MPAD (Micropac Industries) Change In Receivables : $-5.47 Mil (TTM As of Aug. 2024)

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What is Micropac Industries Change In Receivables?

Micropac Industries's change in receivables for the quarter that ended in Aug. 2024 was $-5.09 Mil. It means Micropac Industries's Accounts Receivable increased by $5.09 Mil from May. 2024 to Aug. 2024 .

Micropac Industries's change in receivables for the fiscal year that ended in Nov. 2023 was $-3.50 Mil. It means Micropac Industries's Accounts Receivable increased by $3.50 Mil from Nov. 2022 to Nov. 2023 .

Micropac Industries's Accounts Receivable for the quarter that ended in Aug. 2024 was $9.64 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. Micropac Industries's Days Sales Outstanding for the three months ended in Aug. 2024 was 69.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Micropac Industries's liquidation value for the three months ended in Aug. 2024 was $5.49 Mil.

Micropac Industries Change In Receivables Historical Data

The historical data trend for Micropac Industries'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.

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Micropac Industries Change In Receivables Chart

Micropac Industries Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

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0.11

0.55

-2.43

0.61

-3.50

Micropac Industries Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Change In Receivables	Get a 7-Day Free Trial															0.12	-3.55	3.17	-0.01	-5.09

Micropac Industries 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.47 Mil.

Micropac Industries (OTCPK:MPAD) 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.

Micropac Industries's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.643	/	12.633	*	91
=	69.65

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

Micropac Industries's liquidation value for the quarter that ended in Aug. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	11.218	-	19.083	+	0.75 * 9.643	+	0.5 * 12.238
=	5.49

Micropac Industries Change In Receivables Related Terms

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Micropac Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Micropac Industries Inc (OTCPK:MPAD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

1655 State Highway 66, Garland, TX, USA, 75040

Website

https://www.micropac.com

Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.

Executives

Mark W King	director, officer: Chief Executive Officer	2905 WYNDHAM LANE, RICHARDSON TX 75082
Richard K Hoesterey	director	7852 LA COSA DRIVE, DALLAS TX 75248
Eugene A. Robinson	director	1200 LAKE POINT CIRCLE, MCKINNEY TX 75070
Heinz-werner Hempel	director, 10 percent owner	AM WALL 127 D-281951, BREMEN 2M 00000
Micropac Industries, Inc.	10 percent owner	AM WALL 127 D-281951 1, BREMEN 2M 00000
Patrick Cefalu	officer: CFO	8706 ARBORSIDE, ROWLETT TX 75089
Wood Connie J.	director	877 FM 2948, COMO TX 75431
H. Kent Hearn	director	1409 BRIAR HOLLOW, GARLAND TX 75043

Micropac Industries Headlines

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