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Masco (MAS) Change In Receivables : $-22 Mil (TTM As of Mar. 2024)


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What is Masco Change In Receivables?

Masco's change in receivables for the quarter that ended in Mar. 2024 was $-258 Mil. It means Masco's Accounts Receivable increased by $258 Mil from Dec. 2023 to Mar. 2024 .

Masco's change in receivables for the fiscal year that ended in Dec. 2023 was $42 Mil. It means Masco's Accounts Receivable declined by $42 Mil from Dec. 2022 to Dec. 2023 .

Masco's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,310 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. Masco's Days Sales Outstanding for the three months ended in Mar. 2024 was 62.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Masco's liquidation value for the three months ended in Mar. 2024 was $-3,299 Mil.


Masco Change In Receivables Historical Data

The historical data trend for Masco'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.

Masco Change In Receivables Chart

Masco 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 -37.00 -141.00 -64.00 -15.00 42.00

Masco 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 -194.00 -49.00 123.00 162.00 -258.00

Masco 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 $-22 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.


Masco  (NYSE:MAS) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1310/1926*91
=62.07

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

Masco'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)
=368-5179+0.75 * 1310+0.5 * 1059
=-3,299

* 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.


Masco Change In Receivables Related Terms

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Masco (MAS) Business Description

Traded in Other Exchanges
Address
17450 College Parkway, Livonia, MI, USA, 48152
Masco manufactures a variety of home improvement and building products. The company's $5.3 billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing fixtures and components. The $3.4 billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands, but it also sells builder hardware and lighting products.
Executives
Kenneth G. Cole officer: VP, General Counsel and Sec. 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Jai Shah officer: VP - Chief HR Officer 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Richard J. Westenberg officer: VP and CFO 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Donald R Parfet director C/O 350 E MICHIGAN AVENUE STE 500, APJOHN GROUP LLC, KALAMAZOO MI 49007
Renee Straber officer: VP - Chief HR Officer 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Keith J. Allman director, officer: President and CEO 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Reddy Sandeep director C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021
David A. Chaika officer: Interim CFO 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Jonathon Nudi director GENERAL MILLS, INC., ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
John G Sznewajs officer: VP Corp. Development&Treasurer 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Imran Ahmad officer: Group President 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Turner Reginald M Jr director 500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Stevens Charles K. Iii director 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Aine Denari director C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Robin L Zondervan officer: VP, Controller and CAO 901 44TH STREET SE, GRAND RAPIDS MI 49508

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