MRX (Marex Group) Accounts Receivable : $3,624 Mil (As of Dec. 2024)

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What is Marex Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Marex Group's accounts receivables for the quarter that ended in Dec. 2024 was $3,624 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Marex Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 192.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Marex Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-218.89.

Marex Group Accounts Receivable Historical Data

The historical data trend for Marex 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.

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Marex Group Accounts Receivable Chart

Marex Group Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Accounts Receivable

2,018.80

4,685.20

2,028.10

3,624.40

Marex Group Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Accounts Receivable	Get a 7-Day Free Trial					2,028.10	-	1,176.00	4,526.00	3,624.40

Marex Group Accounts Receivable Calculation

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

Marex 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.

Marex Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3624.4	/	1715.7	*	91
=	192.76

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

Marex Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 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)
=	(5213.6	+	0.75 * 3624.4	+	0.5 * 35.8	-	23335.6
-	0	-	0)	/	70.291
=	-218.89

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.

Marex Group Accounts Receivable Related Terms

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Marex Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Marex Group PLC (NAS:MRX) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

155 Bishopsgate, London, GBR, EC2M 3TQ

Website

https://www.marex.com

Marex Group PLC offers a diversified financial services platform providing essential liquidity, market access, and infrastructure services to clients across energy, commodities, and financial markets. It provides critical services to the clients by connecting them to exchanges and providing various execution and hedging services across its assets and products. The group operates in a large and fragmented market with infrastructure requirements and regulatory and technological complexity. It has five segments Clearing, Agency and Execution, Market Making, Hedging and Investment Solutions, and The Corporate. The group generates revenue from Agency and Execution that matches buyers and sellers by facilitating price discovery across the energy and financial securities markets.