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International Meal Co Alimentacao (BSP:MEAL3) Accounts Receivable : R$105 Mil (As of Dec. 2023)


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What is International Meal Co Alimentacao Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. International Meal Co Alimentacao's accounts receivables for the quarter that ended in Dec. 2023 was R$105 Mil.

Accounts receivable can be measured by Days Sales Outstanding. International Meal Co Alimentacao's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 18.75.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. International Meal Co Alimentacao's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-4.83.


International Meal Co Alimentacao Accounts Receivable Historical Data

The historical data trend for International Meal Co Alimentacao's Accounts Receivable 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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International Meal Co Alimentacao Accounts Receivable Chart

International Meal Co Alimentacao Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.91 35.38 89.39 117.28 105.35

International Meal Co Alimentacao Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.28 101.40 80.37 93.03 105.35

International Meal Co Alimentacao Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


International Meal Co Alimentacao Accounts Receivable 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 receivables are being managed.

International Meal Co Alimentacao's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=105.351/512.691*91
=18.75

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), International Meal Co Alimentacao's accounts receivable are only considered to be worth 75% of book value:

International Meal Co Alimentacao's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(234.109+0.75 * 105.351+0.5 * 52.765-1717.149
-0-0)/285.443
=-4.83

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


International Meal Co Alimentacao Accounts Receivable Related Terms

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International Meal Co Alimentacao (BSP:MEAL3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida das Nacoes Unidas, 4.777, 12th Floor, Jardim Universidade Pinheiros, Sao Paulo, SP, BRA, 5477902
International Meal Co Alimentacao SA is a Brazil-based company principally engaged in the sale of food and beverages to restaurants, snack bars, coffee shops, cafes on motorways, airports, shopping malls, and airline catering services. It also subleases stores and spaces for promotional and commercial purposes in its store chain, upon the sale of fuel, and provides general services related to these segments. The company operates in five segments: Shopping malls, Airports, Highways, the United States of America (USA), and Others. Some of its brands are Viena, Olive Garden, Margaritaville, KFC Brazil, and Pizza Hut Brazil. Its geographical segments are Brazil, The Caribbean, and the USA.

International Meal Co Alimentacao (BSP:MEAL3) Headlines

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