Minerco (Minerco) Accounts Receivable : $0.00 Mil (As of Apr. 2017)

View and export this data going back to 2009. Start your Free Trial

What is Minerco Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Minerco's accounts receivables for the quarter that ended in Apr. 2017 was $0.00 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. Minerco's Net-Net Working Capital per share for the quarter that ended in Apr. 2017 was $-0.08.

Minerco Accounts Receivable Historical Data

The historical data trend for Minerco'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.

Minerco Accounts Receivable Chart

Minerco Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Accounts Receivable

Get a 7-Day Free Trial

0.29

0.13

Minerco Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17
Accounts Receivable	Get a 7-Day Free Trial															0.28	-	-	-	-

Minerco Accounts Receivable Calculation

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

Minerco 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.

Minerco's Days Sales Outstanding for the quarter that ended in Apr. 2017 is calculated as:

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

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

Minerco's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2017 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	+	0.75 * 0	+	0.5 * 0	-	11.696
-	0.002	-	0)	/	144.977
=	-0.08

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.

Minerco Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Minerco's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.