Mmcite AS (XPRA:MMCTE) Accounts Receivable : Kč156.3 Mil (As of Dec. 2022)

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What is Mmcite AS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mmcite AS's accounts receivables for the quarter that ended in Dec. 2022 was Kč156.3 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. Mmcite AS's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was Kč-36.63.

Mmcite AS Accounts Receivable Historical Data

The historical data trend for Mmcite AS'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.

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Mmcite AS Accounts Receivable Chart

Mmcite AS Annual Data

Trend

Dec22

Dec23

Accounts Receivable

156.27

147.73

Mmcite AS Quarterly Data
	Dec22	Dec23
Accounts Receivable	156.27	147.73

Mmcite AS Accounts Receivable Calculation

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

Mmcite AS 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.

Mmcite AS's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	156.274	/	0	*	91
=

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

Mmcite AS's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=	(29.739	+	0.75 * 156.274	+	0.5 * 103.272	-	308.475
-	0	-	0)	/	3.000
=	-36.63

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.

Mmcite AS Accounts Receivable Related Terms

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Mmcite AS (XPRA:MMCTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mmcite AS (XPRA:MMCTE) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vinohradská 907, Ma?atice, Uherské Hradište, CZE, 686 05

Website

https://www.mmcite.com

Mmcite AS is a company that specializes in design and construction projects for public spaces. Their range of products and services includes the design and realization of both transportation terminals and street furniture, for example such as benches, litter bins, rails and cycle stands. Within the industry of street furniture, it is one of the first manufactures in the world to introduce products created by 3D concrete printing.

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