Nomad Foods (Nomad Foods) Change In Receivables : $1 Mil (TTM As of Dec. 2023)

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What is Nomad Foods Change In Receivables?

Nomad Foods's change in receivables for the quarter that ended in Dec. 2023 was $35 Mil. It means Nomad Foods's Accounts Receivable declined by $35 Mil from Sep. 2023 to Dec. 2023 .

Nomad Foods's change in receivables for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Nomad Foods's Accounts Receivable declined by $0 Mil from Dec. 2022 to Dec. 2023 .

Nomad Foods's Accounts Receivable for the quarter that ended in Dec. 2023 was $227 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. Nomad Foods's Days Sales Outstanding for the three months ended in Dec. 2023 was 24.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nomad Foods's liquidation value for the three months ended in Dec. 2023 was $-3,307 Mil.

Nomad Foods Change In Receivables Historical Data

The historical data trend for Nomad 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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Nomad Foods Change In Receivables Chart

Nomad Foods Annual Data

Trend

Dec14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-38.22

-2.19

27.23

-40.57

0.33

Nomad Foods 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															54.77	-57.50	11.16	12.17	35.22

Nomad 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1 Mil.

Nomad Foods (NYSE:NOMD) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	227.154	/	829.662	*	91
=	24.98

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

Nomad Foods'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)
=	450.055	-	4170.992	+	0.75 * 227.154	+	0.5 * 486.805
=	-3,307

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Nomad Foods (Nomad Foods) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nomad Foods Ltd (NYSE:NOMD) » Definitions » Change In Receivables

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NOMD:Mexico 0NH:Germany

Address

No. 1 New Square, Bedfont Lakes Business Park, Feltham, Middlesex, GBR, TW14 8HA

Website

https://www.nomadfoods.com

Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distribution of branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, and ready meals. It sells its products primarily through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Scandinavia, and Iglo in Germany and other continental markets. The company operates through a single segment being Frozen. The majority of the revenue is generated from the United Kingdom.