MLLGF (Mullen Group) Accounts Receivable: $214 Mil (As of Jun. 2026)

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MLLGF Mullen Group Ltd MLLGF
71 GF Score
Price $20.26
GF Value $11.48
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Mullen Group Accounts Receivable?

Mullen Group MLLGF -0.25% 71 Accounts Receivable is $214 Mil as of Jun. 2026. GuruFocus rates MLLGF with a GF Score™ of 71/100 and a GF Value™ of $11.48 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mullen Group's accounts receivables for the quarter that ended in Jun. 2026 was $214 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mullen Group's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 45.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mullen Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-7.64.


Mullen Group Accounts Receivable 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 receivables are being managed.

Mullen Group's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=214.24/434.161*91
=45.03

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Mullen Group's accounts receivable are only considered to be worth 75% of book value:

Mullen Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(121.862+0.75 * 214.24+0.5 * 33.674-1035.08
-0-0)/96.241
=-7.64

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Mullen Group Accounts Receivable Related Terms


Mullen Group Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Mullen Group's Accounts Receivable 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.

Mullen Group Accounts Receivable Chart

Mullen Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.56 189.18 182.93 179.97 188.94

Mullen Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 202.17 204.09 188.94 207.50 214.24
MLLGF
71GF Score
Mullen Group Ltd MLLGF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mullen Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $214 Mil mean?
Mullen Group (MLLGF) has a Accounts Receivable of $214 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Mullen Group and its competitors.
Is Mullen Group's Accounts Receivable too high?
Mullen Group's current Accounts Receivable is $214 Mil. Overall, Mullen Group has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's Accounts Receivable compare to ODFL and XPO?
Mullen Group's Accounts Receivable of $214 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Transportation company?
A good Accounts Receivable depends on the Transportation industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Mullen Group and its competitors. Mullen Group's current Accounts Receivable is $214 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullen Group stock overvalued right now?
Based on GuruFocus' analysis, Mullen Group (MLLGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.48, compared to a current price of $20.26 — trading 76.5% above its estimated fair value. The current Accounts Receivable is $214 Mil. Mullen Group's overall GF Score™ is 71/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Mullen Group (MLLGF), the current Accounts Receivable is $214 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mullen Group (MLLGF) Overvalued in 2026?

Based on GuruFocus' analysis, Mullen Group stock appears to be overvalued. The current stock price of $20.26 is trading 76.5% above its estimated GF Value™ of $11.48. GuruFocus considers Mullen Group to be Significantly Overvalued.

Key valuation signals for MLLGF:

  • Accounts Receivable: $214 Mil
  • GF Value™: $11.48 vs. price of $20.26 (76.5% above fair value)
  • GF Score™: 71/100 with 10 warning signs

No single metric tells the full story. See the MLLGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mullen Group Business Description

Other Exchanges 9MU:GermanyMTL:Canada
Address 121A 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
71GF Score

Get the complete analysis for MLLGF

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.26
Price
$11.48
GF Value