DLAPQ (Delta Apparel) Change In Receivables: $27.4 Mil (TTM As of Mar. 2024)

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DLAPQ Delta Apparel Inc DLAPQ
16 GF Score
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What is Delta Apparel Change In Receivables?

Delta Apparel DLAPQ 16 Change In Receivables is $27.4 Mil as of Mar. 2024. GuruFocus rates DLAPQ with a GF Score™ of 16/100.

Delta Apparel's change in receivables for the quarter that ended in Mar. 2024 was $-2.7 Mil. It means Delta Apparel's Accounts Receivable increased by $2.7 Mil from Dec. 2023 to Mar. 2024 .

Delta Apparel's change in receivables for the fiscal year that ended in Sep. 2023 was $23.1 Mil. It means Delta Apparel's Accounts Receivable declined by $23.1 Mil from Sep. 2022 to Sep. 2023 .

Delta Apparel's Accounts Receivable for the quarter that ended in Mar. 2024 was $35.2 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. Delta Apparel's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Delta Apparel's liquidation value for the three months ended in Mar. 2024 was $-154.4 Mil.

Delta Apparel  (OTCPK:DLAPQ) 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.

Delta Apparel's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=35.206/78.936*91
=40.70

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

Delta Apparel's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.705-259.949+0.75 * 35.206+0.5 * 156.894
=-154.4

* 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.

Delta Apparel Change In Receivables Related Terms

Delta Apparel Change In Receivables Historical Data

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The historical data trend for Delta Apparel'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.

Delta Apparel Change In Receivables Chart

Delta Apparel Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.82 -0.11 -6.73 -1.44 23.14

Delta Apparel Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.99 20.53 -3.87 13.37 -2.66
DLAPQ
16GF Score
Delta Apparel Inc DLAPQ
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Apparel 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $27.4 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 $27.4 Mil mean?
Delta Apparel (DLAPQ) has a Change In Receivables of $27.4 Mil as of Mar. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Delta Apparel and its competitors.
Is Delta Apparel's Change In Receivables too high?
Delta Apparel's current Change In Receivables is $27.4 Mil. Overall, Delta Apparel has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Delta Apparel's Change In Receivables compare to RL and VFC?
Delta Apparel's Change In Receivables of $27.4 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Change In Receivables depends on the Manufacturing - Apparel & Accessories 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 Delta Apparel and its competitors. Delta Apparel's current Change In Receivables is $27.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Apparel stock overvalued right now?
Delta Apparel (DLAPQ) has a current Change In Receivables of $27.4 Mil. The current Change In Receivables is $27.4 Mil. Delta Apparel's overall GF Score™ is 16/100. 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 Delta Apparel (DLAPQ), the current Change In Receivables is $27.4 Mil as of Mar. 2024. 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.

Delta Apparel Business Description

Address 2750 Premiere Parkway, Suite 100, Duluth, GA, USA, 30097
Delta Apparel Inc together with its subsidiaries is an international apparel design, marketing, manufacturing, and sourcing company. It operates its business in two distinct segments: Delta Group and Salt Life Group. The company offers a diverse portfolio of lifestyle basics and branded activewear apparel, headwear, and related accessory products. It specializes in selling casual and athletic products through distribution channels and distribution tiers, including specialty stores, boutiques, department stores, mid and mass channels, e-retailers, and the U.S. military. It also offers its products to consumers on its websites and in its retail stores. The company derives the maximum revenue from the wholesale of goods through the Delta Group in the United States.
16GF Score

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

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