Premier Foods (LSE:PFD) Change In Receivables : £-16 Mil (TTM As of Sep. 2023)

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What is Premier Foods Change In Receivables?

Premier Foods's change in receivables for the quarter that ended in Sep. 2023 was £-7 Mil. It means Premier Foods's Accounts Receivable increased by £7 Mil from Mar. 2023 to Sep. 2023 .

Premier Foods's change in receivables for the fiscal year that ended in Mar. 2024 was £-17 Mil. It means Premier Foods's Accounts Receivable increased by £17 Mil from Mar. 2023 to Mar. 2024 .

Premier Foods's Accounts Receivable for the quarter that ended in Sep. 2023 was £111 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. Premier Foods's Days Sales Outstanding for the six months ended in Sep. 2023 was 41.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Premier Foods's liquidation value for the six months ended in Sep. 2023 was £-781 Mil.

Premier Foods Change In Receivables Historical Data

The historical data trend for Premier 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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Premier Foods Change In Receivables Chart

Premier Foods Annual Data

Trend

Dec13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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0.10

5.70

-13.10

-1.90

-16.90

Premier Foods Semi-Annual Data
	Dec13	Jun14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-21.10	6.60	-8.50	-7.20	-

Premier 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 Sep. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-16 Mil.

Premier Foods (LSE:PFD) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	111	/	494.1	*	91
=	41.00

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

Premier Foods'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)
=	67.7	-	1000.3	+	0.75 * 111	+	0.5 * 137.3
=	-781

Premier Foods Change In Receivables Related Terms

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Premier Foods (LSE:PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premier Foods PLC (LSE:PFD) » Definitions » Change In Receivables

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Traded in Other Exchanges

PRRFY:USA PFDl:UK FOJ1:Germany FOJ1:Germany

Address

Premier House, Griffiths Way, Centrium Business Park, Saint Albans, Hertfordshire, GBR, AL1 2RE

Website

https://www.premierfoods.co.uk

Premier Foods PLC is a food manufacturing company. It manufactures, processes, and distributes food products. The company's operating segments include Grocery and Sweet Treats. Grocery segment primarily sells savoury ambient food products. The Sweet Treats segment sells sweet ambient food products. It generates maximum revenue from the Grocery segment. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Other Europe and Rest of world. Some of the company brands include Ambrosia, Angel Delight, Atora, Batchelors, Be-Ro, Bird's, Bisto, Cadbury, Coffee Compliment, Homepride, and others.