BHP Group (BHP Group) Change In Receivables : $-784 Mil (TTM As of Dec. 2023)

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What is BHP Group Change In Receivables?

BHP Group's change in receivables for the quarter that ended in Dec. 2023 was $-763 Mil. It means BHP Group's Accounts Receivable increased by $763 Mil from Jun. 2023 to Dec. 2023 .

BHP Group's change in receivables for the fiscal year that ended in Jun. 2023 was $867 Mil. It means BHP Group's Accounts Receivable declined by $867 Mil from Jun. 2022 to Jun. 2023 .

BHP Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $5,352 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. BHP Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 35.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BHP Group's liquidation value for the six months ended in Dec. 2023 was $-37,122 Mil.

BHP Group Change In Receivables Historical Data

The historical data trend for BHP Group'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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BHP Group Change In Receivables Chart

BHP Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-211.00

128.00

-2,389.00

-703.00

867.00

BHP Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-18.00	-685.00	888.00	-21.00	-763.00

BHP Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-784 Mil.

BHP Group (NYSE:BHP) 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.

BHP Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5352	/	27232	*	91
=	35.87

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

BHP Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10605	-	54397	+	0.75 * 5352	+	0.5 * 5313
=	-37,122

BHP Group Change In Receivables Related Terms

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BHP Group (BHP Group) Business Description

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Traded in Other Exchanges

BHG:South Africa BHPLF:USA BHPN:Mexico BHPl:UK BHP:UK BHP1:Germany BHP:Australia BHP:Argentina

Address

171 Collins Street, Level 18, Melbourne, VIC, AUS, 3000

Website

https://www.bhp.com

BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. BHP is growing its nickel business to supply more battery grade nickel and is also entering the potash market through the development of its Jansen mine in Canada. It also purchased copper miner Oz Minerals in fiscal 2023.