Illinois Tool Works (XTER:ILT) Change In Receivables : €7 Mil (TTM As of Sep. 2024)

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What is Illinois Tool Works Change In Receivables?

Illinois Tool Works's change in receivables for the quarter that ended in Sep. 2024 was €69 Mil. It means Illinois Tool Works's Accounts Receivable declined by €69 Mil from Jun. 2024 to Sep. 2024 .

Illinois Tool Works's change in receivables for the fiscal year that ended in Dec. 2023 was €59 Mil. It means Illinois Tool Works's Accounts Receivable declined by €59 Mil from Dec. 2022 to Dec. 2023 .

Illinois Tool Works's Accounts Receivable for the quarter that ended in Sep. 2024 was €2,907 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. Illinois Tool Works's Days Sales Outstanding for the three months ended in Sep. 2024 was 74.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Illinois Tool Works's liquidation value for the three months ended in Sep. 2024 was €-7,349 Mil.

Illinois Tool Works Change In Receivables Historical Data

The historical data trend for Illinois Tool Works'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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Illinois Tool Works Change In Receivables Chart

Illinois Tool Works Annual Data

Trend

Dec14

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Dec20

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Dec23

Change In Receivables

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36.00

78.09

-212.40

-435.18

58.69

Illinois Tool Works Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															2.81	94.45	-127.88	-28.80	69.38

Illinois Tool Works 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €7 Mil.

Illinois Tool Works (XTER:ILT) 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.

Illinois Tool Works's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2906.626	/	3573.366	*	91
=	74.22

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

Illinois Tool Works's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	853.247	-	11201.232	+	0.75 * 2906.626	+	0.5 * 1637.117
=	-7,349

Illinois Tool Works Change In Receivables Related Terms

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Illinois Tool Works Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Illinois Tool Works Inc (XTER:ILT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

ITW:USA 0J8W:UK I1TW34:Brazil ITW:Austria

Address

155 Harlem Avenue, Glenview, IL, USA, 60025

Website

https://www.itw.com

Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test & measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers & fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.

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