MSC Industrial Direct Co (MSC Industrial Direct Co) Change In Receivables : $-20 Mil (TTM As of Feb. 2024)

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What is MSC Industrial Direct Co Change In Receivables?

MSC Industrial Direct Co's change in receivables for the quarter that ended in Feb. 2024 was $-15 Mil. It means MSC Industrial Direct Co's Accounts Receivable increased by $15 Mil from Nov. 2023 to Feb. 2024 .

MSC Industrial Direct Co's change in receivables for the fiscal year that ended in Aug. 2023 was $248 Mil. It means MSC Industrial Direct Co's Accounts Receivable declined by $248 Mil from Aug. 2022 to Aug. 2023 .

MSC Industrial Direct Co's Accounts Receivable for the quarter that ended in Feb. 2024 was $429 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. MSC Industrial Direct Co's Days Sales Outstanding for the three months ended in Feb. 2024 was 41.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. MSC Industrial Direct Co's liquidation value for the three months ended in Feb. 2024 was $-411 Mil.

MSC Industrial Direct Co Change In Receivables Historical Data

The historical data trend for MSC Industrial Direct Co'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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MSC Industrial Direct Co Change In Receivables Chart

MSC Industrial Direct Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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-26.95

36.77

-73.04

-123.57

247.65

MSC Industrial Direct Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															273.78	-26.28	0.10	21.17	-14.70

MSC Industrial Direct Co 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20 Mil.

MSC Industrial Direct Co (NYSE:MSM) 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.

MSC Industrial Direct Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	428.699	/	935.348	*	91
=	41.82

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

MSC Industrial Direct Co's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22.227	-	1097.895	+	0.75 * 428.699	+	0.5 * 685.373
=	-411

MSC Industrial Direct Co Change In Receivables Related Terms

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MSC Industrial Direct Co (MSC Industrial Direct Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » MSC Industrial Direct Co Inc (NYSE:MSM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

98M:Germany 98M:Germany

Address

515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747

Website

https://www.mscdirect.com

MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the U.S.

Executives

Erik Gershwind	officer: SVP, Product Mgmnt & Marketing	C/O MSC INDUSTRIAL DIRECT CO INC, 75 MAXESS ROAD, MELVILLE NY 11747
Kristen Actis-grande	officer: EVP & Chief Financial Officer	C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Elizabeth Bledsoe	officer: SVP & Chief People Officer	C/O MSC LNDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Kimberly Shacklett	officer: SVP, Sales & Customer Success	C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Douglas E Jones	officer: EVP, Chief Supply Chain	C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Stacey L. Bennett	10 percent owner	410 PARK AVE., SUITE 620, NEW YORK NY 10022
Rahquel Purcell	director	C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martina Mcisaac	officer: EVP, Chief Operating Officer	C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Steven N Baruch	officer: SVP, STRATEGY & MARKETING	18232 PENINSULA CLUB, CORNELIUS NC 28031
Mitchell Jacobson	director, 10 percent owner, officer: Chairman and CEO	C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS RD, MELVILLE NY 11747
Louise K Goeser	director	C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101
John Hill	officer: SVP, Chief Digital Info Offr.	C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Neal Dongre	officer: VP, Gen Counsel & Corp Sec	C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martin Edward F Jr	officer: SVP, Sales & Customer Success	C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Kari D Heerdt	officer: SVP, Chief People Officer	C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747