Axfood AB (LTS:0R6R) Change In Receivables : kr0 Mil (TTM As of Mar. 2024)

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What is Axfood AB Change In Receivables?

Axfood AB's change in receivables for the quarter that ended in Mar. 2024 was kr0 Mil. It means Axfood AB's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Axfood AB's change in receivables for the fiscal year that ended in Dec. 2023 was kr22 Mil. It means Axfood AB's Accounts Receivable declined by kr22 Mil from Dec. 2022 to Dec. 2023 .

Axfood AB's Accounts Receivable for the quarter that ended in Mar. 2024 was kr2,241 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. Axfood AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Axfood AB's liquidation value for the three months ended in Mar. 2024 was kr-20,070 Mil.

Axfood AB Change In Receivables Historical Data

The historical data trend for Axfood AB'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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Axfood AB Change In Receivables Chart

Axfood AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-125.00

-52.00

-467.00

-340.00

22.00

Axfood AB 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															-	-	-	-	-

Axfood AB 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 kr0 Mil.

Axfood AB (LTS:0R6R) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2241	/	20252	*	91
=	10.10

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

Axfood AB'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)
=	817	-	24760	+	0.75 * 2241	+	0.5 * 4384
=	-20,070

Axfood AB Change In Receivables Related Terms

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Axfood AB (LTS:0R6R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Axfood AB (LTS:0R6R) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

AXFOY:USA AXFO:Sweden AXFOs:UK AXL1:Germany

Address

Solnavagen 4, Stockholm, SWE, 113 65

Website

https://www.axfood.se

Axfood AB operates food retail and wholesale businesses in Sweden. Its operating segments include Willys, Hemkop, Dagab, and Snabbgross. The Willys segment operates two discount grocery chains: Willys and Eurocash. Willys is Sweden's primary discount market chain, while Eurocash serves mainly the Norwegian-Swedish border. Hemkop offers a wide range of fresh products for meal solutions. Dagab is engaged in the wholesale purchasing and logistics business. Narlivs operates within this segment as a wholesaler serving independent grocers and convenience retailers. This segment contributes to the majority of the company's revenue. Snabbgross is a restaurant wholesaler, catering primarily to cafes, fast-food establishments, and high-end restaurants.

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