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Modine Manufacturing Co's change in receivables for the quarter that ended in Dec. 2023 was $20 Mil. It means Modine Manufacturing Co's Accounts Receivable declined by $20 Mil from Sep. 2023 to Dec. 2023 .
Modine Manufacturing Co's change in receivables for the fiscal year that ended in Mar. 2023 was $-41 Mil. It means Modine Manufacturing Co's Accounts Receivable increased by $41 Mil from Mar. 2022 to Mar. 2023 .
Modine Manufacturing Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $364 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. Modine Manufacturing Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 59.23.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Modine Manufacturing Co's liquidation value for the three months ended in Dec. 2023 was $-323 Mil.
The historical data trend for Modine Manufacturing 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.
Modine Manufacturing Co Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -15.30 | 36.60 | -17.10 | -55.60 | -40.70 |
Modine Manufacturing Co 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 | 5.20 | -46.10 | -2.70 | 9.40 | 20.20 |
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 $-19 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.
Modine Manufacturing Co (NYSE:MOD) 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.
Modine Manufacturing Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 364.4 | / | 561.4 | * | 91 |
= | 59.23 |
2. In Ben Graham's calculation of liquidation value, Modine Manufacturing Co's accounts receivable are only considered to be worth 75% of book value:
Modine Manufacturing Co'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) |
= | 149.7 | - | 916.2 | + | 0.75 * 364.4 | + | 0.5 * 341.3 |
= | -323 |
* 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 Modine Manufacturing Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael B Lucareli | officer: EVP, CFO | 1500 DEKOVEN AVE,, RACINE WI 53403 |
Christopher William Patterson | director | 613 NW 11TH AVE, PORTLAND OR 97209 |
David J. Wilson | director | 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277 |
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Marsha C Williams | director | EQUITY OFFICE PROPERTIES, CHICAGO IL 60606 |
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Adrian Ian Peace | officer: President, Performance Technol | 1500 DEKOVEN AVE., RACINE WI 53403 |
Eric S Mcginnis | officer: President, Climate Solutions | 200 STATE STREET, BELOIT WI 53511 |
Brian Jon Agen | officer: VP, Human Resources | 1500 DEKOVEN AVE., RACINE WI 53403 |
Sylvia Ann Stein | officer: VP, GC, Corp. Sec. and CCO | 1500 DEKOVEN AVE., RACINE WI 53403 |
Neil David Brinker | director, officer: President and CEO | 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525 |
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