MMLP (Martin Midstream Partners LP) Accounts Receivable: $72.2 Mil (As of Jun. 2026)

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MMLP Martin Midstream Partners LP MMLP
49 GF Score
Price $2.42
GF Value $2.91
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Martin Midstream Partners LP Accounts Receivable?

Martin Midstream Partners LP MMLP +1.04% 49 Accounts Receivable is $72.2 Mil as of Jun. 2026. GuruFocus rates MMLP with a GF Score™ of 49/100 and a GF Value™ of $2.91 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Martin Midstream Partners LP's accounts receivables for the quarter that ended in Jun. 2026 was $72.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Martin Midstream Partners LP's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 30.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Martin Midstream Partners LP's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was $-14.14.


Martin Midstream Partners LP 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.

Martin Midstream Partners LP's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=72.239/213.6*91
=30.86

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

Martin Midstream Partners LP'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)
=(0.05+0.75 * 72.239+0.5 * 60.359-637.646
-0-0)/39.125
=-14.14

* 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.


Martin Midstream Partners LP Accounts Receivable Related Terms


Martin Midstream Partners LP Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Martin Midstream Partners LP'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.

Martin Midstream Partners LP Accounts Receivable Chart

Martin Midstream Partners LP 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 84.20 79.64 53.29 53.57 58.37

Martin Midstream Partners LP 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 57.50 55.27 58.37 70.15 72.24
MMLP
49GF Score
Martin Midstream Partners LP MMLP
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Martin Midstream Partners LP 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 $72.2 Mil mean?
Martin Midstream Partners LP (MMLP) has a Accounts Receivable of $72.2 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Martin Midstream Partners LP and its competitors.
Is Martin Midstream Partners LP's Accounts Receivable too high?
Martin Midstream Partners LP's current Accounts Receivable is $72.2 Mil. Overall, Martin Midstream Partners LP has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Martin Midstream Partners LP's Accounts Receivable compare to NFE and DLNG?
Martin Midstream Partners LP's Accounts Receivable of $72.2 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas 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 Martin Midstream Partners LP and its competitors. Martin Midstream Partners LP's current Accounts Receivable is $72.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Martin Midstream Partners LP (MMLP) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.91, compared to a current price of $2.42 — trading 16.8% below its estimated fair value. The current Accounts Receivable is $72.2 Mil. Martin Midstream Partners LP's overall GF Score™ is 49/100 with 5 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 Martin Midstream Partners LP (MMLP), the current Accounts Receivable is $72.2 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 Martin Midstream Partners LP (MMLP) Overvalued in 2026?

Based on GuruFocus' analysis, Martin Midstream Partners LP stock appears to be undervalued. The current stock price of $2.42 is trading 16.8% below its estimated GF Value™ of $2.91. GuruFocus considers Martin Midstream Partners LP to be Modestly Undervalued.

Key valuation signals for MMLP:

  • Accounts Receivable: $72.2 Mil
  • GF Value™: $2.91 vs. price of $2.42 (16.8% below fair value)
  • GF Score™: 49/100 with 5 warning signs

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


Martin Midstream Partners LP Business Description

Industry EnergyOil & Gas
Address 4200 Stone Road, Kilgore, TX, USA, 75662
Martin Midstream Partners LP has a diverse set of operations focused on the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products, including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and natural gas liquids marketing, distribution and transportation services. The company operates in four segment Terminalling and storage, Transportation, Sulfur service, and Specialty products segment. The majority of the revenue is derived from the Specialty products segment.
49GF Score

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

$2.42
Price
$2.91
GF Value