Superior Group Of (Superior Group Of) Change In Receivables : $-0.5 Mil (TTM As of Mar. 2024)

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What is Superior Group Of Change In Receivables?

Superior Group Of's change in receivables for the quarter that ended in Mar. 2024 was $5.8 Mil. It means Superior Group Of's Accounts Receivable declined by $5.8 Mil from Dec. 2023 to Mar. 2024 .

Superior Group Of's change in receivables for the fiscal year that ended in Dec. 2023 was $8.4 Mil. It means Superior Group Of's Accounts Receivable declined by $8.4 Mil from Dec. 2022 to Dec. 2023 .

Superior Group Of's Accounts Receivable for the quarter that ended in Mar. 2024 was $93.7 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. Superior Group Of's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Superior Group Of's liquidation value for the three months ended in Mar. 2024 was $-69.0 Mil.

Superior Group Of Change In Receivables Historical Data

The historical data trend for Superior Group Of'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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Superior Group Of Change In Receivables Chart

Superior Group Of Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-5.74

-30.22

-5.55

-13.07

8.38

Superior Group Of 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															14.67	2.67	-1.48	-7.48	5.77

Superior Group Of 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 $-0.5 Mil.

Superior Group Of (NAS:SGC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	93.737	/	138.842	*	91
=	61.61

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

Superior Group Of'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)
=	22.04	-	207.66	+	0.75 * 93.737	+	0.5 * 92.573
=	-69.0

Superior Group Of Change In Receivables Related Terms

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Superior Group Of (Superior Group Of) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Superior Group Of Companies Inc (NAS:SGC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

6G6:Germany

Address

10055 Seminole Boulevard, Seminole, FL, USA, 33772

Website

https://www.superiorgroupofcompanies.com

Superior Group Of Companies Inc designs apparel products. The company's operating segment includes Branded Products; Healthcare Apparel and Contact Centers. It generates maximum revenue from the Branded Products segment. The Branded Products segment produce and sell customized merchandising solutions, promotional products and branded uniform programs to customers.

Executives

Michael Koempel	officer: CFO	10055 SEMINOLE BLVD, SEMINOLE FL 33777
Michael Benstock	director, officer: Chief Executive Officer	C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
Todd E Siegel	director	2003 GANDY BLVD. NORTH, SUITE 800, ST. PETERSBURG FL 33702
Catherine Beldotti Donlan	officer: President, SUG Healthcare	10055 SEMINOLE BLVD, SEMINOLE FL 33777
Paul V Mellini	director	SUPERIOR UNIFORM GROUP, INC., 10055 SEMINOLE BLVD., SEMINOLE FL 33772
Sidney Kirschner	director	C/O SUPERIOR UNIFORM GROUP INC, PO BOX 4002, SEMINOLE FL 33775
Jake Himelstein	officer: President, BAMKO, LLC	10055 SEMINOLE BLVD, SEMINOLE FL 33777
Robin Hensley	director	C/O SUPERIOR UNIFORM GROUP INC, PO BOX 4002, SEMINOLE FL 33775
Philip Koosed	other: President of BAMKO, LLC	10055 SEMINOLE BLVD., SEMINOLE X1 33772
Venita Elaine Fields	director	10055 SEMINOLE BLVD., SEMINOLE FL 33772
Jordan M. Alpert	officer: Secretary & General Counsel	SUPERIOR UNIFORM GROUP, INC., 10055 SEMINOLE BLVD., SEMINOLE FL 33772
Michael Attinella	officer: CFO & Treasurer	C/O SUPERIOR GROUP OF COMPANIES, INC., 10055 SEMINOLE BLVE, SEMINOLE FL 33772
Demott Andrew D Jr	officer: Senior V.P., CFO	C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
Gerald M Benstock	director, 10 percent owner, officer: Chairman of the Board	SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772
Dominic Leide	V.P. Admin & Customer Support, other: President of The Office Gurus	SUPERIOR UNIFORM GROUP, INC., 10055 SEMINOLE BLVD., SEMINOLE FL 33772