Ag Growth International (FRA:7AG) Change In Receivables : €-27 Mil (TTM As of Mar. 2024)

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What is Ag Growth International Change In Receivables?

Ag Growth International's change in receivables for the quarter that ended in Mar. 2024 was €-1 Mil. It means Ag Growth International's Accounts Receivable increased by €1 Mil from Dec. 2023 to Mar. 2024 .

Ag Growth International's change in receivables for the fiscal year that ended in Dec. 2023 was €-34 Mil. It means Ag Growth International's Accounts Receivable increased by €34 Mil from Dec. 2022 to Dec. 2023 .

Ag Growth International's Accounts Receivable for the quarter that ended in Mar. 2024 was €179 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. Ag Growth International's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ag Growth International's liquidation value for the three months ended in Mar. 2024 was €-645 Mil.

Ag Growth International Change In Receivables Historical Data

The historical data trend for Ag Growth International'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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Ag Growth International Change In Receivables Chart

Ag Growth International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-15.61

-14.09

-31.42

-14.51

-34.44

Ag Growth International 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															-9.29	-39.08	-11.73	24.89	-1.22

Ag Growth International 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 €-27 Mil.

Ag Growth International (FRA:7AG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	178.609	/	213.821	*	91
=	76.22

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

Ag Growth International'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)
=	60.702	-	921.507	+	0.75 * 178.609	+	0.5 * 162.852
=	-645

Ag Growth International Change In Receivables Related Terms

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Ag Growth International (FRA:7AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ag Growth International Inc (FRA:7AG) » Definitions » Change In Receivables

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Traded in Other Exchanges

AGGZF:USA AFN:Canada

Address

198 Commerce Drive, Winnipeg, MB, CAN, R3P 0Z6

Website

https://www.aggrowth.com

Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. The company operates mainly in Portable handling, permanent handling, storage and conditioning, livestock, and manufacturing sectors. It has two reportable segment farm and commercial. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, nuvision. It has manufacturing facilities in Canada, the United States, Italy, Brazil, France, United Kingdom, and India. Its geographical segments are Canada, United States, and the International.

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