Solventum (Solventum) Change In Receivables : $-83 Mil (TTM As of Mar. 2024)

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What is Solventum Change In Receivables?

Solventum's change in receivables for the quarter that ended in Mar. 2024 was $78 Mil. It means Solventum's Accounts Receivable declined by $78 Mil from Dec. 2023 to Mar. 2024 .

Solventum's change in receivables for the fiscal year that ended in Dec. 2023 was $-129 Mil. It means Solventum's Accounts Receivable increased by $129 Mil from Dec. 2022 to Dec. 2023 .

Solventum's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,220 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. Solventum's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Solventum's liquidation value for the three months ended in Mar. 2024 was $-8,499 Mil.

Solventum Change In Receivables Historical Data

The historical data trend for Solventum'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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Solventum Change In Receivables Chart

Solventum Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

41.00

-1.00

-32.00

-129.00

Solventum Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial					32.00	-62.00	6.00	-105.00	78.00

Solventum 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 $-83 Mil.

Solventum (NYSE:SOLV) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1220	/	2016	*	91
=	55.22

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

Solventum'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)
=	996	-	10860	+	0.75 * 1220	+	0.5 * 901
=	-8,499

Solventum Change In Receivables Related Terms

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Solventum (Solventum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Solventum Corp (NYSE:SOLV) » Definitions » Change In Receivables

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Traded in Other Exchanges

KB7:Germany

Address

3M Center, St. Paul, MN, USA, 55144

Website

https://www.3m.com

Solventum is an independent healthcare?company with a primary focus on solving big healthcare challenges. Its diverse product portfolio spans across the healthcare industry from medical solutions and oral care to health information systems and separation and purification sciences.

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