IFF (International Flavors & Fragrances) Change In Receivables : $-147 Mil (TTM As of Sep. 2024)

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What is International Flavors & Fragrances Change In Receivables?

International Flavors & Fragrances's change in receivables for the quarter that ended in Sep. 2024 was $17 Mil. It means International Flavors & Fragrances's Accounts Receivable declined by $17 Mil from Jun. 2024 to Sep. 2024 .

International Flavors & Fragrances's change in receivables for the fiscal year that ended in Dec. 2023 was $51 Mil. It means International Flavors & Fragrances's Accounts Receivable declined by $51 Mil from Dec. 2022 to Dec. 2023 .

International Flavors & Fragrances's Accounts Receivable for the quarter that ended in Sep. 2024 was $1,772 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. International Flavors & Fragrances's Days Sales Outstanding for the three months ended in Sep. 2024 was 55.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. International Flavors & Fragrances's liquidation value for the three months ended in Sep. 2024 was $-12,055 Mil.

International Flavors & Fragrances Change In Receivables Historical Data

The historical data trend for International Flavors & Fragrances'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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International Flavors & Fragrances Change In Receivables Chart

International Flavors & Fragrances Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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60.00

-61.00

-169.00

-117.00

51.00

International Flavors & Fragrances Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-8.00	129.00	-290.00	-3.00	17.00

International Flavors & Fragrances 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-147 Mil.

International Flavors & Fragrances (NYSE:IFF) 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.

International Flavors & Fragrances's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1772	/	2925	*	91
=	55.28

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

International Flavors & Fragrances's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	567	-	15118	+	0.75 * 1772	+	0.5 * 2335
=	-12,055

International Flavors & Fragrances Change In Receivables Related Terms

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International Flavors & Fragrances Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » International Flavors & Fragrances Inc (NYSE:IFF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

IFF:Germany IFF:Germany I1CE34:Brazil IFF:Austria IFF:Argentina

Address

521 West 57th Street, New York, NY, USA, 10019-2960

Website

https://www.iff.com

International Flavors & Fragrances is the largest specialty ingredients producer globally. The company sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world.

Executives

Yuvraj Arora	officer: President, Nourish	INTERNATIONAL FLOWERS & FRAGRANCES, 521 WEST 57TH STREET, NEW YORK NY 10019
Angela Strzelecki	officer: President, Pharma Solutions	INTERNATIONAL FLAVORS & FRAGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Fauchon De Villeplee Christophe	officer: President, Scent	INTERNATIONAL FLAVORS & FRANGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Kevin O'byrne	director	INTERNATIONAL FLAVORS & FRAGRANCES, 521 WEST 57TH STREET, NEW YORK NY 10019
Dawn C Willoughby	director	1221 BROADWAY, OAKLAND CA 94612
Gaoxiang Hu	director	16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Mark J Costa	director	200 SOUTH WILCOX DRIVE, P.O. BOX 431, KINGSPORT TN 37660
Ralf Finzel	officer: EVP, Global Operations Officer	INTERNATIONAL FLAVORS & FRAGRANCES, 521 WEST 57TH STREET, NEW YORK NY 10019
Beril Yildiz	officer: CAO, SVP & Controller	ONE NEW YORK PLAZA, NEW YORK NY 10004
Deborah Borg	officer: EVP, Chief HR and D&I Officer	BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Francisco Fortanet	officer: SVP, Operations	521 WEST 57TH STREET, NEW YORK NY 10019
Frank Clyburn	officer: Chief Executive Officer	2000 GALLOPING HILL ROAD, KENILWORTH NJ 07033
Barry A. Bruno	director	500 CHARLES EWING BLVD, EWING NJ 08628
Glenn R Richter	officer: CFO	3333 BEVERLY ROAD, B6 277A, HOFFMAN ESTATES IL 60179
Edward D Breen	director	C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019