STXMF (Starrex International) Change In Receivables: $0.41 Mil (TTM As of Mar. 2024)

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STXMF Starrex International Ltd STXMF
12 GF Score
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What is Starrex International Change In Receivables?

Starrex International STXMF -91.11% 12 Change In Receivables is $0.41 Mil as of Mar. 2024. GuruFocus rates STXMF with a GF Score™ of 12/100.

Starrex International's change in receivables for the quarter that ended in Mar. 2024 was $-0.08 Mil. It means Starrex International's Accounts Receivable increased by $0.08 Mil from Dec. 2023 to Mar. 2024 .

Starrex International's change in receivables for the fiscal year that ended in Dec. 2023 was $0.38 Mil. It means Starrex International's Accounts Receivable declined by $0.38 Mil from Dec. 2022 to Dec. 2023 .

Starrex International's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.36 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. Starrex International's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.34.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Starrex International's liquidation value for the three months ended in Mar. 2024 was $-7.21 Mil.

Starrex International  (OTCPK:STXMF) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.36/1.247*91
=26.34

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

Starrex International'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)
=1.743-9.218+0.75 * 0.36+0.5 * 0
=-7.21

* 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.

Starrex International Change In Receivables Related Terms

Starrex International Change In Receivables Historical Data

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The historical data trend for Starrex International'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.

Starrex International Change In Receivables Chart

Starrex International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.37 0.05 -0.13 0.38

Starrex International 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 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 Premium Member Only Premium Member Only -0.11 -0.15 0.16 0.48 -0.08
STXMF
12GF Score
Starrex International Ltd STXMF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Starrex International 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 $0.41 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 $0.41 Mil mean?
Starrex International (STXMF) has a Change In Receivables of $0.41 Mil as of Mar. 2024. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Starrex International and its competitors.
Is Starrex International's Change In Receivables too high?
Starrex International's current Change In Receivables is $0.41 Mil. Overall, Starrex International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Starrex International's Change In Receivables compare to LRBI and FNMA?
Starrex International's Change In Receivables of $0.41 Mil can be compared against companies in the Banks 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 Banks company?
A good Change In Receivables depends on the Banks 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 Starrex International and its competitors. Starrex International's current Change In Receivables is $0.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starrex International stock overvalued right now?
Starrex International (STXMF) has a current Change In Receivables of $0.41 Mil. The current Change In Receivables is $0.41 Mil. Starrex International's overall GF Score™ is 12/100. 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 Starrex International (STXMF), the current Change In Receivables is $0.41 Mil as of Mar. 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.

Starrex International Business Description

Address 1250, 639 - 5th Avenue South West, Calgary, AB, CAN, T2P 0M9
Starrex International Ltd is engaged in acquiring, managing, and growing companies in the United States active in the mortgage, real estate, and other financial sectors. it operates in three segments; Starrex International Ltd. or Corporate, manages the wholly owned subsidiaries, as well as shareholder services and corporate governance; MFI Credit Solutions, LLC manages consumer credit reporting and maintains all of the ordering, tracking, administrative duties and details required to support consumer credit reporting activities; and All American Title Company, LLC. provides services required to transfer title to property in a real estate transaction and includes services such as searching, abstracting, examining, closing and insuring the condition of the title to the property.
12GF Score

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

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