Mercury Systems (Mercury Systems) Change In Receivables

: $41.9 Mil (TTM As of Dec. 2023)

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Mercury Systems's change in receivables for the quarter that ended in Dec. 2023 was $42.7 Mil. It means Mercury Systems's Accounts Receivable declined by $42.7 Mil from Sep. 2023 to Dec. 2023 .

Mercury Systems's change in receivables for the fiscal year that ended in Jun. 2023 was $-58.7 Mil. It means Mercury Systems's Accounts Receivable increased by $58.7 Mil from Jun. 2022 to Jun. 2023 .

Mercury Systems's Accounts Receivable for the quarter that ended in Dec. 2023 was $82.7 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. Mercury Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mercury Systems's liquidation value for the three months ended in Dec. 2023 was $-524.0 Mil.

Mercury Systems Change In Receivables Historical Data

The historical data trend for Mercury Systems'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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Mercury Systems Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

-28.10

-31.08

-51.98

-146.48

-58.72

Mercury Systems 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																16.38	-22.83	-5.01	27.05	42.67

Mercury Systems 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 $41.9 Mil.

Mercury Systems (NAS:MRCY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	82.737	/	197.463	*	91
=	38.23

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

Mercury Systems'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)
=	168.646	-	931.76	+	0.75 * 82.737	+	0.5 * 354.212
=	-524.0

Mercury Systems Change In Receivables Related Terms

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Mercury Systems (Mercury Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mercury Systems Inc (NAS:MRCY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

MCY:Germany

Address

50 Minuteman Road, Andover, MA, USA, 01810

Website

https://www.mrcy.com

Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates and delivers secure open architecture solutions powering a broad range of mission-critical applications in the challenging and demanding environments. Inspired by its purpose of delivering Innovation that Matters, By and For People Who Matter, Mercury helps make the world a safer, more secure place for all.

Executives

Michelle M Mccarthy	officer: SVP, CAO	50 MINUTEMAN ROAD, ANDOVER MA 01810
Wells Charles Roger Iv	officer: EVP President Microelectronics	5255 GROVEMONT DRIVE, ELKRIDGE MD 21075
Orlando D Carvalho	director	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Debora A Plunkett	director	6501 LEGACY DRIVE, PLANO TX 75024
Barry R Nearhos	director	C/O VIRTUSA CORPORATION, 200 WEST PARK DRIVE, WESTBOROUGH MA 01581
Lisa S Disbrow	director	50 MINUTEMAN ROAD, ANDOVER MA 01810
Allen Couture	officer: EVP, Execution Excellence	C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
James Mitch Stevison	officer: EVP, President Mission Systems	103 SANSBERRY LANE, MADISON AL 35376
Steven Ratner	officer: EVP, CHRO	C/O MERCURY SYSTEMS, INC., 50 MINUTEMAN ROAD, ANDOVER MA 01810
Stephanie Georges	officer: EVP, CCO	1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Christopher C Cambria	officer: EVP, Gen Counsel & Secretary	C/O GENCORP INC., P.O. BOX 537012, SACRAMENTO CA 95853-7012
Jana Partners Llc	director, other: See Remarks	767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Howard L Lance	director	C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
William L Ballhaus	director, officer: President & CEO	3190 FAIRVIEW PARK DRIVE, SUITE 700, FALLS CHURCH VA 22042
Roger A Krone	director