Kennametal (Kennametal) Change In Receivables

: $5 Mil (TTM As of Dec. 2023)

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Kennametal's change in receivables for the quarter that ended in Dec. 2023 was $3 Mil. It means Kennametal's Accounts Receivable declined by $3 Mil from Sep. 2023 to Dec. 2023 .

Kennametal's change in receivables for the fiscal year that ended in Jun. 2023 was $-12 Mil. It means Kennametal's Accounts Receivable increased by $12 Mil from Jun. 2022 to Jun. 2023 .

Kennametal's Accounts Receivable for the quarter that ended in Dec. 2023 was $291 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. Kennametal's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kennametal's liquidation value for the three months ended in Dec. 2023 was $-622 Mil.

Kennametal Change In Receivables Historical Data

The historical data trend for Kennametal'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.

Kennametal Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

17.32

128.72

-53.32

-14.43

-11.54

Kennametal 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																-1.34	-20.39	4.88	17.94	2.51

Kennametal 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 $5 Mil.

Kennametal (NYSE:KMT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	290.547	/	495.32	*	91
=	53.53

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

Kennametal'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)
=	90.735	-	1216.248	+	0.75 * 290.547	+	0.5 * 570.785
=	-622

Kennametal Change In Receivables Related Terms

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Kennametal (Kennametal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kennametal Inc (NYSE:KMT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

KM3:Germany

Address

525 William Penn Place, Suite 3300, Pittsburgh, PA, USA, 15219

Website

https://www.kennametal.com

Kennametal Inc is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates in two business segments: Metal Cutting and infrastructure. It generates maximum revenue from the Metal Cutting segment. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions to diverse end markets, including aerospace, general engineering, energy, and transportation. Geographically, it derives a majority of revenue from the United States.

Executives

William J. Harvey	director	26 PHEASANT'S RIDGE SOUTH, GREENVILLE DE 19807
Cindy L Davis	director	2635 SW GRENWOLDE PLACE, PORTLAND OR 97201
William M Lambert	director	C/O MSA SAFETY, 1000 CRANBERRY WOODS DRIVE, CRANBERRY TWP PA 16066
Joseph Alvarado	director	705 N. BAR Y ROAD, P.O. BOX 11368, JACKSON WY 83002
Christopher Rossi	officer: President and CEO	C/O KENNAMETAL INC., 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
John Wayne Witt	officer: Vice President	525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Sanjay Chowbey	officer: Vice President	525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Franklin Cardenas	officer: Vice President	525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Steven H Wunning	director	471 EAST HIGH POINT DRIVE, PEORIA IL 61614
Lorraine M Martin	director	1121 SPRING LAKE DRIVE, ITASCA IL 60143
Paul Sternlieb	director	70 WEST MADISON SUITE 4400, CHICAGO IL 60602
Judith L Bacchus	officer: Vice President	525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Patrick S Watson	officer: Vice President	525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Ronald L Port	officer: Vice President	525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
Lawrence W Stranghoener	director	2035 KIMBERLY COURT, PLYMOUTH MN 55447