Flour Mills Nigeria (NSA:FMNL) Change In Receivables : ₦-9,715 Mil (TTM As of Mar. 2023)

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What is Flour Mills Nigeria Change In Receivables?

Flour Mills Nigeria's change in receivables for the quarter that ended in Mar. 2023 was ₦-9,715 Mil. It means Flour Mills Nigeria's Accounts Receivable increased by ₦9,715 Mil from Mar. 2022 to Mar. 2023 .

Flour Mills Nigeria's change in receivables for the fiscal year that ended in Mar. 2023 was ₦-9,715 Mil. It means Flour Mills Nigeria's Accounts Receivable increased by ₦9,715 Mil from Mar. 2022 to Mar. 2023 .

Flour Mills Nigeria's Accounts Receivable for the quarter that ended in Mar. 2023 was ₦32,923 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. Flour Mills Nigeria's Days Sales Outstanding for the six months ended in Mar. 2023 was 3.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Flour Mills Nigeria's liquidation value for the six months ended in Mar. 2023 was ₦-581,256 Mil.

Flour Mills Nigeria Change In Receivables Historical Data

The historical data trend for Flour Mills Nigeria'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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Flour Mills Nigeria Change In Receivables Chart

Flour Mills Nigeria Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-8,954.82

-1,902.08

451.71

-18,915.98

-9,714.67

Flour Mills Nigeria Semi-Annual Data
	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Change In Receivables	Get a 7-Day Free Trial								-8,954.82	-1,902.08	451.71	-18,915.98	-9,714.67

Flour Mills Nigeria 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2023 was ₦-9,715 Mil.

Flour Mills Nigeria (NSA:FMNL) 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.

Flour Mills Nigeria's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	32923.499	/	1539654.788	*	91
=	3.90

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

Flour Mills Nigeria's liquidation value for the quarter that ended in Mar. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	97702.029	-	872171.503	+	0.75 * 32923.499	+	0.5 * 337040.914
=	-581,256

Flour Mills Nigeria Change In Receivables Related Terms

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Flour Mills Nigeria (NSA:FMNL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Flour Mills Nigeria PLC (NSA:FMNL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wharf Road, 1, Golden Penny Place, Apapa, Lagos, NGA

Website

https://www.fmnplc.com

Flour Mills Nigeria PLC is an investment holding company. The company's operating segment includes Food; Agro Allied; Sugar and Support Services. It generates maximum revenue from the Food segment which includes milling and sales of flour and production and sales of pasta, snacks, and noodles. Its Agro-Allied segment includes farming of maize, cassava, soya, sugar cane and oil palm and production and sales of fertilizer, edible oils and livestock feeds. The Sugar segment includes the cultivation and processing of sugarcane, refining and selling of sugar and sale of by-products from sugar refining.

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