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GraceKennedy (XJAM:GK) Change In Receivables : JMD-5,985 Mil (TTM As of Mar. 2024)


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What is GraceKennedy Change In Receivables?

GraceKennedy's change in receivables for the quarter that ended in Mar. 2024 was JMD-3,971 Mil. It means GraceKennedy's Accounts Receivable increased by JMD3,971 Mil from Dec. 2023 to Mar. 2024 .

GraceKennedy's change in receivables for the fiscal year that ended in Dec. 2023 was JMD-4,936 Mil. It means GraceKennedy's Accounts Receivable increased by JMD4,936 Mil from Dec. 2022 to Dec. 2023 .

GraceKennedy's Accounts Receivable for the quarter that ended in Mar. 2024 was JMD23,424 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. GraceKennedy's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.47.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GraceKennedy's liquidation value for the three months ended in Mar. 2024 was JMD-86,924 Mil.


GraceKennedy Change In Receivables Historical Data

The historical data trend for GraceKennedy'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.

GraceKennedy Change In Receivables Chart

GraceKennedy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,625.63 1,075.89 -4,988.00 -5,812.55 -4,936.22

GraceKennedy 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 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 -2,922.46 -2,332.57 -4,574.07 4,892.88 -3,971.33

GraceKennedy 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 JMD-5,985 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.


GraceKennedy  (XJAM:GK) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=23423.524/42346.293*91
=50.47

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

GraceKennedy'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)
=25668.893-140333.911+0.75 * 23423.524+0.5 * 20346.857
=-86,924

* 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.


GraceKennedy Change In Receivables Related Terms

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GraceKennedy (XJAM:GK) Business Description

Traded in Other Exchanges
Address
42-56 Harbour Street, Kingston, JAM
GraceKennedy Ltd engages in the food and financial services business. The company has four reportable segments namely Food Trading, Banking and Investments, Insurance and Money Services. The food Trading segment includes the processing and distribution of food products. It generates maximum revenue from the Food Trading segment. Geographically, it derives the majority revenue from Jamaica and also has a presence in the United Kingdom, the United States of America, Canada, Other Caribbean countries, Other European countries, Africa and Other Countries.

GraceKennedy (XJAM:GK) Headlines

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