.00

Ingredion 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 $77 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.


Ingredion  (NYSE:INGR) 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.

Ingredion's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1279/1921*91
=60.75

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

Ingredion'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)
=409-3992+0.75 * 1279+0.5 * 1450
=-1,899

* 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.


Ingredion Change In Receivables Related Terms

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Ingredion (Ingredion) Business Description

Traded in Other Exchanges
Address
5 Westbrook Corporate Center, Westchester, IL, USA, 60154
Ingredion is an ingredients provider for the food, beverage, brewing, and animal nutrition industries. The company processes corn, tapioca, potatoes, stevia, grains, fruits, gums, and vegetables into value-added ingredients. The company has two main product lines: specialty and core ingredients. Specialty ingredients includes starch-based texturizers, natural alternative sweeteners such as stevia, and plant proteins for alternative dairy and snacks. Core ingredients includes sweeteners, such as high-fructose corn syrup, and commodity starches, such as those used for sustainable packaging.
Executives
David Eric Seip officer: SVP, Global Ops & CSCO 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jorge A. Uribe director 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jinghuai Xu officer: SVP, Chief Innovation Officer 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Larry Fernandes officer: Sr VP and Chief Commercial Off 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
James D Gray officer: Executive VP and CFO 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Davida Marie Gable officer: VP, Controller & Global SS 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Patricia Verduin director ONE CONAGRA DRIVE, OMAHA NE 68102
Robert A. Ritchie officer: SVP, Food & Industrial Ingred. 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Valdirene Bastos-licht officer: Sr. VP and Pres, Asia-Pacific 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Perez Y Landazuri Pierre officer: SVP and President, EMEA 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Jorgen Kokke officer: VP and GM, Asia-Pacific 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
James P. Zallie officer: Exec. VP & Pres, Global Ingred 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Charles V. Magro director C/O CORTEVA, INC., 974 CENTRE ROAD, CRP 735, WILMINGTON DE 19805
Nancy Wolfe officer: SVP and Chief HR Officer 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60015
Jaeger De Foras Tanya Martina officer: Chief Legal Officer, Corp. Sec 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154