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Armstrong World Industries (BSP:AWII34) Change In Receivables : R$-54 Mil (TTM As of Mar. 2024)


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What is Armstrong World Industries Change In Receivables?

Armstrong World Industries's change in receivables for the quarter that ended in Mar. 2024 was R$-125 Mil. It means Armstrong World Industries's Accounts Receivable increased by R$125 Mil from Dec. 2023 to Mar. 2024 .

Armstrong World Industries's change in receivables for the fiscal year that ended in Dec. 2023 was R$-8 Mil. It means Armstrong World Industries's Accounts Receivable increased by R$8 Mil from Dec. 2022 to Dec. 2023 .

Armstrong World Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was R$600 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. Armstrong World Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Armstrong World Industries's liquidation value for the three months ended in Mar. 2024 was R$-4,240 Mil.


Armstrong World Industries Change In Receivables Historical Data

The historical data trend for Armstrong World Industries'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.

Armstrong World Industries Change In Receivables Chart

Armstrong World Industries 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 -4.52 65.34 -174.74 -65.04 -7.84

Armstrong World Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -83.86 27.18 8.40 35.28 -124.99

Armstrong World Industries 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-54 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.


Armstrong World Industries  (BSP:AWII34) 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.

Armstrong World Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=600.066/1624.909*91
=33.70

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

Armstrong World Industries's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=346.594-5301.993+0.75 * 600.066+0.5 * 529.851
=-4,240

* 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.


Armstrong World Industries Change In Receivables Related Terms

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Armstrong World Industries (BSP:AWII34) Business Description

Traded in Other Exchanges
Address
2500 Columbia Avenue, Lancaster, PA, USA, 17603
Armstrong World Industries Inc is engaged in the design, innovation and manufacture of ceiling and wall solutions in the Americas. The products include mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt. The company also manufactures ceiling suspension system (grid) products through a joint venture with Worthington Industries, Inc. called Worthington Armstrong Venture (WAVE).

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