The Dixie Group (The Dixie Group) Change In Receivables

: $1.1 Mil (TTM As of Dec. 2023)

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The Dixie Group's change in receivables for the quarter that ended in Dec. 2023 was $4.4 Mil. It means The Dixie Group's Accounts Receivable declined by $4.4 Mil from Sep. 2023 to Dec. 2023 .

The Dixie Group's change in receivables for the fiscal year that ended in Dec. 2023 was $1.1 Mil. It means The Dixie Group's Accounts Receivable declined by $1.1 Mil from Dec. 2022 to Dec. 2023 .

The Dixie Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $22.5 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. The Dixie Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Dixie Group's liquidation value for the three months ended in Dec. 2023 was $-106.8 Mil.

The Dixie Group Change In Receivables Historical Data

The historical data trend for The Dixie 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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The Dixie Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

5.16

-4.67

-7.84

15.22

1.09

The Dixie Group 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																6.72	-5.15	0.49	1.37	4.38

The Dixie 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.1 Mil.

The Dixie Group (NAS:DXYN) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	22.461	/	66.674	*	91
=	30.74

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

The Dixie Group'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)
=	0.079	-	161.878	+	0.75 * 22.461	+	0.5 * 76.211
=	-106.8

The Dixie Group Change In Receivables Related Terms

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The Dixie Group (The Dixie Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » The Dixie Group Inc (NAS:DXYN) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

DX6:Germany

Address

475 Reed Road, Dalton, GA, USA, 30720

Website

https://www.thedixiegroup.com

The Dixie Group Inc is carpet and rug mills company. Its businesses consist principally of marketing, manufacturing and selling finished carpet, rugs, and luxury vinyl tile in the domestic floor covering market. The company has one reportable segment, Floor covering. The company sells floor covering products in both residential and commercial applications. Additionally, the company provides manufacturing support to its carpet businesses through its separate processing operations. Its business is primarily concentrated in areas of the soft floor covering market segment. The company provides its products under the brand of Fabrica, Masland Residential, Dixie Home, Atlas Carpet Mills, Masland Contract, and Hospitality.

Executives

Lowry F Kline	director	PO BOX 2007, DALTON GA 30722
Allen L Danzey	officer: Chief Financial Officer	PO BOX 2007, DALTON GA 30722-2007
Frierson Daniel K Jr	officer: President, Masland Residential	PO BOX 2007, DALTON GA 30722
Jon A Faulkner	officer: VP Planning & Development	PO BOX 2007, DALTON GA 30722
Daniel K Frierson	director, 10 percent owner, officer: Chairman of the Board & CEO	PO BOX 2007, DALTON GA 30722
W Derek Davis	officer: VP - Human Resources	PO BOX 2007, DALTON GA 30722
Murrey John W Iii	director	4100 COCA-COLA PLAZA, CHARLOTTE NC 28211
Thomas Martin Nuckols	officer: Executive Vice President	475 REED ROAD, DALTON GA 30720
Blue William F Jr	director	PO BOX 2007, DALTON GA 30722
David E Hobbs	officer: VP - Pres Masland Contract	716 BILL MYLES DRIVE, SARALAND AL 36571
Paul B Comiskey	officer: Vice Pres/President Dixie Home	PO BOX 2007, DALTON GA 30722
D Eugene Lasater	officer: Controller	2208 S. HAMILTON STREET, DALTON GA 30721
Starr T Klein	officer: Secretary	PO BOX 25107, CHATTANOOGA TN 37422-5107
Michael L. Owens	director	PO BOX 2007, DALTON GA 30722
Vinson Lee Martin	officer: VP-President Masland Contract	716 BILL MYLES DRIVE, SARALAND AL 36571