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Mdf Commerce (Mdf Commerce) Accounts Receivable : $7.87 Mil (As of Dec. 2023)


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What is Mdf Commerce Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mdf Commerce's accounts receivables for the quarter that ended in Dec. 2023 was $7.87 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mdf Commerce's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 31.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mdf Commerce's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.91.


Mdf Commerce Accounts Receivable Historical Data

The historical data trend for Mdf Commerce'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.

Mdf Commerce Accounts Receivable Chart

Mdf Commerce 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 6.06 4.37 7.10 8.21 11.96

Mdf Commerce Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 10.22 11.96 6.40 7.93 7.87

Mdf Commerce Accounts Receivable Calculation

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


Mdf Commerce 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7.873/22.502*91
=31.93

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

Mdf Commerce'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)
=(3.744+0.75 * 7.873+0.5 * 0-49.463
-0-0)/43.9709
=-0.91

* 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.


Mdf Commerce Accounts Receivable Related Terms

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Mdf Commerce (Mdf Commerce) Business Description

Traded in Other Exchanges
Address
1111 St-Charles Street West, East Tower, Suite 255, Longueuil, QC, CAN, J4K 5G4
Mdf Commerce Inc enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Its platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. The company's procurement, e-commerce and e-marketplace platforms are supported by a strong and dedicated team based in Canada, the United States, Denmark, Ukraine, and China.