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Mace Security International (Mace Security International) Accounts Receivable : $1.12 Mil (As of Mar. 2023)


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What is Mace Security International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mace Security International's accounts receivables for the quarter that ended in Mar. 2023 was $1.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mace Security International's Days Sales Outstanding for the quarter that ended in Mar. 2023 was 61.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mace Security International's Net-Net Working Capital per share for the quarter that ended in Mar. 2023 was $-0.01.


Mace Security International Accounts Receivable Historical Data

The historical data trend for Mace Security International'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.

Mace Security International Accounts Receivable Chart

Mace Security International Annual Data
Trend Dec10 Dec11 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 1.54 2.83 1.57 1.11

Mace Security International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 1.53 1.38 1.43 1.11 1.12

Mace Security International Accounts Receivable Calculation

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


Mace Security International 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.

Mace Security International's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.119/1.662*91
=61.44

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

Mace Security International's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(0.431+0.75 * 1.119+0.5 * 4.244-3.817
-0-0)/65.0885
=-0.01

* 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.


Mace Security International Accounts Receivable Related Terms

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Mace Security International (Mace Security International) Business Description

Traded in Other Exchanges
N/A
Address
4400 Carnegie Avenue, Cleveland, OH, USA, 44103
Mace Security International Inc operates in a single segment of Personal Safety and Security, which sells its products to retailers, distributors, and individual consumers. It also sells tactical spray products and systems to law enforcement, security professionals, correctional institutions, and military markets. The company sells its products under the Mace Brand. Some of its products include Stun Guns, Home defense Kit, Personal Alarms, Pepper Sprays, Pepper Guns, Pepper Gel, and Other self-defense products.
Executives
Richard A Barone director ONE CHAGRIN HIGHLANDS, 2000 AUBURN DRIVE SUITE 300, CLEVELAND OH 44122
John Joseph Mccann director, officer: CEO 17410 TALL TREE TRAIL, CHAGRIN FALLS OH 44023
Daniel V Perella director 5991 HEATHER LANE, HUDSON OH 44236
Denis J Amato director ONE CHAGRIN HIGHLAND, 2000 AUBURN DRIVE #300, CLEVELAND OH 44122
Larry I Pollock director BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Dennis R Raefield director, officer: Chief Executive Officer 4 ORCHARD LN, ALAMO CA 94507
Michael E Smith director 240 GIBRALTAR ROAD, SUITE 220, HORSHAM PA 19044
John C Mallon director 350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Lawndale Capital Management Llc 10 percent owner 591 REDWOOD HIGHWAY, SUITE 2345, MILL VALLEY CA 94941
Andrew E Shapiro 10 percent owner 591 REDWOOD HIGHWAY, SUITE 2345, MILL VALLEY CA 94941
Gerald T Laflamme director 2355 S ARLINGTON HEIGHTS RD STE 400, ARLIGTON HEIGHTS IL 60005
Ronald R Pollo officer: Chief Accounting Officer 1000 CRAWFORD PL, SUITE 400, MT LAUREL NJ 08054
Papadakis Constantine director 75 CRESTLINE RD, WAYNE NJ 19087
Gregory M Krzemien officer: Cheif Financial Officer 1000 CRAWFORD PL, SUITE 400, MT LAUREL NJ 08054
Matthew Joseph Paolino director 1000 CRAWFORD PLAZA, SUITE 400, MOUNT LAUREL NJ 08054