WOR (Worthington Enterprises) Change In Receivables : $-8 Mil (TTM As of Nov. 2024)

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What is Worthington Enterprises Change In Receivables?

Worthington Enterprises's change in receivables for the quarter that ended in Nov. 2024 was $-19 Mil. It means Worthington Enterprises's Accounts Receivable increased by $19 Mil from Aug. 2024 to Nov. 2024 .

Worthington Enterprises's change in receivables for the fiscal year that ended in May. 2024 was $50 Mil. It means Worthington Enterprises's Accounts Receivable declined by $50 Mil from May. 2023 to May. 2024 .

Worthington Enterprises's Accounts Receivable for the quarter that ended in Nov. 2024 was $185 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. Worthington Enterprises's Days Sales Outstanding for the three months ended in Nov. 2024 was 61.58.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Worthington Enterprises's liquidation value for the three months ended in Nov. 2024 was $-322 Mil.

Worthington Enterprises Change In Receivables Historical Data

The historical data trend for Worthington Enterprises'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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Worthington Enterprises Change In Receivables Chart

Worthington Enterprises Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Change In Receivables

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147.23

-223.25

-151.33

143.09

50.08

Worthington Enterprises Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Change In Receivables	Get a 7-Day Free Trial															76.70	-18.12	0.34	28.17	-18.64

Worthington Enterprises 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8 Mil.

Worthington Enterprises (NYSE:WOR) 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.

Worthington Enterprises's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	184.925	/	274.046	*	91
=	61.58

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

Worthington Enterprises's liquidation value for the quarter that ended in Nov. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	193.805	-	744.059	+	0.75 * 184.925	+	0.5 * 179.463
=	-322

Worthington Enterprises Change In Receivables Related Terms

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Worthington Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Worthington Enterprises Inc (NYSE:WOR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

WTH:Germany WTH:Germany

Address

200 Old Wilson Bridge Road, Columbus, OH, USA, 43085

Website

https://www.worthingtonindustries.com

Worthington Enterprises Inc is a designer and manufacturer of products sold to consumers, through retail channels, in the tools, outdoor living and celebrations market categories as well as a wide array of specialized building products that serve customers in the residential and non-residential construction markets, including ceiling suspension systems and light gauge metal framing products, as well as wholly-owned and consolidated operations that produce pressurized containment solutions for heating, cooking and cooling applications, among others. It operates under two reportable operating segments: Consumer Products and Building Products. It derives majority of the revenue from Building Products segment.

Executives

Joseph B Hayek	officer: VP Mergers & Acquisitions	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Horton Ozey K Jr	director	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
B Andrew Rose	officer: CFO	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Michael J Endres	director	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Kerrii B Anderson	director	WENDY'S INTERNATIONAL, INC, 4288 WEST DUBLIN-GRANVILLE RD., DUBLIN OH 43017
Geoffrey G Gilmore	officer: President, Worthington Steel	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Eric M Smolenski	officer: VP-HUMAN RESOURCES	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Catherine M Lyttle	officer: Vice President-Communications	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Jeffrey R Klingler	officer: President, Worthington Steel	200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085
Mcconnell John P/oh	director, officer: Chairman/Chief Exec Officer	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Mcconnell John H Ii	director	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Patrick J. Kennedy	officer: VP-General Counsel & Secy	200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
David P Blom	director	200 OLD WILSON BRIDGE RD, COLUMBUS OH 43085
Sidney A Ribeau	director
Steven R Witt	officer: Controller	WORTHINGTON INDUSTRIES, INC, 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085