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Morguard (TSX:MRC) Change In Receivables : C$9 Mil (TTM As of Dec. 2024)


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What is Morguard Change In Receivables?

Morguard's change in receivables for the quarter that ended in Dec. 2024 was C$5 Mil. It means Morguard's Accounts Receivable declined by C$5 Mil from Sep. 2024 to Dec. 2024 .

Morguard's change in receivables for the fiscal year that ended in Dec. 2024 was C$9 Mil. It means Morguard's Accounts Receivable declined by C$9 Mil from Dec. 2023 to Dec. 2024 .

Morguard's Accounts Receivable for the quarter that ended in Dec. 2024 was C$15 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. Morguard's Days Sales Outstanding for the three months ended in Dec. 2024 was 4.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Morguard's liquidation value for the three months ended in Dec. 2024 was C$-6,888 Mil.


Morguard Change In Receivables Historical Data

The historical data trend for Morguard'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.

* Premium members only.

Morguard Change In Receivables Chart

Morguard Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.31 23.18 -9.13 20.37 8.99

Morguard Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.06 6.24 2.81 -5.37 5.31

Morguard 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$9 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.


Morguard  (TSX:MRC) 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.

Morguard's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=15.3/285.428*91
=4.89

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

Morguard's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=140.725-7040.172+0.75 * 15.3+0.5 * 0
=-6,888

* 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.


Morguard Change In Receivables Related Terms

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Morguard Business Description

Traded in Other Exchanges
Address
55 City Centre Drive, Suite 1000, Legal Department, Mississauga, ON, CAN, L5B 1M3
Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: multi-suite residential, retail, office, and hotel. and the majority of its revenue is generated from the Multi-suite Residential segment. Geographically, the company operates in the United States and Canada. The company also offers real estate management services and property investment advisory services.
Executives
Sime Armoyan 10% Security Holder
Kuldip Rai Sahi 10% Security Holder, Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Bruce Keith Robertson Director
Chris J. Cahill Director
William James Braithwaite Director
David King Director