AAK AB (AAK AB) Change In Receivables : $52 Mil (TTM As of Mar. 2024)

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What is AAK AB Change In Receivables?

AAK AB's change in receivables for the quarter that ended in Mar. 2024 was $-51 Mil. It means AAK AB's Accounts Receivable increased by $51 Mil from Dec. 2023 to Mar. 2024 .

AAK AB's change in receivables for the fiscal year that ended in Dec. 2023 was $121 Mil. It means AAK AB's Accounts Receivable declined by $121 Mil from Dec. 2022 to Dec. 2023 .

AAK AB's Accounts Receivable for the quarter that ended in Mar. 2024 was $584 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. AAK AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AAK AB's liquidation value for the three months ended in Mar. 2024 was $-295 Mil.

AAK AB Change In Receivables Historical Data

The historical data trend for AAK AB'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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AAK AB Change In Receivables Chart

AAK AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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9.12

-22.72

-188.13

-110.72

120.98

AAK AB Quarterly Data
	Jun19	Sep19	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															15.85	58.41	-6.14	50.11	-50.71

AAK AB 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 $52 Mil.

AAK AB (OTCPK:ARHUF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	583.885	/	1067.878	*	91
=	49.89

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

AAK AB'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)
=	130.339	-	1309.443	+	0.75 * 583.885	+	0.5 * 892.3
=	-295

AAK AB Change In Receivables Related Terms

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AAK AB (AAK AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AAK AB (OTCPK:ARHUF) » Definitions » Change In Receivables

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Traded in Other Exchanges

AAK:Sweden AAKs:UK 0A0J:UK 6AA0:Germany

Address

Skrivaregatan 9, Malmo, SWE, SE-215 32

Website

https://www.aak.com

AAK AB is a Swedish refined vegetable oils producer with sales operations around the world. The company has three business segments: Food ingredients, Chocolate & confectionery fats, and Technical products & feed. The food ingredients segment provides solutions to the bakery, dairy, nutrition, plant-based, & food service industries. The Chocolate & Confectionery Fats segment mainly serves manufacturers of chocolate, spreads, & fillings products as well as customers in the personal care industry. Technical Products & Feed segment provides a growing range of specialized solutions, responding to an increased demand for natural ingredients & sustainability. The majority is from the Food ingredients segment.