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Bains de Mer Monaco (Bains de Mer Monaco) Accounts Receivable : $45.3 Mil (As of Sep. 2023)


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What is Bains de Mer Monaco Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bains de Mer Monaco's accounts receivables for the quarter that ended in Sep. 2023 was $45.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bains de Mer Monaco's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 17.37.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bains de Mer Monaco's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-3.25.


Bains de Mer Monaco Accounts Receivable Historical Data

The historical data trend for Bains de Mer Monaco'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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Bains de Mer Monaco Accounts Receivable Chart

Bains de Mer Monaco Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.53 54.27 27.64 27.25 16.82

Bains de Mer Monaco Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 41.66 27.25 33.49 16.82 45.26

Bains de Mer Monaco Accounts Receivable Calculation

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


Bains de Mer Monaco 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.

Bains de Mer Monaco's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=45.255/475.525*91
=17.37

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

Bains de Mer Monaco'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)
=(500.039+0.75 * 45.255+0.5 * 17.392-622.265
-0-0)/24.5167
=-3.25

* 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.


Bains de Mer Monaco Accounts Receivable Related Terms

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Bains de Mer Monaco (Bains de Mer Monaco) Business Description

Traded in Other Exchanges
Address
Place du Casino, Monte Carlo, MCO, 98000
Bains de Mer Monaco is engaged in the gaming, hotel and leasing Industry. The Gaming sector combines the gaming table and slot machine operations at the Monte-Carlo Casino, the Cafe de Paris Casino, the Sun Casino, the Bay Casino, and the Rascasse. The Hotel sector includes all the accommodation and catering activities, the therapy and spa-centre and all the related hotel services provided in its establishments. The Leasing sector combines leasing activities of boutiques, office space and the hotel residence activities of the Monte-Carlo Bay and Balmoral. Bains derives the majority of revenue from the Hotel sector.

Bains de Mer Monaco (Bains de Mer Monaco) Headlines