Fresh Del Monte Produce (FRA:FDM) Change In Receivables : €-19 Mil (TTM As of Mar. 2024)

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What is Fresh Del Monte Produce Change In Receivables?

Fresh Del Monte Produce's change in receivables for the quarter that ended in Mar. 2024 was €-49 Mil. It means Fresh Del Monte Produce's Accounts Receivable increased by €49 Mil from Dec. 2023 to Mar. 2024 .

Fresh Del Monte Produce's change in receivables for the fiscal year that ended in Dec. 2023 was €-18 Mil. It means Fresh Del Monte Produce's Accounts Receivable increased by €18 Mil from Dec. 2022 to Dec. 2023 .

Fresh Del Monte Produce's Accounts Receivable for the quarter that ended in Mar. 2024 was €400 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. Fresh Del Monte Produce's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fresh Del Monte Produce's liquidation value for the three months ended in Mar. 2024 was €-567 Mil.

Fresh Del Monte Produce Change In Receivables Historical Data

The historical data trend for Fresh Del Monte Produce'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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Fresh Del Monte Produce Change In Receivables Chart

Fresh Del Monte Produce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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19.89

13.23

-12.30

-35.31

-17.70

Fresh Del Monte Produce 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															-47.26	5.82	34.86	-11.19	-48.67

Fresh Del Monte Produce 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 €-19 Mil.

Fresh Del Monte Produce (FRA:FDM) 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.

Fresh Del Monte Produce's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	400.2	/	1019.268	*	91
=	35.83

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

Fresh Del Monte Produce'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)
=	38.824	-	1170.148	+	0.75 * 400.2	+	0.5 * 529.092
=	-567

Fresh Del Monte Produce Change In Receivables Related Terms

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Fresh Del Monte Produce (FRA:FDM) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fresh Del Monte Produce Inc (FRA:FDM) » Definitions » Change In Receivables

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FDP:USA

Address

87 Mary Street, George Town, P.O. Box 698, 4th Floor, Apollo House, c/o H&C Corporate Services Ltd, Grand Cayman, CYM, KY1-1107

Website

https://www.freshdelmonte.com

Fresh Del Monte Produce Inc is an integrated producer, marketer & distributor of high-quality & fresh-cut fruit & vegetables. It operates in three segments, Fresh and value-added products segment, which includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, other fruit and vegetables, avocados, and prepared foods, Banana segment & Other products and services segment, including the third-party freight & logistic services business & the Jordanian poultry and meats business. The majority is from the Fresh and value-added products segment. Geographically, it operates in North America, Europe, Asia, the Middle East, and Other, out of which the highest is from North America.