Magnera (MAGN) Change in Receivables (2010 - 2023)
Magnera (MAGN) posted quarterly Change in Receivables of -$18.6 million for 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.
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.
- In Q3 2023, Change in Receivables fell 85.21% year-over-year to -$18.6 million; the TTM figure through Sep 2023 stood at -$32.8 million (down 185.54% YoY), while the FY2024 annual figure was $27.0 million, up 142.86% from the prior year.
- Change in Receivables retreated to -$18.6 million in Q3 2023 per MAGN's latest filing, from -$6.5 million in the prior quarter.
- Across five years, Change in Receivables topped out at $53.3 million in Q1 2022 and bottomed at -$18.6 million in Q3 2023.
- Historically, Change in Receivables has averaged $1.7 million across 5 years, with a median of $1.2 million in 2019.
- Annual changes were most pronounced in 2020 — Change in Receivables tumbled 37280.95% — and 2022, when it soared 661.47%.
- Magnera's Change in Receivables stood at $42000.0 in 2019, then sank by 37280.95% to -$15.6 million in 2020, then soared by 71.12% to -$4.5 million in 2021, then slumped by 122.75% to -$10.0 million in 2022, then sank by 85.21% to -$18.6 million in 2023.
- Business Quant data shows MAGN's Change in Receivables at -$18.6 million in Q3 2023, -$6.5 million in Q2 2023, and $2.3 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Procter & Gamble | 334.68 Bn | 324.73 Bn | 10.28 Bn | -270.00 Mn |
| 2 | Unilever | 135.06 Bn | 122.54 Bn | - | - |
| 3 | Colgate Palmolive | 73.11 Bn | 71.74 Bn | 3.30 Bn | 59.00 Mn |
| 4 | Kenvue | 36.14 Bn | 35.03 Bn | 2.30 Bn | -28.00 Mn |
| 5 | Kimberly Clark | 35.84 Bn | 34.89 Bn | 1.60 Bn | - |
| 6 | Estee Lauder Companies | 30.63 Bn | 27.51 Bn | 2.84 Bn | 102.00 Mn |
| 7 | Church & Dwight | 23.49 Bn | 23.23 Bn | 693.90 Mn | 19.60 Mn |
| 8 | Clorox | 12.90 Bn | 12.75 Bn | 804.00 Mn | 7.00 Mn |
| 9 | Yatsen Holding | 5.79 Bn | 5.65 Bn | 153.20 Mn | - |
| 10 | Magnera | 437.98 Mn | 157.98 Mn | 112.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -18.61 Mn |
| Sep 30, 2023 | -18.61 Mn |
| Jun 30, 2023 | -6.49 Mn |
| Jun 30, 2023 | -6.49 Mn |
| Mar 31, 2023 | 2.31 Mn |
| Mar 31, 2023 | 2.31 Mn |
| Sep 30, 2022 | -10.05 Mn |
| Sep 30, 2022 | -10.05 Mn |
| Jun 30, 2022 | -382,000.00 |
| Jun 30, 2022 | -382,000.00 |
| Mar 31, 2022 | 53.32 Mn |
| Mar 31, 2022 | 53.32 Mn |
| Dec 31, 2021 | -4.51 Mn |
| Dec 31, 2021 | -4.51 Mn |
| Sep 30, 2021 | 7.77 Mn |
| Sep 30, 2021 | 7.77 Mn |
| Jun 30, 2021 | 4.53 Mn |
| Jun 30, 2021 | 4.53 Mn |
| Mar 31, 2021 | 7.00 Mn |
| Mar 31, 2021 | 7.00 Mn |