Advantage Solutions (Advantage Solutions) Change In Receivables : $16 Mil (TTM As of Mar. 2024)

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What is Advantage Solutions Change In Receivables?

Advantage Solutions's change in receivables for the quarter that ended in Mar. 2024 was $34 Mil. It means Advantage Solutions's Accounts Receivable declined by $34 Mil from Dec. 2023 to Mar. 2024 .

Advantage Solutions's change in receivables for the fiscal year that ended in Dec. 2023 was $46 Mil. It means Advantage Solutions's Accounts Receivable declined by $46 Mil from Dec. 2022 to Dec. 2023 .

Advantage Solutions's Accounts Receivable for the quarter that ended in Mar. 2024 was $649 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. Advantage Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Advantage Solutions's liquidation value for the three months ended in Mar. 2024 was $-1,951 Mil.

Advantage Solutions Change In Receivables Historical Data

The historical data trend for Advantage Solutions'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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Advantage Solutions Change In Receivables Chart

Advantage Solutions Annual Data

Trend

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-33.29

116.11

-215.50

-75.69

45.60

Advantage Solutions Quarterly Data
	Mar17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															63.59	-13.58	-15.91	11.51	34.47

Advantage Solutions 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 $16 Mil.

Advantage Solutions (NAS:ADV) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	649.42	/	879.003	*	91
=	67.42

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

Advantage Solutions'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)
=	112.293	-	2549.889	+	0.75 * 649.42	+	0.5 * 0
=	-1,951

Advantage Solutions Change In Receivables Related Terms

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Advantage Solutions (Advantage Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Advantage Solutions Inc (NAS:ADV) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

6CPA:Germany

Address

15310 Barranca Parkway, Suite 100, Irvine, CA, USA, 92618

Website

https://www.advantagesolutions.net

Advantage Solutions Inc is the provider of outsourced sales and marketing solutions to consumer goods companies and retailers. It has a technology-enabled platform of sales and marketing services like headquarter sales, retail merchandising, in-store sampling, digital commerce, and shopper marketing. For brands and retailers of all sizes, the firm helps to get the right products on the shelf and into the hands of consumers. The company helps its clients to sell more while spending less. Advantage has offices throughout North America and strategic investments in select markets throughout Africa, Asia, Australia, and Europe through which it services the global needs of multinational, regional, and local manufacturers. Its services are provided across two segments sales and marketing.

Executives

James M Kilts	director	120 PARK AVE, NEW YORK NY 10017
Brian K. Ratzan	director	3 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831
Christopher Growe	officer: Chief Financial Officer	C/O ADVANTAGE SOLUTIONS INC., 15310 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618
David A Peacock	director, officer: Chief Executive Officer	190 CARONDELET PLAZA, CLAYTON MO 63105
Adam Levyn	director	11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Jody L Macedonio	director	2711 N HASKELL AVENUE, STE 3400, DALLAS TX 75204
Christopher J Baldwin	director	THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Deborah Poole	director	ADVANTAGE SOLUTIONS INC., 1530 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618
Adam Nebesar	director	200 CLARENDON STREET, BOSTON MA 02116
Tanya L Domier	director, officer: Chief Executive Officer	C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Jill L Griffin	officer: President & CCO	C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Dean Kaye	officer: CFO - North America	ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Brian Stevens	officer: CFO & COO	C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
David J West	director	100 CRYSTAL A DRIVE, HERSHEY PA 17033
Robin Manherz	director	ADVANTAGE SOLUTIONS INC., 1530 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618