GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » General Dynamics Corp (FRA:GDX) » Definitions » Change In Receivables

General Dynamics (FRA:GDX) Change In Receivables : €-378 Mil (TTM As of Mar. 2024)


View and export this data going back to 1952. Start your Free Trial

What is General Dynamics Change In Receivables?

General Dynamics's change in receivables for the quarter that ended in Mar. 2024 was €-583 Mil. It means General Dynamics's Accounts Receivable increased by €583 Mil from Dec. 2023 to Mar. 2024 .

General Dynamics's change in receivables for the fiscal year that ended in Dec. 2023 was €872 Mil. It means General Dynamics's Accounts Receivable declined by €872 Mil from Dec. 2022 to Dec. 2023 .

General Dynamics's Accounts Receivable for the quarter that ended in Mar. 2024 was €2,869 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. General Dynamics's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. General Dynamics's liquidation value for the three months ended in Mar. 2024 was €-23,613 Mil.


General Dynamics Change In Receivables Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Change In Receivables Chart

General Dynamics 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 -1,014.30 209.61 -240.72 -198.24 872.07

General Dynamics 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 677.15 -342.43 4.69 542.86 -583.28

General Dynamics 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 €-378 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.


General Dynamics  (FRA:GDX) 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.

General Dynamics's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2869.48/9872.52*91
=26.52

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

General Dynamics'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)
=953.12-31129.12+0.75 * 2869.48+0.5 * 8821.88
=-23,613

* 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.


General Dynamics Change In Receivables Related Terms

Thank you for viewing the detailed overview of General Dynamics's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


General Dynamics (FRA:GDX) Business Description

Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (FRA:GDX) Headlines

From GuruFocus

Mader & Shannon Wealth Management, Inc. Buys VanEck Gold Miners ETF

By GuruFocus Research GuruFocus Editor 01-28-2022

Is Investing in Gold Advisable in 2022?

By Annie Oeth 03-21-2022