Honeywell Flour Mills (NSA:HFM) Change In Receivables: ₦-27,273 Mil (TTM As of Mar. 2025)

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NSA:HFM Honeywell Flour Mills PLC NSA:HFM
68 GF Score
Price ₦16.90
GF Value ₦10.46
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Honeywell Flour Mills Change In Receivables?

Honeywell Flour Mills NSA:HFM +3.36% 68 Change In Receivables is ₦-27,273 Mil as of Mar. 2025. GuruFocus rates NSA:HFM with a GF Score™ of 68/100 and a GF Value™ of ₦10.46 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Honeywell Flour Mills's change in receivables for the quarter that ended in Mar. 2025 was ₦-27,273 Mil. It means Honeywell Flour Mills's Accounts Receivable increased by ₦27,273 Mil from Mar. 2024 to Mar. 2025 .

Honeywell Flour Mills's change in receivables for the fiscal year that ended in Mar. 2025 was ₦-27,273 Mil. It means Honeywell Flour Mills's Accounts Receivable increased by ₦27,273 Mil from Mar. 2024 to Mar. 2025 .

Honeywell Flour Mills's Accounts Receivable for the quarter that ended in Mar. 2025 was ₦27,507 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. Honeywell Flour Mills's Days Sales Outstanding for the six months ended in Mar. 2025 was 13.44.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Honeywell Flour Mills's liquidation value for the six months ended in Mar. 2025 was ₦-80,044 Mil.


Honeywell Flour Mills  (NSA:HFM) 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.

Honeywell Flour Mills's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=27507.176/373509.245*91
=13.44

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

Honeywell Flour Mills's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5264.55-130001.074+0.75 * 27507.176+0.5 * 48124.593
=-80,044

* 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.


Honeywell Flour Mills Change In Receivables Related Terms


Honeywell Flour Mills Change In Receivables Historical Data

* Premium members only.

The historical data trend for Honeywell Flour Mills'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.

Honeywell Flour Mills Change In Receivables Chart

Honeywell Flour Mills Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,787.58 -10.63 1,937.47 -1,307.80 -27,272.68

Honeywell Flour Mills Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
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 1,787.58 -10.63 1,937.47 -1,307.80 -27,272.68
NSA:HFM
68GF Score
Honeywell Flour Mills PLC NSA:HFM
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Honeywell Flour Mills 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. 2025 was ₦-27,273 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of ₦-27,273 Mil mean?
Honeywell Flour Mills (NSA:HFM) has a Change In Receivables of ₦-27,273 Mil as of Mar. 2025. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Honeywell Flour Mills and its competitors.
Is Honeywell Flour Mills' Change In Receivables too high?
Honeywell Flour Mills' current Change In Receivables is ₦-27,273 Mil. Overall, Honeywell Flour Mills has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Honeywell Flour Mills' Change In Receivables compare to KHC and GIS?
Honeywell Flour Mills' Change In Receivables of ₦-27,273 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Consumer Packaged Goods company?
A good Change In Receivables depends on the Consumer Packaged Goods industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Honeywell Flour Mills and its competitors. Honeywell Flour Mills's current Change In Receivables is ₦-27,273 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Honeywell Flour Mills stock overvalued right now?
Based on GuruFocus' analysis, Honeywell Flour Mills (NSA:HFM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦10.46, compared to a current price of ₦16.90 — trading 61.6% above its estimated fair value. The current Change In Receivables is ₦-27,273 Mil. Honeywell Flour Mills' overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Honeywell Flour Mills (NSA:HFM), the current Change In Receivables is ₦-27,273 Mil as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Honeywell Flour Mills (NSA:HFM) Overvalued in 2026?

Based on GuruFocus' analysis, Honeywell Flour Mills stock appears to be overvalued. The current stock price of ₦16.90 is trading 61.6% above its estimated GF Value™ of ₦10.46. GuruFocus considers Honeywell Flour Mills to be Significantly Overvalued.

Key valuation signals for NSA:HFM:

  • Change In Receivables: ₦-27,273 Mil
  • GF Value™: ₦10.46 vs. price of ₦16.90 (61.6% above fair value)
  • GF Score™: 68/100 with 2 warning signs

No single metric tells the full story. See the NSA:HFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Honeywell Flour Mills Business Description

Address Wharf road, No. 1 Golden penny place, Apapa, Lagos, NGA
Honeywell Flour Mills PLC is a Nigerian food manufacturing company specializing in the production and marketing of wheat-based products such as flour, semolina, whole wheat meal, noodles, and pasta. It distributes products across Nigeria through an extensive logistics and retail network. Honeywell Flour Mills is ISO-certified and part of the Flour Mills of Nigeria Plc group, benefiting from group synergies in a closely regulated sector. The Company's business reportable segments are identified by the factories located at Apapa, and Sagamu. The Apapa segment manufactures Flour, Semo and Wheat meal while Sagamu segments manufacture Noodles and Pasta. The Apapa generates the maximum revenue for the company.
68GF Score

Get the complete analysis for NSA:HFM

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦16.90
Price
₦10.46
GF Value