Mangels Industrial (BSP:MGEL4) Change In Receivables : R$24.5 Mil (TTM As of Dec. 2023)

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What is Mangels Industrial Change In Receivables?

Mangels Industrial's change in receivables for the quarter that ended in Dec. 2023 was R$27.6 Mil. It means Mangels Industrial's Accounts Receivable declined by R$27.6 Mil from Sep. 2023 to Dec. 2023 .

Mangels Industrial's change in receivables for the fiscal year that ended in Dec. 2023 was R$24.5 Mil. It means Mangels Industrial's Accounts Receivable declined by R$24.5 Mil from Dec. 2022 to Dec. 2023 .

Mangels Industrial's Accounts Receivable for the quarter that ended in Dec. 2023 was R$92.8 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. Mangels Industrial's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mangels Industrial's liquidation value for the three months ended in Dec. 2023 was R$-505.8 Mil.

Mangels Industrial Change In Receivables Historical Data

The historical data trend for Mangels Industrial'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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Mangels Industrial Change In Receivables Chart

Mangels Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-8.68

-1.53

14.99

-18.18

24.53

Mangels Industrial 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															37.77	-18.99	3.21	12.70	27.61

Mangels Industrial 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 R$24.5 Mil.

Mangels Industrial (BSP:MGEL4) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	92.757	/	211.106	*	91
=	40.09

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

Mangels Industrial'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)
=	66.189	-	700.855	+	0.75 * 92.757	+	0.5 * 118.532
=	-505.8

Mangels Industrial Change In Receivables Related Terms

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Mangels Industrial (BSP:MGEL4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mangels Industrial SA (BSP:MGEL4) » Definitions » Change In Receivables

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Address

Rua Verbo Divino 1488, 6º andar, Cj.61A e 64D, Chácara Santo, Antonio, Sao Paulo, SP, BRA, 04719904

Website

http://www.mangels.com.br

Mangels Industrial SA produces, markets, sells and distributes steel and related products. It operates in four segments, Steel, Wheel, Cylinder and Galvanizing. It supplies wheels to the car industry, motorcycles, trucks, buses, appliances, and gas companies; liquefied petroleum gas cylinders; air tanks for heavy vehicles, agricultural machinery, and air compressors; rear axles for light vehicles; and rolls, blanks, and sheets of low carbon and high strength steel for use in motorcycles, electronics and accessories, and hardware components.

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