Minh Phu Seafood Group (STC:MPC) Change In Receivables : ₫-89,187 Mil (TTM As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Minh Phu Seafood Group Change In Receivables?

Minh Phu Seafood Group's change in receivables for the quarter that ended in Mar. 2024 was ₫-136,057 Mil. It means Minh Phu Seafood Group's Accounts Receivable increased by ₫136,057 Mil from Dec. 2023 to Mar. 2024 .

Minh Phu Seafood Group's change in receivables for the fiscal year that ended in Dec. 2023 was ₫236,077 Mil. It means Minh Phu Seafood Group's Accounts Receivable declined by ₫236,077 Mil from Dec. 2022 to Dec. 2023 .

Minh Phu Seafood Group's Accounts Receivable for the quarter that ended in Mar. 2024 was ₫1,216,926 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. Minh Phu Seafood Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Minh Phu Seafood Group's liquidation value for the three months ended in Mar. 2024 was ₫-1,069,280 Mil.

Minh Phu Seafood Group Change In Receivables Historical Data

The historical data trend for Minh Phu Seafood 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.

* Premium members only.

Minh Phu Seafood Group Change In Receivables Chart

Minh Phu Seafood Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

503,438.50

-190,428.96

-234,265.04

191,286.42

236,076.87

Minh Phu Seafood Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															189,207.72	173,116.58	-393,588.87	267,341.44	-136,056.51

Minh Phu Seafood 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₫-89,187 Mil.

Minh Phu Seafood Group (STC:MPC) 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.

Minh Phu Seafood Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1216926.405	/	2750568.887	*	91
=	40.37

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

Minh Phu Seafood Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	163896.357	-	4683681.026	+	0.75 * 1216926.405	+	0.5 * 5075619.48
=	-1,069,280

Minh Phu Seafood Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Minh Phu Seafood Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Minh Phu Seafood Group (STC:MPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Minh Phu Seafood Group Corp (STC:MPC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

MPC:Vietnam

Address

Industrial Zone, Ward 8, Ca Mau Province, Ca Mau, VNM

Website

http://www.minhphu.com

Minh Phu Seafood Group Corp is involved in the business of processing and exporting seafood. The company provides feeding shrimps, biological products, and commercial shrimps. The activity of the company is to process and trade in aquatic breeds and aquatic foods; and to trade in machinery and equipment for aquaculture. It operates in four business segments: aquaculture products breeding; aquatic products processing; aquatic products trading and Others.