Mattmar Minerals (Mattmar Minerals) Accounts Receivable : $0.00 Mil (As of May. 2012)

View and export this data going back to . Start your Free Trial

What is Mattmar Minerals Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mattmar Minerals's accounts receivables for the quarter that ended in May. 2012 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mattmar Minerals's Net-Net Working Capital per share for the quarter that ended in May. 2012 was $0.01.

Mattmar Minerals Accounts Receivable Historical Data

The historical data trend for Mattmar Minerals'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.

Mattmar Minerals Accounts Receivable Chart

Mattmar Minerals Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

Accounts Receivable

Get a 7-Day Free Trial

Mattmar Minerals Semi-Annual Data
	May06	May07	May08	May09	May10	May11	May12
Accounts Receivable	Get a 7-Day Free Trial			-	-	-	-	-

Mattmar Minerals Accounts Receivable Calculation

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

Mattmar Minerals 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.

Mattmar Minerals's Days Sales Outstanding for the quarter that ended in May. 2012 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

Mattmar Minerals's Net-Net Working Capital Per Share for the quarter that ended in May. 2012 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)
=	(0.014	+	0.75 * 0	+	0.5 * 0	-	0.002
-	0	-	0)	/	1.33333
=	0.01

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.

Mattmar Minerals Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Mattmar Minerals's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Mattmar Minerals (Mattmar Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mattmar Minerals Inc (OTCPK:MTMS) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Mattmar Minerals, Inc. was incorporated in Nevada on April 18, 2006. It operates as a development stage company. The Company focuses on engaging in merger or acquisition transaction with an operating company or business. Its purpose has been to serve as a vehicle to acquire an operating business and is considered as a shell company. It was an exploration-stage company that owned certain mineral rights in Canada.

Executives

Arnold P Kling	director, 10 percent owner, officer: President	C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Kirk M Warshaw	officer: Chief Financial Officer	C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
R R Biotech Partners Llc	10 percent owner	330 MADISON AVENUE, NEW YORK NY 10017
Partners,llc Moyo	10 percent owner	C/O ARNOLD KLING,ESQ, 444 EAST 86TH STREET # PHF, NEW YORK NY 10028

Mattmar Minerals (Mattmar Minerals) Headlines

No Headlines