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Mueller Industries's change in receivables for the quarter that ended in Dec. 2023 was $68 Mil. It means Mueller Industries's Accounts Receivable declined by $68 Mil from Sep. 2023 to Dec. 2023 .
Mueller Industries's change in receivables for the fiscal year that ended in Dec. 2023 was $31 Mil. It means Mueller Industries's Accounts Receivable declined by $31 Mil from Dec. 2022 to Dec. 2023 .
Mueller Industries's Accounts Receivable for the quarter that ended in Dec. 2023 was $352 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. Mueller Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.80.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mueller Industries's liquidation value for the three months ended in Dec. 2023 was $1,322 Mil.
The historical data trend for Mueller Industries'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.
Mueller Industries Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | 6.59 | -76.40 | -124.71 | 82.71 | 30.92 |
Mueller Industries 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 | 66.97 | -111.55 | 33.85 | 40.85 | 67.77 |
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 $31 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.
Mueller Industries (NYSE:MLI) 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.
Mueller Industries's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 351.561 | / | 732.377 | * | 91 |
= | 43.80 |
2. In Ben Graham's calculation of liquidation value, Mueller Industries's accounts receivable are only considered to be worth 75% of book value:
Mueller Industries'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) |
= | 1269.039 | - | 400.585 | + | 0.75 * 351.561 | + | 0.5 * 380.248 |
= | 1,322 |
* 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 Mueller Industries's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Steffen Sigloch | officer: VP, Mfg and Engineering | 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
John B Hansen | officer: President, Mfg Operations | 8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125 |
Gregory L. Christopher | officer: President - Standard Products | 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
Scott Jay Goldman | director | 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
Herzog Charles P Jr | director | 9581 FOX HILL CIRCLE SOUTH, GERMANTOWN TN 38139 |
William C. Drummond | director | 1395 BRICKELL AVENUE, MIAMI FL 33131 |
Gary S Gladstein | director | SOROS FUND MANAGEMENT LLC, 888 SEVENTH AVE 3300, NEW YORK NY 10106 |
Anthony Steinriede | officer: VP - Corporate Controller | 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
Gary Westermeyer | officer: President, Refrigeration | 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125 |
Gennaro J Fulvio | director | |
Kristee Michelle Ford | officer: Chief Information Officer | 581 ROCKY JOE DRIVE, COLLIERVILLE TN 38017 |
Paul J Flaherty | director | C/O MUELLER INDUSTRIES INC., 8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125 |
Devin Malone | officer: President, Streamline | 2321 WICKERSHAM CV, GERMANTOWN TN 38139 |
Christopher Andrew Mitchell | officer: President, Canadian Operations | 198 PIONEER TOWER ROAD, KITCHENER A6 N2P 2H8 |
Elizabeth M Donovan | director | 400 E OHIO STREET, CHICAGO IL 60611 |
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