Spin Master (Spin Master) Change In Receivables : $-6 Mil (TTM As of Mar. 2024)

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What is Spin Master Change In Receivables?

Spin Master's change in receivables for the quarter that ended in Mar. 2024 was $223 Mil. It means Spin Master's Accounts Receivable declined by $223 Mil from Dec. 2023 to Mar. 2024 .

Spin Master's change in receivables for the fiscal year that ended in Dec. 2023 was $-125 Mil. It means Spin Master's Accounts Receivable increased by $125 Mil from Dec. 2022 to Dec. 2023 .

Spin Master's Accounts Receivable for the quarter that ended in Mar. 2024 was $286 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. Spin Master's Days Sales Outstanding for the three months ended in Mar. 2024 was 82.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Spin Master's liquidation value for the three months ended in Mar. 2024 was $-632 Mil.

Spin Master Change In Receivables Historical Data

The historical data trend for Spin Master'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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Spin Master Change In Receivables Chart

Spin Master Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-92.10

74.00

-40.40

62.00

-124.90

Spin Master Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															104.10	-108.20	-153.70	32.90	223.40

Spin Master 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6 Mil.

Spin Master (OTCPK:SNMSF) 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.

Spin Master's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	285.9	/	316.2	*	91
=	82.51

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

Spin Master's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	205.5	-	1178.3	+	0.75 * 285.9	+	0.5 * 252.1
=	-632

Spin Master Change In Receivables Related Terms

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Spin Master (Spin Master) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Spin Master Corp (OTCPK:SNMSF) » Definitions » Change In Receivables

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Traded in Other Exchanges

SP9:Germany TOY:Canada

Address

225 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2

Website

https://www.spinmaster.com

Spin Master is a children's entertainment company operating in the just over $100 billion global toy industry. The company creates, designs, manufactures, and markets a portfolio of products, brands, and entertainment properties across four key categories (outdoor, wheels & action, preschool and dolls & interactive, and activities, games and puzzles and plush). Spin Master has increased brand awareness via homegrown brands including Paw Patrol, Rusty Rivets, and Bakugan but has leaned on a robust acquisition strategy to reach adjacent markets through tie-ups like Rubik's, Swimways, and Melissa & Doug (which is set to come on board in 2024). The company has global reach, with more than 30 offices in nearly 20 countries and sales in over 100 markets.