Martinrea International (TSX:MRE) Change In Receivables : C$104 Mil (TTM As of Mar. 2024)

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What is Martinrea International Change In Receivables?

Martinrea International's change in receivables for the quarter that ended in Mar. 2024 was C$-118 Mil. It means Martinrea International's Accounts Receivable increased by C$118 Mil from Dec. 2023 to Mar. 2024 .

Martinrea International's change in receivables for the fiscal year that ended in Dec. 2023 was C$90 Mil. It means Martinrea International's Accounts Receivable declined by C$90 Mil from Dec. 2022 to Dec. 2023 .

Martinrea International's Accounts Receivable for the quarter that ended in Mar. 2024 was C$784 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. Martinrea International's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Martinrea International's liquidation value for the three months ended in Mar. 2024 was C$-1,556 Mil.

Martinrea International Change In Receivables Historical Data

The historical data trend for Martinrea 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.

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Martinrea International Change In Receivables Chart

Martinrea International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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12.82

26.61

-57.15

-116.07

89.90

Martinrea 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															-131.87	4.87	-1.11	218.00	-118.21

Martinrea 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 C$104 Mil.

Martinrea International (TSX:MRE) 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.

Martinrea 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
=	783.885	/	1323.913	*	91
=	54.03

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

Martinrea 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)
=	173.694	-	2596.241	+	0.75 * 783.885	+	0.5 * 558.119
=	-1,556

Martinrea International Change In Receivables Related Terms

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Martinrea International (TSX:MRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Martinrea International Inc (TSX:MRE) » Definitions » Change In Receivables

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Traded in Other Exchanges

MRETF:USA 03M:Germany

Address

3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2

Website

https://www.martinrea.com

Martinrea International Inc is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea's products in North America.

Executives

Ganesh Koduvayur Venkatasubramanian Kesavan Iyer	Senior Officer
Armando Pagliari	Senior Officer

Martinrea International (TSX:MRE) Headlines

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