Bridgford Foods (Bridgford Foods) Change In Receivables : $1.7 Mil (TTM As of Jan. 2024)

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What is Bridgford Foods Change In Receivables?

Bridgford Foods's change in receivables for the quarter that ended in Jan. 2024 was $-1.8 Mil. It means Bridgford Foods's Accounts Receivable increased by $1.8 Mil from Oct. 2023 to Jan. 2024 .

Bridgford Foods's change in receivables for the fiscal year that ended in Oct. 2023 was $5.5 Mil. It means Bridgford Foods's Accounts Receivable declined by $5.5 Mil from Oct. 2022 to Oct. 2023 .

Bridgford Foods's Accounts Receivable for the quarter that ended in Jan. 2024 was $30.0 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. Bridgford Foods's Days Sales Outstanding for the three months ended in Jan. 2024 was 49.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bridgford Foods's liquidation value for the three months ended in Jan. 2024 was $18.8 Mil.

Bridgford Foods Change In Receivables Historical Data

The historical data trend for Bridgford Foods'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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Bridgford Foods Change In Receivables Chart

Bridgford Foods Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Receivables

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-0.77

-10.60

2.35

-5.16

5.51

Bridgford Foods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															0.76	2.50	0.99	-	-1.83

Bridgford Foods 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.7 Mil.

Bridgford Foods (NAS:BRID) 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.

Bridgford Foods's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	30.038	/	54.842	*	91
=	49.98

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

Bridgford Foods's liquidation value for the quarter that ended in Jan. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12.648	-	35.985	+	0.75 * 30.038	+	0.5 * 39.275
=	18.8

Bridgford Foods Change In Receivables Related Terms

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Bridgford Foods (Bridgford Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bridgford Foods Corp (NAS:BRID) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

1707 South Good-Latimer Expressway, Dallas, TX, USA, 75226

Website

https://www.bridgford.com

Bridgford Foods Corp manufactures, markets, and distributes frozen and snack food products in the United States. The business segments are processing and distribution of frozen products, and processing and distribution of snack food products. It includes products such as biscuits, bread dough items, roll dough items, dry sausage products, and beef jerky. The company offers frozen food products to the foodservice and retail customers through wholesalers, cooperatives, and distributors; and snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. It derives a majority of its revenue from snack food products.

Executives

Richard Eugene Bridgford	other: VP, Ind. Relations & Safety	170 N GREEN ST, CHICAGO IL 60607
Brian E. Bridgford	other: V.P. Production	170 N. GREEN STREET, CHICAGO IL 60661
Juan Luis Silva	other: V.P. Plant Superintendent	3414 STONE CREEK DR, JOLIET IL 60435
Allan Jr. Bridgford	director	515 MARGUERITE AVENUE, CORONA DEL MAR CA 92625
Dennis Gregory Scott	director	9595 WILSHIRE BLVD., SUITE 710, BEVERLY HILLS CA 90212
Baron Bridgford	other: President, BFI.	P.O. BOX 3773, ANAHEIM CA 92803
Christopher William Cole	other: Senior Vice President	1415 W. 44TH STREET, CHICAGO IL 60609
Bridgford Baron R.h. Ii	officer: President	1415 W. 44TH STREET, CHICAGO IL 60609
Cindy Matthews-morales	officer: CFO, Secretary	1308 N. PATT STREET, ANAHEIM CA 92801
Michael W. Bridgford	officer: Chairman of the Board	1308 N. PATT STREET, ANAHEIM CA 92801
Mary S Schott	director	2990 AIRWAY AVENUE, BUILDING A, COSTA MESA CA 92626
Debra Aileen Dealcuaz	other: Treasurer, Bridgford Indust.	6432 CONNIE LANE, ROCKWALL TX 75032
Bruce Bridgford	director	P.O. BOX 3773, ANAHEIM CA 92803
William L Bridgford	director, officer: Chairman	P.O. BOX 3773, ANAHEIM CA 92803
Raymond F. Lancy	director, officer: CFO, TREAS, ASST SEC	1308 N. PATT ST.,, ANAHEIM CA 92801