Macy's (FRA:FDO) Change In Receivables : €6 Mil (TTM As of Jan. 2024)

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What is Macy's Change In Receivables?

Macy's's change in receivables for the quarter that ended in Jan. 2024 was €-69 Mil. It means Macy's's Accounts Receivable increased by €69 Mil from Oct. 2023 to Jan. 2024 .

Macy's's change in receivables for the fiscal year that ended in Jan. 2024 was €6 Mil. It means Macy's's Accounts Receivable declined by €6 Mil from Jan. 2023 to Jan. 2024 .

Macy's's Accounts Receivable for the quarter that ended in Jan. 2024 was €269 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. Macy's's Days Sales Outstanding for the three months ended in Jan. 2024 was 3.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Macy's's liquidation value for the three months ended in Jan. 2024 was €-7,963 Mil.

Macy's Change In Receivables Historical Data

The historical data trend for Macy's'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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Macy's Change In Receivables Chart

Macy's Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Receivables

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-8.11

108.37

-18.56

-2.78

6.43

Macy's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-89.09	41.04	28.93	4.74	-68.85

Macy's 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €6 Mil.

Macy's (FRA:FDO) 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.

Macy's's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	268.974	/	7688.25	*	91
=	3.19

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

Macy's's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	949.212	-	11116.062	+	0.75 * 268.974	+	0.5 * 4003.398
=	-7,963

Macy's Change In Receivables Related Terms

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Macy's (FRA:FDO) Business Description

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Address

151 West 34th Street, New York, NY, USA, 10001

Website

https://www.macysinc.com

Founded in 1858 and based in New York City, Macy's operates about 550 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and 158 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses two Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances composed 61% of Macy's 2022 sales.

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