GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Best Buy Co Inc (BSP:BBYY34) » Definitions » Change In Receivables

Best Buy Co (BSP:BBYY34) Change In Receivables : R$1,024 Mil (TTM As of Jan. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Best Buy Co Change In Receivables?

Best Buy Co's change in receivables for the quarter that ended in Jan. 2024 was R$-177 Mil. It means Best Buy Co's Accounts Receivable increased by R$177 Mil from Oct. 2023 to Jan. 2024 .

Best Buy Co's change in receivables for the fiscal year that ended in Jan. 2024 was R$1,003 Mil. It means Best Buy Co's Accounts Receivable declined by R$1,003 Mil from Jan. 2023 to Jan. 2024 .

Best Buy Co's Accounts Receivable for the quarter that ended in Jan. 2024 was R$4,618 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. Best Buy Co's Days Sales Outstanding for the three months ended in Jan. 2024 was 5.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Best Buy Co's liquidation value for the three months ended in Jan. 2024 was R$-35,823 Mil.


Best Buy Co Change In Receivables Historical Data

The historical data trend for Best Buy Co'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.

* Premium members only.

Best Buy Co Change In Receivables Chart

Best Buy Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -543.81 391.81 94.01 -534.80 1,003.31

Best Buy Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -462.11 1,401.00 48.01 -247.74 -177.06

Best Buy Co 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 R$1,024 Mil.

* 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.


Best Buy Co  (BSP:BBYY34) 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.

Best Buy Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4618.19/72031.957*91
=5.85

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

Best Buy Co'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)
=7116.635-58595.435+0.75 * 4618.19+0.5 * 24384.436
=-35,823

* 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.


Best Buy Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Best Buy Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Best Buy Co (BSP:BBYY34) Business Description

Traded in Other Exchanges
Address
7601 Penn Avenue South, Richfield, MN, USA, 55423
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.

Best Buy Co (BSP:BBYY34) Headlines

No Headlines