Grendene (BSP:GRND3) Change In Receivables : R$131 Mil (TTM As of Mar. 2024)

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What is Grendene Change In Receivables?

Grendene's change in receivables for the quarter that ended in Mar. 2024 was R$235 Mil. It means Grendene's Accounts Receivable declined by R$235 Mil from Dec. 2023 to Mar. 2024 .

Grendene's change in receivables for the fiscal year that ended in Dec. 2023 was R$127 Mil. It means Grendene's Accounts Receivable declined by R$127 Mil from Dec. 2022 to Dec. 2023 .

Grendene's Accounts Receivable for the quarter that ended in Mar. 2024 was R$969 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. Grendene's Days Sales Outstanding for the three months ended in Mar. 2024 was 177.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Grendene's liquidation value for the three months ended in Mar. 2024 was R$1,585 Mil.

Grendene Change In Receivables Historical Data

The historical data trend for Grendene'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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Grendene Change In Receivables Chart

Grendene Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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19.88

-265.92

272.22

-53.88

127.10

Grendene 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															231.81	178.00	-170.38	-112.34	235.42

Grendene 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 R$131 Mil.

Grendene (BSP:GRND3) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	969.055	/	499.471	*	91
=	177.04

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

Grendene'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)
=	1274.357	-	586.139	+	0.75 * 969.055	+	0.5 * 339.146
=	1,585

Grendene Change In Receivables Related Terms

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Grendene (BSP:GRND3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Grendene SA (BSP:GRND3) » Definitions » Change In Receivables

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Address

Avenue Pimentel Gomes 214, Sobral, CE, BRA, 62040-125

Website

https://www.grendene.com.br

Grendene SA is engaged in the development, production, distribution, and sale of plastic footwear for all the socio-economic classes, in the women's, men's, and children's market segments. It also has its own stores, franchises, and web commerce channels, operating under the brands Melissa, Grendha, Zaxy, Rider, Cartago, Grendene Kids, and Ipanema. It also owns the brands Pega Forte and Nuar. Geographically the company operates in Brazil, North America, Asia and Oceania, Europe, Central, and South America, and the Middle East and Africa, out of which a majority of its revenue comes from Brazil.

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