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Martin Midstream Partners LP's change in receivables for the quarter that ended in Dec. 2023 was $1.3 Mil. It means Martin Midstream Partners LP's Accounts Receivable declined by $1.3 Mil from Sep. 2023 to Dec. 2023 .
Martin Midstream Partners LP's change in receivables for the fiscal year that ended in Dec. 2023 was $26.4 Mil. It means Martin Midstream Partners LP's Accounts Receivable declined by $26.4 Mil from Dec. 2022 to Dec. 2023 .
Martin Midstream Partners LP's Accounts Receivable for the quarter that ended in Dec. 2023 was $53.3 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. Martin Midstream Partners LP's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.85.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Martin Midstream Partners LP's liquidation value for the three months ended in Dec. 2023 was $-512.1 Mil.
The historical data trend for Martin Midstream Partners LP'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.
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 $26.4 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.
Martin Midstream Partners LP (NAS:MMLP) 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.
Martin Midstream Partners LP's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 53.293 | / | 181.101 | * | 91 |
= | 26.85 |
2. In Ben Graham's calculation of liquidation value, Martin Midstream Partners LP's accounts receivable are only considered to be worth 75% of book value:
Martin Midstream Partners LP'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) |
= | 0.054 | - | 573.999 | + | 0.75 * 53.293 | + | 0.5 * 43.822 |
= | -512.1 |
* 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 Martin Midstream Partners LP's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Sharon L Taylor | officer: Chief Financial Officer | 4200 B STONE RD, KILGORE TX 75662 |
Ruben S Martin | director, 10 percent owner, officer: President and CEO | 4200 STONE RD, KILGORE TX 75662 |
Robert D Bondurant | officer: Executive VP and CFO | 4200 STONE ROAD, KILGORE TX 75662 |
Scot A Shoup | officer: Senior VP Operations | 2029 S. CHILTON AVE., TYLER TX 75701 |
Chris H Booth | officer: VP/General Counsel/Secretary | 4200 STONE ROAD, KILGORE TX 75662 |
Randall Tauscher | officer: Executive Vice President | KANZA OFFICE PARK, 550 NORTH 159TH ST. EAST, WICHITA KS 67230 |
Christopher Michael Reid | director | 100 W PUTNAM AVENUE, GREENWICH CT 06830 |
C Scott Massey | director | 4200 STONE RD, KILGORE TX 75662 |
Martin Product Sales Llc | 10 percent owner | 4200 STONE ROAD, KILGORE TX 75662 |
James M Collingsworth | director | 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002 |
Stephen W Martin | officer: VP Corporate Development | 4200 STONE ROAD, KILGORE TX 75662 |
Zachary Stanton | director | 12 ROTON AVE, ROTON AVE, NORWALK CT 06853 |
Charles H Still | director | FULBRIGHT & JAWORSKI LLP, 1301 MCKINNEY, SUITE 5100, HOUSTON TX 77010-3095 |
Wesley M Skelton | officer: Executive VP, CA0 & Controller | 4200 STONE ROAD, KILGORE TX 75662 |
Sean P. Dolan | director | 4200 B STONE ROAD, KILGORE TX 75662 |
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