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Monitronics International (Monitronics International) Accounts Receivable : $13.4 Mil (As of Dec. 2020)


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What is Monitronics International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Monitronics International's accounts receivables for the quarter that ended in Dec. 2020 was $13.4 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Monitronics International's Days Sales Outstanding for the quarter that ended in Dec. 2020 was 9.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Monitronics International's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $-51.83.


Monitronics International Accounts Receivable Historical Data

The historical data trend for Monitronics International'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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Monitronics International Accounts Receivable Chart

Monitronics International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial 13.87 12.65 13.12 12.08 13.36

Monitronics International Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 12.08 10.81 10.41 10.85 13.36

Monitronics International Accounts Receivable Calculation

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


Monitronics International 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.

Monitronics International's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.36/129.362*91
=9.42

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

Monitronics International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=(6.123+0.75 * 13.36+0.5 * 7.612-1186.07
-0-0)/22.5
=-51.83

* 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.


Monitronics International Accounts Receivable Related Terms

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Monitronics International (Monitronics International) Business Description

Traded in Other Exchanges
N/A
Address
1990 Wittington Place, Farmers Branch, TX, USA, 75234
Monitronics International Inc provides residential customers and commercial client accounts with monitored home and business security systems, as well as interactive and home automation services, in the United States, Canada and Puerto Rico. Its reportable segment is Brinks Home Security. The revenue source of the company includes alarm monitoring revenue; product, installation and service revenue; and other revenue, of which key revenue is derived from the alarm monitoring service.

Monitronics International (Monitronics International) Headlines