Montfort Capital (Montfort Capital) Change In Receivables : $-6.96 Mil (TTM As of Mar. 2024)

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What is Montfort Capital Change In Receivables?

Montfort Capital's change in receivables for the quarter that ended in Mar. 2024 was $-3.05 Mil. It means Montfort Capital's Accounts Receivable increased by $3.05 Mil from Dec. 2023 to Mar. 2024 .

Montfort Capital's change in receivables for the fiscal year that ended in Dec. 2023 was $-5.69 Mil. It means Montfort Capital's Accounts Receivable increased by $5.69 Mil from Dec. 2022 to Dec. 2023 .

Montfort Capital's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.17 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. Montfort Capital's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.73.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Montfort Capital's liquidation value for the three months ended in Mar. 2024 was $-287.19 Mil.

Montfort Capital Change In Receivables Historical Data

The historical data trend for Montfort Capital'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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Montfort Capital Change In Receivables Chart

Montfort Capital Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Dec21

Dec22

Dec23

Change In Receivables

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-0.07

-0.10

-1.47

-5.69

Montfort Capital Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-1.74	-1.13	-1.84	-0.95	-3.05

Montfort Capital 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 $-6.96 Mil.

Montfort Capital (OTCPK:MONTF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.168	/	8.846	*	91
=	1.73

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

Montfort Capital'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)
=	5.957	-	293.271	+	0.75 * 0.168	+	0.5 * 0
=	-287.19

Montfort Capital Change In Receivables Related Terms

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Montfort Capital (Montfort Capital) Business Description

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MONT.PR.A.PFD:Canada MONT:Canada

Address

181 Bay Street, Suite 2920, Bay Wellington Tower, Toronto, ON, CAN, M5J 2T3

Website

https://www.montfortcapital.com

Montfort Capital Corp manages a diversified family of specialized private credit brands that utilize focused strategies and experienced management teams combined with advanced technology to improve fee-related performance. Montfort facilitates transparency for all its investors through public company reporting. Its mission is to create value for shareholders by leveraging a tech-enabled lending platform to provide private debt capital to growing businesses through its group of specialty finance companies.