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Medclair AB (NGM:MCLR) Accounts Receivable : kr5.12 Mil (As of Dec. 2023)


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What is Medclair AB Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Medclair AB's accounts receivables for the quarter that ended in Dec. 2023 was kr5.12 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Medclair AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 39.14.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Medclair AB's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was kr0.03.


Medclair AB Accounts Receivable Historical Data

The historical data trend for Medclair AB'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.

Medclair AB Accounts Receivable Chart

Medclair AB Annual Data
Trend Apr15 Apr16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.47 2.47 1.59 2.90 5.12

Medclair AB Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 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 2.90 9.82 4.05 7.87 5.12

Medclair AB Accounts Receivable Calculation

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


Medclair AB 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.115/11.925*91
=39.14

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

Medclair AB'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)
=(3.201+0.75 * 5.115+0.5 * 8.709-8.692
-0-0)/82.4921
=0.03

* 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.


Medclair AB Accounts Receivable Related Terms

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Medclair AB (NGM:MCLR) Business Description

Traded in Other Exchanges
N/A
Address
Box 3113, Stockholm, SWE, 103 62
Medclair Invest AB is a research and development company with leading-edge expertise in measurement, collection and destruction of Nitrous Oxide. The customers are found in a number of industries such as Obstetrics, Pediatrics, Emergency departments and Dental Care facilities. The business is operational on a global scale.

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