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Best Buy Co's change in receivables for the quarter that ended in Jan. 2024 was $-36 Mil. It means Best Buy Co's Accounts Receivable increased by $36 Mil from Oct. 2023 to Jan. 2024 .
Best Buy Co's change in receivables for the fiscal year that ended in Jan. 2024 was $204 Mil. It means Best Buy Co's Accounts Receivable declined by $204 Mil from Jan. 2023 to Jan. 2024 .
Best Buy Co's Accounts Receivable for the quarter that ended in Jan. 2024 was $939 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 $-7,284 Mil.
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.
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 | -131.00 | 73.00 | 17.00 | -103.00 | 204.00 |
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 | -89.00 | 279.00 | 10.00 | -49.00 | -36.00 |
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 $204 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 (NYSE:BBY) 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 |
= | 939 | / | 14646 | * | 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) |
= | 1447 | - | 11914 | + | 0.75 * 939 | + | 0.5 * 4958 |
= | -7,284 |
* 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.
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.
Richard M Schulze | 10 percent owner | BEST BUY CO INC, 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344 |
Todd G. Hartman | officer: GC, Chief Risk/Comp Officer | 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423 |
David C Kimbell | director | 8410 W. BRYN MAWR, CHICAGO IL 60631 |
Kathleen Scarlett | officer: Chief Human Resources Officer | 7601 PENN AVE S, RICHFIELD MN 55423 |
Jason J Bonfig | officer: Chief Merchandising Officer | 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423 |
Matthew M Bilunas | officer: Chief Financial Officer | C/O BEST BUY CO., INC., 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423 |
Barry Corie S | officer: CFO | 7601 PENN AVE S., RICHFIELD MN 55423 |
Mathew Watson | officer: VP, Finance - Contr. & CAO | 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423 |
Damien Harmon | officer: Pres., Omnichannel Ops & Serv | 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423 |
Sima Sistani | director | 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010 |
Melinda D Whittington | director | THREE LAKES DRIVE, NORTHFIELD IL 60093 |
Deborah Disanzo | officer: President, Best Buy Health | 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423 |
Allison Peterson | officer: Chief Customer Officer | 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423 |
Brian A Tilzer | officer: Chief Digital & Tech Officer | CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11 |
Mark A Irvin | officer: Chief Supply Chain Officer | 7601 PENN AVENUE, RICHFIELD MN 55423 |
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