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MarineMax (MarineMax) Change In Receivables : $-28 Mil (TTM As of Dec. 2023)


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What is MarineMax Change In Receivables?

MarineMax's change in receivables for the quarter that ended in Dec. 2023 was $-9 Mil. It means MarineMax's Accounts Receivable increased by $9 Mil from Sep. 2023 to Dec. 2023 .

MarineMax's change in receivables for the fiscal year that ended in Sep. 2023 was $-31 Mil. It means MarineMax's Accounts Receivable increased by $31 Mil from Sep. 2022 to Sep. 2023 .

MarineMax's Accounts Receivable for the quarter that ended in Dec. 2023 was $95 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. MarineMax's Days Sales Outstanding for the three months ended in Dec. 2023 was 16.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MarineMax's liquidation value for the three months ended in Dec. 2023 was $-873 Mil.


MarineMax Change In Receivables Historical Data

The historical data trend for MarineMax'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.

MarineMax Change In Receivables Chart

MarineMax Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.07 2.58 -0.63 -0.56 -30.98

MarineMax Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -11.94 -47.93 19.99 8.90 -8.55

MarineMax 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-28 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.


MarineMax  (NYSE:HZO) 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.

MarineMax's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=94.601/527.274*91
=16.37

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

MarineMax's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=210.323-1591.936+0.75 * 94.601+0.5 * 876.233
=-873

* 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.


MarineMax Change In Receivables Related Terms

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MarineMax (MarineMax) Business Description

Traded in Other Exchanges
Address
2600 McCormick Drive, Suite 200, Clearwater, FL, USA, 33759
MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance, and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The reportable segments of the company are Retail Operations and Product Manufacturing. The Retail Operations segment generates the majority of the company's revenue. The sale of new and used boats accounts for the majority of the company's total revenue. It serves customers across the U.S.
Executives
Clint Moore director 2600 MCCORMICK DRIVE, SUITE 200`, CLEARWATER FL 33759
Charles A Cashman officer: Vice President East Operations 18167 US HIGHWAY 19 NORTH SUITE 300, CLEARWATER FL 33764
Rebecca White director 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Cassella Anthony E. Jr. officer: Chief Accounting Officer 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Kyle Langbehn officer: EVP, President of Retail 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Shawn Berg officer: EVP, Chief Digital Officer 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Mercedes Romero director 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Hilliard M Eure director 24301 WALDEN CENTER DR, BONITA SPRINGS FL 34134
Joseph Allen Watters director 1100 GLENDON AVENUE, SUITE PH-8, LOS ANGELES CA 90024
Michael H Mclamb director, officer: Executive VP, CFO and Sec C/O MARINEMAX INC, 18167 U SHIGHWAY NORTH SUITE 499, CLEARWATER FL 33764
Adam M. Johnson director 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
William B Mcgill officer: Vice President West Operations 18167 US HIGHWAY 19 NORTH SUITE 300, CLEARWATER FL 33764
Mcgill William H Jr director, officer: President, Chairman and CEO C/O MARINEMAX INC, 18167 US HIGHWAY 18 N, CLEARWATER FL 33764
George E Borst director 2600 MCCORMICK DRIVE, SUITE 200, CLEARWATER FL 33759
Charles R Oglesby director C/O NALLEY AUTOMOTIVE - SUGARLOAF PARK, 2905 PREMIERE PARKWAY NW, SUITE 300, DULUTH GA 30097