Grupo HerdezB de CV (MEX:HERDEZ) Change In Receivables : MXN343 Mil (TTM As of Mar. 2024)

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What is Grupo HerdezB de CV Change In Receivables?

Grupo HerdezB de CV's change in receivables for the quarter that ended in Mar. 2024 was MXN854 Mil. It means Grupo HerdezB de CV's Accounts Receivable declined by MXN854 Mil from Dec. 2023 to Mar. 2024 .

Grupo HerdezB de CV's change in receivables for the fiscal year that ended in Dec. 2023 was MXN-373 Mil. It means Grupo HerdezB de CV's Accounts Receivable increased by MXN373 Mil from Dec. 2022 to Dec. 2023 .

Grupo HerdezB de CV's Accounts Receivable for the quarter that ended in Mar. 2024 was MXN4,035 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. Grupo HerdezB de CV's Days Sales Outstanding for the three months ended in Mar. 2024 was 41.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grupo HerdezB de CV's liquidation value for the three months ended in Mar. 2024 was MXN-11,862 Mil.

Grupo HerdezB de CV Change In Receivables Historical Data

The historical data trend for Grupo HerdezB de CV'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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Grupo HerdezB de CV Change In Receivables Chart

Grupo HerdezB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-214.38

136.15

-911.67

303.02

-373.09

Grupo HerdezB de CV 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															138.11	-243.91	159.52	-426.81	854.16

Grupo HerdezB de CV 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 MXN343 Mil.

Grupo HerdezB de CV (MEX:HERDEZ) 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.

Grupo HerdezB de CV's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4034.971	/	8886.001	*	91
=	41.43

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

Grupo HerdezB de CV'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)
=	3880.53	-	21166.807	+	0.75 * 4034.971	+	0.5 * 4796.679
=	-11,862

Grupo HerdezB de CV Change In Receivables Related Terms

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Grupo HerdezB de CV (MEX:HERDEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grupo Herdez SAB de CV (MEX:HERDEZ) » Definitions » Change In Receivables

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Traded in Other Exchanges

GUZOF:USA

Address

Monte Pelvaoux 215, Col. Lomas de Chapultepec, Miguel Hidalgo, Mexico, MEX, 11000

Website

http://www.grupoherdez.com.mx

Grupo Herdez SAB de CV specialises in the processed food and ice cream industries, with its operations primarily in Mexico. The company engages in the manufacturing, purchasing, distributing, and marketing of canned and packaged food products in Mexico, as well as food products at the Mexican food segment within the United States. Product segments include burritos, canned vegetables, frozen yogurt, guacamole, and home-style salsas. Products are then sold through a variety of brands, such as Aires de Campo, Barilla, Bufalo and many more.

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