Increase (Decrease) in Accounts and Notes Receivable
Corteva Increase (Decrease) in Accounts and Notes Receivable remained flat by 0.0% to $176.25M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 296.9%, from -$89.5M to $176.25M. Over 3 years (FY 2021 to FY 2024), Increase (Decrease) in Accounts and Notes Receivable shows an upward trend with a 84.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase in receivables relative to sales may signal weakening collections or more lenient credit terms, while a decrease suggests efficient cash conversion.
Detailed definition
This measures the change in the amount owed to the company by customers for goods or services delivered. An increase in...
Peer comparison
Highly dependent on the seasonal nature of the agricultural industry and credit terms offered to distributors.
operating_increase_decrease_in_accounts_and_notes_receivableHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $113M | $993M | -$358M | $705M |
| YoY Change | — | +778.8% | -136.1% | +296.9% |
Increase (Decrease) in Accounts and Notes Receivable at Other Companies
Frequently Asked Questions
- What is Corteva's increase (decrease) in accounts and notes receivable?
- Corteva (CTVA) reported increase (decrease) in accounts and notes receivable of $176.25M in Q4 2024.
- How has Corteva's increase (decrease) in accounts and notes receivable changed year-over-year?
- Corteva's increase (decrease) in accounts and notes receivable increased by 296.9% year-over-year, from -$89.5M to $176.25M.
- What is the long-term trend for Corteva's increase (decrease) in accounts and notes receivable?
- Over 3 years (2021 to 2024), Corteva's increase (decrease) in accounts and notes receivable has grown at a 84.1% compound annual growth rate (CAGR), from $113M to $705M.
- What does increase (decrease) in accounts and notes receivable mean?
- The change in money owed to the company by its customers.