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Monarch Cement Co (Monarch Cement Co) Accounts Receivable : $29.77 Mil (As of Sep. 2023)


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What is Monarch Cement Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Monarch Cement Co's accounts receivables for the quarter that ended in Sep. 2023 was $29.77 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Monarch Cement Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 37.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Monarch Cement Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $12.14.


Monarch Cement Co Accounts Receivable Historical Data

The historical data trend for Monarch Cement Co'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.

Monarch Cement Co Accounts Receivable Chart

Monarch Cement Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.14 12.24 14.38 15.66 15.54

Monarch Cement Co Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep22 Sep23
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 15.54 15.16 23.49 - 29.77

Monarch Cement Co Accounts Receivable Calculation

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


Monarch Cement Co 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.

Monarch Cement Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=29.773/72.699*91
=37.37

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

Monarch Cement Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(33.697+0.75 * 29.773+0.5 * 53.072-37.773
-0-0)/3.68977
=12.14

* 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.


Monarch Cement Co Accounts Receivable Related Terms

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Monarch Cement Co (Monarch Cement Co) Business Description

Traded in Other Exchanges
N/A
Address
449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900
Monarch Cement Co is principally engaged in the manufacture and sale of portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two lines of business: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.

Monarch Cement Co (Monarch Cement Co) Headlines

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