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Huntington Ingalls Industries's change in receivables for the quarter that ended in Mar. 2024 was $-377 Mil. It means Huntington Ingalls Industries's Accounts Receivable increased by $377 Mil from Dec. 2023 to Mar. 2024 .
Huntington Ingalls Industries's change in receivables for the fiscal year that ended in Dec. 2023 was $-129 Mil. It means Huntington Ingalls Industries's Accounts Receivable increased by $129 Mil from Dec. 2022 to Dec. 2023 .
Huntington Ingalls Industries's Accounts Receivable for the quarter that ended in Mar. 2024 was $718 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. Huntington Ingalls Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.36.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Huntington Ingalls Industries's liquidation value for the three months ended in Mar. 2024 was $-6,393 Mil.
The historical data trend for Huntington Ingalls Industries'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.
Huntington Ingalls Industries Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -19.00 | -48.00 | -68.00 | -126.00 | -129.00 |
Huntington Ingalls Industries 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 | -177.00 | 1.00 | 54.00 | -7.00 | -377.00 |
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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-329 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.
Huntington Ingalls Industries (NYSE:HII) 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.
Huntington Ingalls Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 718 | / | 2805 | * | 91 |
= | 23.36 |
2. In Ben Graham's calculation of liquidation value, Huntington Ingalls Industries's accounts receivable are only considered to be worth 75% of book value:
Huntington Ingalls Industries'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) |
= | 10 | - | 7041 | + | 0.75 * 718 | + | 0.5 * 199 |
= | -6,393 |
* 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 Huntington Ingalls Industries's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Jennifer R. Boykin | officer: Vice President, Engineering | C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607 |
D R Wyatt | officer: Corp VP & Treasurer | C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607 |
Craig S. Faller | director | C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607 |
Chad N. Boudreaux | officer: Ex VP & Chief Legal Officer | C/O 4101 WASHINGTON AVENUE, BLDG 909-7, NEWPORT NEWS VA 23607 |
Nicolas G Schuck | officer: Corp VP, Controller & CAO | C/OHUNTINGTON INGALLS INDUSTRIES, 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607 |
Christopher W. Soong | officer: Ex VP & CIO | C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607 |
Hughes Edmond E. Jr. | officer: Ex VP & Chief HR Officer | C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE. BLDG 909-7, NEWPORT NEWS VA 23607 |
Green Edgar A Iii | officer: Ex VP, Pres. HII Technical Sol | C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607 |
Anastasi D Kelly | director | 88317 WOODLEA MILL ROAD, MCLEAN VA 22102 |
Eric D. Chewning | officer: Ex VP, Strategy & Development | C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607 |
Leo P Denault | director | |
Todd A. Borkey | officer: Ex VP & Chief Technology Offic | C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVE., NEWPORT NEWS VA 23607 |
Paul C. Harris | officer: Ex VP & Chief Sustainability | C/O HUNTINGTON INGALLS INDUSTRIES, 4101 WASHINGTON AVE BLDG 909-7, NEWPORT NEWS VA 23607 |
William R Ermatinger | officer: Corp VP & Chief HR Officer | C/O HUNTINGTON INGALLS INDUSTRIES, INC., 4101 WASHINGTON AVENUE, NEWPORT NEWS VA 23607 |
Frank R Jimenez | director | GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061 |
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