Operating

Increase (Decrease) in Accounts and Other Receivables

Barnes Group Increase (Decrease) in Accounts and Other Receivables increased by 1158.6% to $11.28M in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 29.0%, from $15.89M to $11.28M. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ2 2024Jul 31, 2024

How to read this metric

A decrease is generally positive as it indicates efficient collection of cash from customers.

Detailed definition

This metric measures the change in the amount owed to the company by customers for goods or services delivered. An incre...

Peer comparison

Standard working capital metric; peers in the energy sector often have cyclical receivables based on commodity prices.

Metric ID: operating_increase_decrease_in_accounts_and_other_receivables

Historical Data

11 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q4 '22Q1 '23Q2 '23Q4 '23Q1 '24Q2 '24
Value$5.07M$2.99M$3.14M$10.96M$19.27M$21.56M$2.21M$15.89M$800.00K$896.00K$11.28M
QoQ Change-41.0%+5.2%+248.6%+75.8%+11.9%-89.8%+619.5%-95.0%+12.0%>999%
YoY Change+280.1%+585.8%-79.8%-17.5%-96.3%-59.4%-29.0%
Range$800.00K$21.56M
CAGR+37.7%
Avg YoY Growth+83.4%
Median YoY Growth-29.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Barnes Group's increase (decrease) in accounts and other receivables?
Barnes Group (B) reported increase (decrease) in accounts and other receivables of $11.28M in Q2 2024.
How has Barnes Group's increase (decrease) in accounts and other receivables changed year-over-year?
Barnes Group's increase (decrease) in accounts and other receivables decreased by 29.0% year-over-year, from $15.89M to $11.28M.
What does increase (decrease) in accounts and other receivables mean?
The change in cash tied up in unpaid customer invoices.