Armanino Foods of Distinction (Armanino Foods of Distinction) Change In Receivables : $-3.50 Mil (TTM As of Sep. 2023)

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What is Armanino Foods of Distinction Change In Receivables?

Armanino Foods of Distinction's change in receivables for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Armanino Foods of Distinction's Accounts Receivable stayed the same from Sep. 2022 to Sep. 2023 .

Armanino Foods of Distinction's change in receivables for the fiscal year that ended in Dec. 2021 was $-3.64 Mil. It means Armanino Foods of Distinction's Accounts Receivable increased by $3.64 Mil from Dec. 2020 to Dec. 2021 .

Armanino Foods of Distinction's Accounts Receivable for the quarter that ended in Sep. 2023 was $7.52 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. Armanino Foods of Distinction's Days Sales Outstanding for the three months ended in Sep. 2023 was 42.69.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Armanino Foods of Distinction's liquidation value for the three months ended in Sep. 2023 was $12.23 Mil.

Armanino Foods of Distinction Change In Receivables Historical Data

The historical data trend for Armanino Foods of Distinction'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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Armanino Foods of Distinction Change In Receivables Chart

Armanino Foods of Distinction Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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-1.33

-0.37

-0.19

1.46

-3.64

Armanino Foods of Distinction Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Sep23
Change In Receivables	Get a 7-Day Free Trial															-2.97	0.28	-0.59	-0.23	-

Armanino Foods of Distinction 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 quarterly data reported by the company within the most recent 12 months, which was $-3.50 Mil.

Armanino Foods of Distinction (OTCPK:AMNF) 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.

Armanino Foods of Distinction's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7.522	/	16.08	*	91
=	42.69

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

Armanino Foods of Distinction'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)
=	14.664	-	12.92	+	0.75 * 7.522	+	0.5 * 9.685
=	12.23

Armanino Foods of Distinction Change In Receivables Related Terms

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Armanino Foods of Distinction (Armanino Foods of Distinction) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Armanino Foods of Distinction Inc (OTCPK:AMNF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

5976 W Las Positas Blvd, Suite 200, Pleasanton, CA, USA, 94588

Website

https://www.armaninofoods.com

Armanino Foods of Distinction Inc is engaged in the production and marketing of upscale food products, including primarily frozen pesto sauces, frozen pasta products, cooked and frozen meat, and poultry products. Its products are marketed through a network of food brokers and sold to retail, foodservice, club-type stores, and industrial accounts.

Executives

Douglas R Nichols	director	C/O RAILAMERICA INC, 5300 BROKEN SOUND BLVD NW, BOACA RATON FL 33487
Patricia A Fehling	director	426 NORTH CHURCH STREET, LODI CA 95240
William J Armanino	director, 10 percent owner, officer: President, CEO & Chairman	30588 SAN ANTONIO STREET, HAYWARD CA 94544

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