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Mid Wynd International Inv Trust (LSE:MWY) Accounts Receivable : £0.00 Mil (As of Dec. 2023)


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What is Mid Wynd International Inv Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mid Wynd International Inv Trust's accounts receivables for the quarter that ended in Dec. 2023 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mid Wynd International Inv Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mid Wynd International Inv Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £0.12.


Mid Wynd International Inv Trust Accounts Receivable Historical Data

The historical data trend for Mid Wynd International Inv Trust'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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Mid Wynd International Inv Trust Accounts Receivable Chart

Mid Wynd International Inv Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
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Mid Wynd International Inv Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Mid Wynd International Inv Trust Accounts Receivable Calculation

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


Mid Wynd International Inv Trust 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.

Mid Wynd International Inv Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/26.759*91
=0.00

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

Mid Wynd International Inv Trust'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)
=(6.969+0.75 * 0+0.5 * 0-0.55
-0-0)/54.9333
=0.12

* 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.


Mid Wynd International Inv Trust Accounts Receivable Related Terms

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Mid Wynd International Inv Trust (LSE:MWY) Business Description

Traded in Other Exchanges
Address
50 Lothian Road, 6th Floor, Exchange Plaza, Edinburgh, GBR, EH3 9BY
Mid Wynd International Inv Trust PLC is an investment trust company. Its investment objective is to achieve capital and income growth by investing on a worldwide basis. It aims to provide dividend growth over time, although the primary aim is maximizing total returns to shareholders. The company invests in different markets, sectors, industries, market capitalizations, and asset classes as investment opportunities dictate. It may use derivatives and gearing mechanisms for investment purposes and efficient portfolio management. Geographically, the company holds its investment in North America, Europe, Japan, the UK, and Asia. Its revenue mainly consists of interest and dividend income from the investment.

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