Magnit PJSC (MIC:MGNT) Change In Receivables: ₽-3,103 Mil (TTM As of Jun. 2023)

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MIC:MGNT Magnit PJSC MIC:MGNT
17 GF Score
Price ₽1,671.00
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What is Magnit PJSC Change In Receivables?

Magnit PJSC MIC:MGNT +3.50% 17 Change In Receivables is ₽-3,103 Mil as of Jun. 2023. GuruFocus rates MIC:MGNT with a GF Score™ of 17/100.

Magnit PJSC's change in receivables for the quarter that ended in Jun. 2023 was ₽8,080 Mil. It means Magnit PJSC's Accounts Receivable declined by ₽8,080 Mil from Dec. 2022 to Jun. 2023 .

Magnit PJSC's change in receivables for the fiscal year that ended in Dec. 2022 was ₽-10,476 Mil. It means Magnit PJSC's Accounts Receivable increased by ₽10,476 Mil from Dec. 2021 to Dec. 2022 .

Magnit PJSC's Accounts Receivable for the quarter that ended in Jun. 2023 was ₽5,778 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. Magnit PJSC's Days Sales Outstanding for the six months ended in Jun. 2023 was 0.86.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Magnit PJSC's liquidation value for the six months ended in Jun. 2023 was ₽-746,597 Mil.

Magnit PJSC  (MIC:MGNT) 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.

Magnit PJSC's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5777.91/1229455.981*91
=0.86

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

Magnit PJSC's liquidation value for the quarter that ended in Jun. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=299454.165-1159742.766+0.75 * 5777.91+0.5 * 218715.746
=-746,597

* 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.

Magnit PJSC Change In Receivables Related Terms

Magnit PJSC Change In Receivables Historical Data

* Premium members only.

The historical data trend for Magnit PJSC'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.

Magnit PJSC Change In Receivables Chart

Magnit PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.96 -8,184.89 5,409.59 -693.37 -10,475.66

Magnit PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -3,810.98 3,117.60 707.84 -11,183.50 8,080.27
MIC:MGNT
17GF Score
Magnit PJSC MIC:MGNT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnit PJSC 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₽-3,103 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 ₽-3,103 Mil mean?
Magnit PJSC (MIC:MGNT) has a Change In Receivables of ₽-3,103 Mil as of Jun. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Magnit PJSC and its competitors.
Is Magnit PJSC's Change In Receivables too high?
Magnit PJSC's current Change In Receivables is ₽-3,103 Mil. Overall, Magnit PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magnit PJSC's Change In Receivables compare to WMT and COST?
Magnit PJSC's Change In Receivables of ₽-3,103 Mil can be compared against companies in the Retail - Defensive 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 - Defensive company?
A good Change In Receivables depends on the Retail - Defensive 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 Magnit PJSC and its competitors. Magnit PJSC's current Change In Receivables is ₽-3,103 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnit PJSC stock overvalued right now?
Magnit PJSC (MIC:MGNT) has a current Change In Receivables of ₽-3,103 Mil. The current Change In Receivables is ₽-3,103 Mil. Magnit PJSC's overall GF Score™ is 17/100. 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 Magnit PJSC (MIC:MGNT), the current Change In Receivables is ₽-3,103 Mil as of Jun. 2023. 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.

Magnit PJSC Business Description

Address 15/5, Solnechnaya Street, Krasnodar, RUS, 350072
Magnit PJSC operates in the retail and distribution of consumer goods under the Magnit, the DIXY, and the Megamart names. The Group's retail operations are operated through convenience stores, cosmetic stores, supermarkets, and others. The Group's business operations are located in the Russian Federation and relate mainly to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets, and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.
17GF 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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