Michaels Companies Receivables

Michaels Companies posts a receivables of $14M as of January 2021. That compares with $30M in the prior-year period — down 53.9% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Michaels Companies's receivables was $30M. The latest reading is $14M — a 53.9% year-over-year decrease (period ending January 2021). Use the history and growth charts on this page for a longer lookback.

Receivables is one piece of Michaels Companies's financial statement story. At $14M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for MIK's receivables usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Michaels Companies's other metric pages and overview cover the third.

Judging Michaels Companies against Consumer Discretionary peers is usually better than using a market-wide rule of thumb. Business models inside Consumer Discretionary are more comparable, which makes gaps in receivables easier to interpret. Start with $14M here, then scan peer and history charts to see if the gap is persistent.