Bakkavor Group (LSE:BAKK) Change In Receivables : £-8 Mil (TTM As of Dec. 2023)

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What is Bakkavor Group Change In Receivables?

Bakkavor Group's change in receivables for the quarter that ended in Dec. 2023 was £-7 Mil. It means Bakkavor Group's Accounts Receivable increased by £7 Mil from Jun. 2023 to Dec. 2023 .

Bakkavor Group's change in receivables for the fiscal year that ended in Dec. 2023 was £-8 Mil. It means Bakkavor Group's Accounts Receivable increased by £8 Mil from Dec. 2022 to Dec. 2023 .

Bakkavor Group's Accounts Receivable for the quarter that ended in Dec. 2023 was £141 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. Bakkavor Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 23.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bakkavor Group's liquidation value for the six months ended in Dec. 2023 was £-694 Mil.

Bakkavor Group Change In Receivables Historical Data

The historical data trend for Bakkavor Group'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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Bakkavor Group Change In Receivables Chart

Bakkavor Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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15.50

-5.10

-6.20

-17.30

-8.10

Bakkavor Group Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial											-1.90	-16.90	-0.40	-1.30	-6.80

Bakkavor Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-8 Mil.

Bakkavor Group (LSE:BAKK) 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.

Bakkavor Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	141.3	/	1113.4	*	91
=	23.16

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

Bakkavor Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	36.6	-	872.7	+	0.75 * 141.3	+	0.5 * 71.3
=	-694

Bakkavor Group Change In Receivables Related Terms

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Bakkavor Group (LSE:BAKK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bakkavor Group PLC (LSE:BAKK) » Definitions » Change In Receivables

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BAKKl:UK

Address

8 Mortimer Street, Fitzroy Place, 5th Floor, London, GBR, W1T 3JJ

Website

https://www.bakkavor.com

Bakkavor Group PLC manufactures and markets a wide variety of freshly prepared food, covering a range of categories including meals, desserts, pizza & bread and salads. Some of its other products include soups & sauces, bread & dips, food-to-go, salads, fresh-cut salads, sandwiches & wraps, and bakery products. Its customers include grocery retailers as well as international food brands. Its geographical segments are the United Kingdom, United States, and China, of which the most of its revenue comes from the United Kingdom.

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