MSGE (Madison Square Garden Entertainment) Change In Receivables: $-6 Mil (TTM As of Mar. 2026)

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MSGE Madison Square Garden Entertainment Corp MSGE
74 GF Score
Price $76.26
GF Value $43.31
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Madison Square Garden Entertainment Change In Receivables?

Madison Square Garden Entertainment MSGE -0.14% 74 Change In Receivables is $-6 Mil as of Mar. 2026. GuruFocus rates MSGE with a GF Score™ of 74/100 and a GF Value™ of $43.31 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Madison Square Garden Entertainment's change in receivables for the quarter that ended in Mar. 2026 was $31 Mil. It means Madison Square Garden Entertainment's Accounts Receivable declined by $31 Mil from Dec. 2025 to Mar. 2026 .

Madison Square Garden Entertainment's change in receivables for the fiscal year that ended in Jun. 2025 was $10 Mil. It means Madison Square Garden Entertainment's Accounts Receivable declined by $10 Mil from Jun. 2024 to Jun. 2025 .

Madison Square Garden Entertainment's Accounts Receivable for the quarter that ended in Mar. 2026 was $90 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. Madison Square Garden Entertainment's Days Sales Outstanding for the three months ended in Mar. 2026 was 33.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Madison Square Garden Entertainment's liquidation value for the three months ended in Mar. 2026 was $-1,517 Mil.


Madison Square Garden Entertainment  (NYSE:MSGE) 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.

Madison Square Garden Entertainment's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=89.675/246.26*91
=33.23

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

Madison Square Garden Entertainment'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)
=323.094-1909.268+0.75 * 89.675+0.5 * 3.049
=-1,517

* 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.


Madison Square Garden Entertainment Change In Receivables Related Terms


Madison Square Garden Entertainment Change In Receivables Historical Data

* Premium members only.

The historical data trend for Madison Square Garden Entertainment'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.

Madison Square Garden Entertainment Change In Receivables Chart

Madison Square Garden Entertainment Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Change In Receivables
Get a 7-Day Free Trial -18.82 -34.86 38.84 -13.94 9.59

Madison Square Garden Entertainment Quarterly Data
Jun21 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 8.92 17.57 -14.43 -39.93 31.01
MSGE
74GF Score
Madison Square Garden Entertainment Corp MSGE
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Madison Square Garden Entertainment 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 $-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 $-6 Mil mean?
Madison Square Garden Entertainment (MSGE) has a Change In Receivables of $-6 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Madison Square Garden Entertainment and its competitors.
Is Madison Square Garden Entertainment's Change In Receivables too high?
Madison Square Garden Entertainment's current Change In Receivables is $-6 Mil. Overall, Madison Square Garden Entertainment has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Entertainment's Change In Receivables compare to CNK and MANU?
Madison Square Garden Entertainment's Change In Receivables of $-6 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Change In Receivables depends on the Media - Diversified 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 Madison Square Garden Entertainment and its competitors. Madison Square Garden Entertainment's current Change In Receivables is $-6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Square Garden Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Entertainment (MSGE) is currently considered Significantly Overvalued. The stock's GF Value™ is $43.31, compared to a current price of $76.26 — trading 76.1% above its estimated fair value. The current Change In Receivables is $-6 Mil. Madison Square Garden Entertainment's overall GF Score™ is 74/100 with 7 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 Madison Square Garden Entertainment (MSGE), the current Change In Receivables is $-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 Madison Square Garden Entertainment (MSGE) Overvalued in 2026?

Based on GuruFocus' analysis, Madison Square Garden Entertainment stock appears to be overvalued. The current stock price of $76.26 is trading 76.1% above its estimated GF Value™ of $43.31. GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.

Key valuation signals for MSGE:

  • Change In Receivables: $-6 Mil
  • GF Value™: $43.31 vs. price of $76.26 (76.1% above fair value)
  • GF Score™: 74/100 with 7 warning signs

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


Madison Square Garden Entertainment Business Description

Address Two Penn Plaza, New York, NY, USA, 10121
Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.
74GF Score

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

$76.26
Price
$43.31
GF Value