Magnera (MAGN) Change in Receivables (2010 - 2023)
Magnera's (MAGN) quarterly Change in Receivables came in at -$18.6 million in Q3 2023, down 85.21% year-over-year from -$125.8 million in Q3 2022, and down 186.86% quarter-over-quarter from -$6.5 million in Q2 2023.
Analysis
Magnera (MAGN) Change in Receivables (2010 - 2023) Analysis & Trends
Magnera (MAGN) has reported Change in Receivables for 14 consecutive years, with -$18.6 million the latest figure, recorded in Q3 2023.
- On a quarterly basis, Change in Receivables fell 85.21% year-over-year to -$18.6 million in Q3 2023; TTM through Sep 2023 was -$30.4 million, a 179.16% decrease from a year earlier, with the FY2024 full-year figure at $27.0 million, up 142.86% from the prior year.
- Change in Receivables was -$18.6 million for Q3 2023 at Magnera, down from -$6.5 million in the prior quarter.
- Over five years, Change in Receivables peaked at $53.3 million in Q1 2022 and troughed at -$18.6 million in Q3 2023.
- A 5-year average of $1.2 million and a median of $42000.0 in 2019 frame the typical range for Change in Receivables.
- Across the five-year window, Change in Receivables plunged 37280.95% in 2020 and surged 661.47% in 2022, its largest moves.
- Over 5 years, Change in Receivables stood at $42000.0 in 2019, then sank by 37280.95% to -$15.6 million in 2020, then jumped by 71.12% to -$4.5 million in 2021, then sank by 68.43% to -$7.6 million in 2022, then plunged by 144.94% to -$18.6 million in 2023.
- The last three Change in Receivables figures came in at -$18.6 million (Q3 2023), -$6.5 million (Q2 2023), and $2.3 million (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Corning | 145.20 Bn | 142.70 Bn | 1.63 Bn | 267.00 Mn |
| 2 | Ati | 28.61 Bn | 27.83 Bn | 309.80 Mn | -18.30 Mn |
| 3 | Qnity Electronics | 26.14 Bn | 25.18 Bn | 666.00 Mn | 101.00 Mn |
| 4 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 81.00 Mn |
| 5 | DuPont de Nemours | 17.53 Bn | 15.79 Bn | 639.00 Mn | 111.00 Mn |
| 6 | Avery Dennison | 12.92 Bn | 12.70 Bn | 729.40 Mn | - |
| 7 | Solstice Advanced Materials | 10.06 Bn | 9.31 Bn | 370.00 Mn | 59.00 Mn |
| 8 | Element Solutions | 8.79 Bn | 8.60 Bn | 334.00 Mn | 31.60 Mn |
| 9 | Eastman Chemical | 7.83 Bn | 7.14 Bn | 560.00 Mn | 147.00 Mn |
| 10 | Magnera | 409.26 Mn | 129.26 Mn | 112.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | -18.61 Mn |
| Jun 30, 2023 | -6.49 Mn |
| Mar 31, 2023 | 2.31 Mn |
| Dec 31, 2022 | -7.60 Mn |
| Sep 30, 2022 | -10.05 Mn |
| Jun 30, 2022 | -382,000.00 |
| Mar 31, 2022 | 53.32 Mn |
| Dec 31, 2021 | -4.51 Mn |
| Sep 30, 2021 | 7.77 Mn |
| Jun 30, 2021 | 4.53 Mn |
| Mar 31, 2021 | 7.00 Mn |
| Dec 31, 2020 | -15.62 Mn |
| Sep 30, 2020 | 7.44 Mn |
| Jun 30, 2020 | -8.59 Mn |
| Mar 31, 2020 | 7.20 Mn |
| Dec 31, 2019 | 42,000.00 |
| Sep 30, 2019 | -11.57 Mn |
| Jun 30, 2019 | 6.64 Mn |
| Mar 31, 2019 | 10.36 Mn |
| Dec 31, 2018 | -9.80 Mn |