Compass Group (LSE:CPG) Change In Receivables : £-557 Mil (TTM As of Sep. 2023)

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What is Compass Group Change In Receivables?

Compass Group's change in receivables for the quarter that ended in Sep. 2023 was £-350 Mil. It means Compass Group's Accounts Receivable increased by £350 Mil from Mar. 2023 to Sep. 2023 .

Compass Group's change in receivables for the fiscal year that ended in Sep. 2023 was £-557 Mil. It means Compass Group's Accounts Receivable increased by £557 Mil from Sep. 2022 to Sep. 2023 .

Compass Group's Accounts Receivable for the quarter that ended in Sep. 2023 was £3,059 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. Compass Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 36.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Compass Group's liquidation value for the six months ended in Sep. 2023 was £-9,018 Mil.

Compass Group Change In Receivables Historical Data

The historical data trend for Compass 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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Compass Group Change In Receivables Chart

Compass Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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-121.00

676.00

-497.00

-876.00

-557.00

Compass Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-500.00	-258.00	-618.00	-207.00	-350.00

Compass 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-557 Mil.

Compass Group (LSE:CPG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3059	/	15370	*	91
=	36.32

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	843	-	12439	+	0.75 * 3059	+	0.5 * 567
=	-9,018

Compass Group Change In Receivables Related Terms

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Compass Group (LSE:CPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Compass Group PLC (LSE:CPG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

CMPGY:USA CMPGF:USA CPG:Mexico CPGl:UK XGR2:Germany

Address

Guildford Street, Compass House, Chertsey, Surrey, GBR, KT16 9BQ

Website

https://www.compass-group.com

Compass Group is the largest food-service company globally, operating in more than 50 countries with annual sales of more than GBP 25 billion. Compass Group's model stems from operating on-premises catering facilities, rather than centralised industrial kitchens. Food service is Compass' core focus and contributes more than 80% of revenue. In addition, the company provides support services to clients through activities including cleaning services, office services (for example, concierge services), grounds maintenance, and so on.