MVNT (Movement Industries) Change In Receivables: $-0.06 Mil (TTM As of Jun. 2023)

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What is Movement Industries Change In Receivables?

Movement Industries MVNT +5.00% Change In Receivables is $-0.06 Mil as of Jun. 2023.

Movement Industries's change in receivables for the quarter that ended in Jun. 2023 was $-0.06 Mil. It means Movement Industries's Accounts Receivable increased by $0.06 Mil from Jun. 2022 to Jun. 2023 .

Movement Industries's change in receivables for the fiscal year that ended in Jun. 2023 was $-0.06 Mil. It means Movement Industries's Accounts Receivable increased by $0.06 Mil from Jun. 2022 to Jun. 2023 .

Movement Industries's Accounts Receivable for the quarter that ended in Jun. 2023 was $0.64 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. Movement Industries's Days Sales Outstanding for the six months ended in Jun. 2023 was 133.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Movement Industries's liquidation value for the six months ended in Jun. 2023 was $-1.84 Mil.

Movement Industries  (OTCPK:MVNT) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.635/0.868*91
=133.51

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

Movement Industries'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)
=0.004-2.369+0.75 * 0.635+0.5 * 0.096
=-1.84

* 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.

Movement Industries Change In Receivables Related Terms

Movement Industries Change In Receivables Historical Data

* Premium members only.

The historical data trend for Movement 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.

Movement Industries Change In Receivables Chart

Movement Industries Annual Data
Trend Jun22 Jun23
Change In Receivables
-0.48 -0.06

Movement Industries Semi-Annual Data
Jun22 Jun23
Change In Receivables -0.48 -0.06

Movement 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.06 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 $-0.06 Mil mean?
Movement Industries (MVNT) has a Change In Receivables of $-0.06 Mil as of Jun. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Movement Industries and its competitors.
Is Movement Industries' Change In Receivables too high?
Movement Industries' current Change In Receivables is $-0.06 Mil.
How does Movement Industries' Change In Receivables compare to ILUS and BENF?
Movement Industries' Change In Receivables of $-0.06 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Change In Receivables depends on the Asset Management 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 Movement Industries and its competitors. Movement Industries's current Change In Receivables is $-0.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Movement Industries stock overvalued right now?
Movement Industries (MVNT) has a current Change In Receivables of $-0.06 Mil. The current Change In Receivables is $-0.06 Mil. 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 Movement Industries (MVNT), the current Change In Receivables is $-0.06 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.

Movement Industries Business Description

Address 6829 Flintlock Road, Houston, TX, USA, 77040
Movement Industries Corp invests in and operates companies across the energy, oil and gas, renewables, agricultural, and industrial manufacturing sectors. The company operates in North America, South America, Africa, European and Asian markets.