MTY Food Group (MTY Food Group) Change In Receivables : $4.3 Mil (TTM As of Feb. 2024)

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What is MTY Food Group Change In Receivables?

MTY Food Group's change in receivables for the quarter that ended in Feb. 2024 was $3.2 Mil. It means MTY Food Group's Accounts Receivable declined by $3.2 Mil from Nov. 2023 to Feb. 2024 .

MTY Food Group's change in receivables for the fiscal year that ended in Nov. 2023 was $-2.5 Mil. It means MTY Food Group's Accounts Receivable increased by $2.5 Mil from Nov. 2022 to Nov. 2023 .

MTY Food Group's Accounts Receivable for the quarter that ended in Feb. 2024 was $58.3 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. MTY Food Group's Days Sales Outstanding for the three months ended in Feb. 2024 was 25.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MTY Food Group's liquidation value for the three months ended in Feb. 2024 was $-1,275.7 Mil.

MTY Food Group Change In Receivables Historical Data

The historical data trend for MTY Food Group'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.

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MTY Food Group Change In Receivables Chart

MTY Food Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

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-9.31

8.03

-2.71

-7.57

-2.48

MTY Food Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															-3.65	-0.63	2.31	-0.60	3.23

MTY Food Group 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.3 Mil.

MTY Food Group (OTCPK:MTYFF) 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.

MTY Food Group's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	58.298	/	206.403	*	91
=	25.77

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

MTY Food Group's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	37.462	-	1364.057	+	0.75 * 58.298	+	0.5 * 14.433
=	-1,275.7

MTY Food Group Change In Receivables Related Terms

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MTY Food Group (MTY Food Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » MTY Food Group Inc (OTCPK:MTYFF) » Definitions » Change In Receivables

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Traded in Other Exchanges

9MF:Germany MTY:Canada

Address

8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, CAN, H4S 1M5

Website

https://www.mtygroup.com

MTY Food Group Inc is a franchisor in the quick service and casual dining food industry. Its activities consist of franchising and operating corporate-owned locations as well as the sale of retail products under a multitude of banners. The company's operating segment is based on geographical regions namely Canada and US and International. The company brands include Big Smoke Burger, Cafe Depot, Country Style, Croissant Plus, Cultures, Extremepita, Fabrika, Jus Jugo Juice, Koya Japan, ManchuWok, Muffin plus, Valentine, Van Houtte, Shushiman and others.

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