Millennium Group (ASIA) PCL (BKK:MGC) Change In Receivables : ฿-42 Mil (TTM As of Dec. 2024)

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What is Millennium Group (ASIA) PCL Change In Receivables?

Millennium Group (ASIA) PCL's change in receivables for the quarter that ended in Dec. 2024 was ฿-91 Mil. It means Millennium Group (ASIA) PCL's Accounts Receivable increased by ฿91 Mil from Sep. 2024 to Dec. 2024 .

Millennium Group (ASIA) PCL's change in receivables for the fiscal year that ended in Dec. 2024 was ฿566 Mil. It means Millennium Group (ASIA) PCL's Accounts Receivable declined by ฿566 Mil from Dec. 2023 to Dec. 2024 .

Millennium Group (ASIA) PCL's Accounts Receivable for the quarter that ended in Dec. 2024 was ฿752 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. Millennium Group (ASIA) PCL's Days Sales Outstanding for the three months ended in Dec. 2024 was 11.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Millennium Group (ASIA) PCL's liquidation value for the three months ended in Dec. 2024 was ฿-7,972 Mil.

Millennium Group (ASIA) PCL Change In Receivables Historical Data

The historical data trend for Millennium Group (ASIA) PCL'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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Millennium Group (ASIA) PCL Change In Receivables Chart

Millennium Group (ASIA) PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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324.80

242.86

165.74

-235.03

565.93

Millennium Group (ASIA) PCL Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial											-393.41	-59.13	-	49.63	-91.25

Millennium Group (ASIA) PCL 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-42 Mil.

Millennium Group (ASIA) PCL (BKK:MGC) 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.

Millennium Group (ASIA) PCL's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	752.304	/	5941.916	*	91
=	11.55

2. In Ben Graham's calculation of liquidation value, Millennium Group (ASIA) PCL's accounts receivable are only considered to be worth 75% of book value:

Millennium Group (ASIA) PCL's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1311.057	-	11437.514	+	0.75 * 752.304	+	0.5 * 3181.211
=	-7,972

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Millennium Group (ASIA) PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Millennium Group Corp (ASIA) PCL (BKK:MGC) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

No. 2222/9 Ladprao Road, Phlapphla Subdistrict, Wang Thonglang District, Bangkok, THA, 10310

Website

https://www.mgc-asia.com

Millennium Group Corp (ASIA) PCL is a holding company that operates a full range of businesses in the automotive industry. The group operates in four business segments; the Automotive sales business segment, the After-sales service business group and independent car maintenance services segment, The Car and driver rental business segment, and Others. The majority of revenue is derived from the Automotive sales business segment.