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Mission Produce (MEX:AVO) Change In Receivables : MXN-262 Mil (TTM As of Apr. 2024)


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What is Mission Produce Change In Receivables?

Mission Produce's change in receivables for the quarter that ended in Apr. 2024 was MXN-261 Mil. It means Mission Produce's Accounts Receivable increased by MXN261 Mil from Jan. 2024 to Apr. 2024 .

Mission Produce's change in receivables for the fiscal year that ended in Oct. 2023 was MXN-130 Mil. It means Mission Produce's Accounts Receivable increased by MXN130 Mil from Oct. 2022 to Oct. 2023 .

Mission Produce's Accounts Receivable for the quarter that ended in Apr. 2024 was MXN1,698 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. Mission Produce's Days Sales Outstanding for the three months ended in Apr. 2024 was 30.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Mission Produce's liquidation value for the three months ended in Apr. 2024 was MXN-4,413 Mil.


Mission Produce Change In Receivables Historical Data

The historical data trend for Mission Produce'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.

* Premium members only.

Mission Produce Change In Receivables Chart

Mission Produce Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Change In Receivables
Get a 7-Day Free Trial 46.02 129.78 -361.70 140.92 -129.98

Mission Produce Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -336.37 -208.98 402.58 -194.09 -261.08

Mission Produce 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-262 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.


Mission Produce  (MEX:AVO) 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.

Mission Produce's Days Sales Outstanding for the quarter that ended in Apr. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1697.888/5078.306*91
=30.51

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

Mission Produce's liquidation value for the quarter that ended in Apr. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=788.366-7284.707+0.75 * 1697.888+0.5 * 1619.393
=-4,413

* 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.


Mission Produce Change In Receivables Related Terms

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Mission Produce (MEX:AVO) Business Description

Traded in Other Exchanges
Address
2710 Camino Del Sol, Oxnard, CA, USA, 93030
Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.