Magazine Luiza (BSP:MGLU3) Change In Receivables: R$1,072 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:MGLU3 Magazine Luiza SA BSP:MGLU3
58 GF Score
Price R$4.26
GF Value R$9.42
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Magazine Luiza Change In Receivables?

Magazine Luiza BSP:MGLU3 -1.39% 58 Change In Receivables is R$1,072 Mil as of Jun. 2026. GuruFocus rates BSP:MGLU3 with a GF Score™ of 58/100 and a GF Value™ of R$9.42 (Possible Value Trap). The stock has 6 warning signs investors should review.

Magazine Luiza's change in receivables for the quarter that ended in Jun. 2026 was R$470 Mil. It means Magazine Luiza's Accounts Receivable declined by R$470 Mil from Mar. 2026 to Jun. 2026 .

Magazine Luiza's change in receivables for the fiscal year that ended in Dec. 2025 was R$-1,094 Mil. It means Magazine Luiza's Accounts Receivable increased by R$1,094 Mil from Dec. 2024 to Dec. 2025 .

Magazine Luiza's Accounts Receivable for the quarter that ended in Jun. 2026 was R$3,797 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. Magazine Luiza's Days Sales Outstanding for the three months ended in Jun. 2026 was 38.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Magazine Luiza's liquidation value for the three months ended in Jun. 2026 was R$-16,638 Mil.


Magazine Luiza  (BSP:MGLU3) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3797.325/8898.727*91
=38.94

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

Magazine Luiza's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1762.218-24745.653+0.75 * 3797.325+0.5 * 6994.617
=-16,638

* 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.


Magazine Luiza Change In Receivables Related Terms


Magazine Luiza Change In Receivables Historical Data

* Premium members only.

The historical data trend for Magazine Luiza'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.

Magazine Luiza Change In Receivables Chart

Magazine Luiza Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,457.32 -1,243.11 1,704.38 -735.87 -1,093.67

Magazine Luiza Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Receivables 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 -1,201.63 -238.25 -479.19 1,319.86 469.85
BSP:MGLU3
58GF Score
Magazine Luiza SA BSP:MGLU3
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magazine Luiza 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,072 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of R$1,072 Mil mean?
Magazine Luiza (BSP:MGLU3) has a Change In Receivables of R$1,072 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Magazine Luiza and its competitors.
Is Magazine Luiza's Change In Receivables too high?
Magazine Luiza's current Change In Receivables is R$1,072 Mil. Overall, Magazine Luiza has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Magazine Luiza's Change In Receivables compare to CASY and WSM?
Magazine Luiza's Change In Receivables of R$1,072 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Retail - Cyclical company?
A good Change In Receivables depends on the Retail - Cyclical industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Magazine Luiza and its competitors. Magazine Luiza's current Change In Receivables is R$1,072 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magazine Luiza stock overvalued right now?
Based on GuruFocus' analysis, Magazine Luiza (BSP:MGLU3) is currently considered Possible Value Trap. The stock's GF Value™ is R$9.42, compared to a current price of R$4.26 — trading 54.8% below its estimated fair value. The current Change In Receivables is R$1,072 Mil. Magazine Luiza's overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Magazine Luiza (BSP:MGLU3), the current Change In Receivables is R$1,072 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 Magazine Luiza (BSP:MGLU3) Overvalued in 2026?

Based on GuruFocus' analysis, Magazine Luiza stock appears to be undervalued. The current stock price of R$4.26 is trading 54.8% below its estimated GF Value™ of R$9.42. GuruFocus considers Magazine Luiza to be Possible Value Trap.

Key valuation signals for BSP:MGLU3:

  • Change In Receivables: R$1,072 Mil
  • GF Value™: R$9.42 vs. price of R$4.26 (54.8% below fair value)
  • GF Score™: 58/100 with 6 warning signs

No single metric tells the full story. See the BSP:MGLU3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magazine Luiza Business Description

Other Exchanges MGLUY:USA
Address Rua Arnulfo de Lima, 2385 - Vila Santa Cruz, Franca, SP, BRA, 14403-471
Magazine Luiza SA is engaged in retail sales, through physical stores, e-commerce, and its SuperApp, which is an application that offers products and services from its subsidiaries, as well as from commercial partners (sellers) through the marketplace platform. Its operations include four segments, Retail segment: substantially resale of goods and services in the Company's stores, electronic commerce, and food delivery management platform; Financial operations: through the joint venture Luizacred, whose main purpose is to provide credit to the Company's customers for the purchase of products; Insurance operations, and Other services. The company derives maximum revenue from the Retail segment.
58GF Score

Get the complete analysis for BSP:MGLU3

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

R$4.26
Price
R$9.42
GF Value