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Metro Global Media (Metro Global Media) Accounts Receivable : $2.32 Mil (As of Nov. 2001)


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What is Metro Global Media Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Metro Global Media's accounts receivables for the quarter that ended in Nov. 2001 was $2.32 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Metro Global Media's Days Sales Outstanding for the quarter that ended in Nov. 2001 was 37.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Metro Global Media's Net-Net Working Capital per share for the quarter that ended in Nov. 2001 was $-0.91.


Metro Global Media Accounts Receivable Historical Data

The historical data trend for Metro Global Media'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.

Metro Global Media Accounts Receivable Chart

Metro Global Media Annual Data
Trend May92 May93 May94 May95 May96 May97 May98 May99 May00 May01
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.99 2.85

Metro Global Media Quarterly Data
Feb97 May97 Aug97 Nov97 Feb98 May98 Aug98 Nov98 Feb99 May99 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01
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 3.14 3.37 2.85 1.95 2.32

Metro Global Media Accounts Receivable Calculation

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


Metro Global Media 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.

Metro Global Media's Days Sales Outstanding for the quarter that ended in Nov. 2001 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.323/5.651*91
=37.51

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

Metro Global Media's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2001 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)
=(0.451+0.75 * 2.323+0.5 * 3.861-12.475
-0-0)/9.199
=-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.


Metro Global Media Accounts Receivable Related Terms

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Metro Global Media (Metro Global Media) Business Description

Traded in Other Exchanges
N/A
Address
1060 Park Avenue, Cranston, RI, USA, 02910
Metro Global Media Inc operates in the media industry in United States. The company is a multimedia, mass marketing company that produces adult film, video, and internet entertainment. The firm also publishes and distributes magazines.

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