MVRK (Maverick Lifestyle) Change In Receivables: $0.09 Mil (TTM As of Sep. 2024)

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What is Maverick Lifestyle Change In Receivables?

Maverick Lifestyle MVRK Change In Receivables is $0.09 Mil as of Sep. 2024.

Maverick Lifestyle's change in receivables for the quarter that ended in Sep. 2024 was $-0.04 Mil. It means Maverick Lifestyle's Accounts Receivable increased by $0.04 Mil from Jun. 2024 to Sep. 2024 .

Maverick Lifestyle's change in receivables for the fiscal year that ended in Dec. 2023 was $0.08 Mil. It means Maverick Lifestyle's Accounts Receivable declined by $0.08 Mil from Dec. 2022 to Dec. 2023 .

Maverick Lifestyle's Accounts Receivable for the quarter that ended in Sep. 2024 was $0.20 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. Maverick Lifestyle's Days Sales Outstanding for the three months ended in Sep. 2024 was 21.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Maverick Lifestyle's liquidation value for the three months ended in Sep. 2024 was $-10.86 Mil.

Maverick Lifestyle  (NAS:MVRK) 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.

Maverick Lifestyle's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.201/0.844*91
=21.73

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

Maverick Lifestyle's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.155-11.542+0.75 * 0.201+0.5 * 0.751
=-10.86

* 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.

Maverick Lifestyle Change In Receivables Related Terms

Maverick Lifestyle Change In Receivables Historical Data

* Premium members only.

The historical data trend for Maverick Lifestyle'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.

Maverick Lifestyle Change In Receivables Chart

Maverick Lifestyle Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
0.00 0.11 -0.10 0.08

Maverick Lifestyle Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.05 -0.02 0.13 0.00 -0.04

Maverick Lifestyle 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.09 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 $0.09 Mil mean?
Maverick Lifestyle (MVRK) has a Change In Receivables of $0.09 Mil as of Sep. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Maverick Lifestyle and its competitors.
Is Maverick Lifestyle's Change In Receivables too high?
Maverick Lifestyle's current Change In Receivables is $0.09 Mil.
How does Maverick Lifestyle's Change In Receivables compare to ?
Maverick Lifestyle's Change In Receivables of $0.09 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Change In Receivables depends on the Tobacco Products 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 Maverick Lifestyle and its competitors. Maverick Lifestyle's current Change In Receivables is $0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maverick Lifestyle stock overvalued right now?
Maverick Lifestyle (MVRK) has a current Change In Receivables of $0.09 Mil. The current Change In Receivables is $0.09 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 Maverick Lifestyle (MVRK), the current Change In Receivables is $0.09 Mil as of Sep. 2024. 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.

Maverick Lifestyle Business Description

Comparable Companies
Address 7427 NC Highway 58 South, Stantonsburg, NC, USA, 27883
Maverick Lifestyle Inc is a Hemp Canna-Infused Products Company primarily engaged in the manufacturing, branding, marketing, distribution and sales of products infused with hemp-derived cannabinoids (including but not limited to delta-8-THC, delta-9-THC, delta-10-THC, HHC, CBD, CBG and CBN) such as pre-rolled hemp joints and hemp cigarettes, hemp cigarillos, blunts, disposable live resin vapes, gummies and unique edibles. It is also engaged in the development of high speed rolling manufacturing technology specifically designed for the hemp and cannabis industry, such as converting high speed tobacco rolling machines to roll stickier products such as delta-8-THC, HHC infused hemp, packing machines to automatically package rolled products into consumer packaging ready for the shelf.