GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MBN Corp (GREY:OSNDF) » Definitions » Accounts Receivable

MBN (OSNDF) Accounts Receivable : $0.09 Mil (As of Dec. 2021)


View and export this data going back to 2007. Start your Free Trial

What is MBN Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MBN's accounts receivables for the quarter that ended in Dec. 2021 was $0.09 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MBN's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 35.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MBN's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was $8.19.


MBN Accounts Receivable Historical Data

The historical data trend for MBN'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.

MBN Accounts Receivable Chart

MBN Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.05 0.55 0.06 0.09

MBN Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 0.55 0.05 0.06 0.07 0.09

MBN Accounts Receivable Calculation

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


MBN 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.

MBN's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.088/0.451*91
=35.61

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

MBN's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2021 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)
=(32.993+0.75 * 0.088+0.5 * 0-0.336
-0-0)/3.9944
=8.19

* 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.


MBN Accounts Receivable Related Terms

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


MBN (OSNDF) Business Description

Traded in Other Exchanges
N/A
Address
812 Memorial Drive NW, Calgary, AB, CAN, T2N 3C8
MBN Corp is an investment management company. It manages investment products for individual and institutional investors. Its products include mutual funds, closed-end funds, private and public resource funds, and real estate funds. Its objective is to create long-term value through a dual-track strategy of growing the company's assets under management through mergers with other investment funds, and pursuing opportunities with the broader financial services sector to acquire investment management companies and/or establish such companies working with proven investment managers.

MBN (OSNDF) Headlines

No Headlines