MEC (Mayville Engineering Co) Change In Receivables: $3.6 Mil (TTM As of Mar. 2026)

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MEC Mayville Engineering Co Inc MEC
68 GF Score
Price $29.51
GF Value $15.59
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Mayville Engineering Co Change In Receivables?

Mayville Engineering Co MEC -4.56% 68 Change In Receivables is $3.6 Mil as of Mar. 2026. GuruFocus rates MEC with a GF Score™ of 68/100 and a GF Value™ of $15.59 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Mayville Engineering Co's change in receivables for the quarter that ended in Mar. 2026 was $-10.6 Mil. It means Mayville Engineering Co's Accounts Receivable increased by $10.6 Mil from Dec. 2025 to Mar. 2026 .

Mayville Engineering Co's change in receivables for the fiscal year that ended in Dec. 2025 was $6.0 Mil. It means Mayville Engineering Co's Accounts Receivable declined by $6.0 Mil from Dec. 2024 to Dec. 2025 .

Mayville Engineering Co's Accounts Receivable for the quarter that ended in Mar. 2026 was $68.1 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. Mayville Engineering Co's Days Sales Outstanding for the three months ended in Mar. 2026 was 42.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mayville Engineering Co's liquidation value for the three months ended in Mar. 2026 was $-259.7 Mil.

Mayville Engineering Co  (NYSE:MEC) 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.

Mayville Engineering Co's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=68.138/144.78*91
=42.95

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

Mayville Engineering Co's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.066-345.886+0.75 * 68.138+0.5 * 66.024
=-259.7

* 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.

Mayville Engineering Co Change In Receivables Related Terms

Mayville Engineering Co Change In Receivables Historical Data

* Premium members only.

The historical data trend for Mayville Engineering Co'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.

Mayville Engineering Co Change In Receivables Chart

Mayville Engineering Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only -12.67 -2.50 7.79 8.10 6.04

Mayville Engineering Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -8.17 6.57 -3.76 11.40 -10.60
MEC
68GF Score
Mayville Engineering Co Inc MEC
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Mayville Engineering Co 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.6 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 $3.6 Mil mean?
Mayville Engineering Co (MEC) has a Change In Receivables of $3.6 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Mayville Engineering Co and its competitors.
Is Mayville Engineering Co's Change In Receivables too high?
Mayville Engineering Co's current Change In Receivables is $3.6 Mil. Overall, Mayville Engineering Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mayville Engineering Co's Change In Receivables compare to IIIN and RYZ?
Mayville Engineering Co's Change In Receivables of $3.6 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Receivables depends on the Industrial Products 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 Mayville Engineering Co and its competitors. Mayville Engineering Co's current Change In Receivables is $3.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayville Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Mayville Engineering Co (MEC) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.59, compared to a current price of $29.51 — trading 89.3% above its estimated fair value. The current Change In Receivables is $3.6 Mil. Mayville Engineering Co's overall GF Score™ is 68/100 with 4 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 Mayville Engineering Co (MEC), the current Change In Receivables is $3.6 Mil as of Mar. 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 Mayville Engineering Co (MEC) Overvalued in 2026?

Based on GuruFocus' analysis, Mayville Engineering Co stock appears to be overvalued. The current stock price of $29.51 is trading 89.3% above its estimated GF Value™ of $15.59. GuruFocus considers Mayville Engineering Co to be Significantly Overvalued.

Key valuation signals for MEC:

  • Change In Receivables: $3.6 Mil
  • GF Value™: $15.59 vs. price of $29.51 (89.3% above fair value)
  • GF Score™: 68/100 with 4 warning signs

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

Mayville Engineering Co Business Description

Address 135 South 84th Street, Suite 300, Milwaukee, WI, USA, 53214
Mayville Engineering Co Inc is involved in a manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly, and aftermarket components. Its customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. Its services comprise stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly, and logistic services.
68GF Score

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

$29.51
Price
$15.59
GF Value