KLG (WK Kellogg Co) Accounts Receivable : $168 Mil (As of Dec. 2024)

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What is WK Kellogg Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. WK Kellogg Co's accounts receivables for the quarter that ended in Dec. 2024 was $168 Mil.

Accounts receivable can be measured by Days Sales Outstanding. WK Kellogg Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 23.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. WK Kellogg Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-15.13.

WK Kellogg Co Accounts Receivable Historical Data

The historical data trend for WK Kellogg Co's Accounts Receivable 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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WK Kellogg Co Accounts Receivable Chart

WK Kellogg Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

205.00

122.00

213.00

225.00

168.00

WK Kellogg Co Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial									225.00	223.00	188.00	168.00	168.00

WK Kellogg Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

WK Kellogg Co Accounts Receivable 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 receivables are being managed.

WK Kellogg Co's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	168	/	640	*	91
=	23.95

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), WK Kellogg Co's accounts receivable are only considered to be worth 75% of book value:

WK Kellogg Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(40	+	0.75 * 168	+	0.5 * 353	-	1645
-	0	-	0)	/	86.101
=	-15.13

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

WK Kellogg Co Accounts Receivable Related Terms

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WK Kellogg Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WK Kellogg Co (NYSE:KLG) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

KU9:Germany

Address

One Kellogg Square, Battle Creek, MI, USA, 49016-3599

Website

https://www.wkkellogg.com

WK Kellogg is the second-largest cereal manufacturer in North America. Its cereal brands include Special K, Frosted Flakes, Raisin Bran, Froot Loops, Frosted Mini-Wheats, Kashi, Corn Flakes, Rice Krispies, Apple Jacks, and Bear Naked. The company was spun off from the former Kellogg business, now known as Kellanova, where the former firm's global snacks portfolio and international cereal brands are now housed. WK Kellogg, which began trading independently in October 2023, generates the bulk of its sales (about 88% of its fiscal 2024 base) in the US.

Executives

G Zachary Gund	director	14 NASSAU STREET, PRINETON NJ 08542
Ramon Murguia	director	ONE MICHIGAN AVENUE EAST, BATTLE CREEK MI 49017-4058
Sherry Brice	officer: Chief Supply Chain Officer	C/O WK KELLOGG CO, ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Norma Barnes-euresti	director	ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
David Mckinstray	officer: Chief Financial Officer	ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Gary H Pilnick	director, officer: President
Doug Vandevelde	officer: Chief Growth Officer	ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Bruce Alan Brown	officer: Chief Customer Officer	ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Michael Corbo	director	C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Mindy Sherwood	director	C/O WK KELLOGG CO, ONE KELLOGG SQUARE, BATTLE CREEK MI 49016
Julio N Nemeth	director	ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
R David Banyard	director	MYERS INDUSTRIES INC., 1293 SOUTH MAIN STREET, AKRON OH 44301
Kellogg W K Foundation Trust	10 percent owner	50 S. LA SALLE ST., B-10, CHICAGO IL 60603
Kellogg W K Foundation	10 percent owner
Ellanova	10 percent owner	412 N WELLS ST, CHICAGO IL 60654