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Melstacorp (COL:MELS.N0000) Accounts Receivable : රු41,299 Mil (As of Dec. 2023)


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What is Melstacorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Melstacorp's accounts receivables for the quarter that ended in Dec. 2023 was රු41,299 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Melstacorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 84.62.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Melstacorp's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was රු-125.07.


Melstacorp Accounts Receivable Historical Data

The historical data trend for Melstacorp'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.

* Premium members only.

Melstacorp Accounts Receivable Chart

Melstacorp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,260.14 17,626.27 17,313.31 32,871.96 37,162.73

Melstacorp 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 40,250.48 37,162.73 38,801.95 40,412.71 41,299.04

Melstacorp Accounts Receivable Calculation

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


Melstacorp 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.

Melstacorp's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=41299.037/44533.629*91
=84.62

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

Melstacorp'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)
=(51896.607+0.75 * 41299.037+0.5 * 12913.49-185130.227
-0-49953.527)/1165.4
=-125.07

* 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.


Melstacorp Accounts Receivable Related Terms

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Melstacorp (COL:MELS.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No.110, Norris Canal Road, Colombo, LKA, 10
Melstacorp plc is a Sri Lankan company that engages in the distillation, manufacture, and distribution of liquor products. It operates through business segments: Beverages, Plantations, Telecommunication, Financial Services, and Diversified. The Beverages segments cover distillation, manufacture, and distribution of liquor products; the Plantations segment involves in cultivation and processing of tea and rubber; the Telecommunication segment engages in providing voice, data, broadband, software, and networking solutions; the Financial Services segment offers a variety of financial solutions; and the Diversified segment includes power generation, logistics, and other activities. Melstacorp owns a range of wines and spirits such as Albert Bichot French wines, Chilean wines, and others.

Melstacorp (COL:MELS.N0000) Headlines

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