Maiden Lane Jewelry (Maiden Lane Jewelry) Change In Receivables : $-1.03 Mil (TTM As of Nov. 2015)

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What is Maiden Lane Jewelry Change In Receivables?

Maiden Lane Jewelry's change in receivables for the quarter that ended in Nov. 2015 was $-0.51 Mil. It means Maiden Lane Jewelry's Accounts Receivable increased by $0.51 Mil from Aug. 2015 to Nov. 2015 .

Maiden Lane Jewelry's change in receivables for the fiscal year that ended in May. 2015 was $-2.61 Mil. It means Maiden Lane Jewelry's Accounts Receivable increased by $2.61 Mil from May. 2014 to May. 2015 .

Maiden Lane Jewelry's Accounts Receivable for the quarter that ended in Nov. 2015 was $5.03 Mil.

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 Receivable are being managed. Maiden Lane Jewelry's Days Sales Outstanding for the three months ended in Nov. 2015 was 235.93.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Maiden Lane Jewelry's liquidation value for the three months ended in Nov. 2015 was $-2.30 Mil.

Maiden Lane Jewelry Change In Receivables Historical Data

The historical data trend for Maiden Lane Jewelry's Change In Receivables 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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Maiden Lane Jewelry Change In Receivables Chart

Maiden Lane Jewelry Annual Data

Trend

May13

May14

May15

Change In Receivables

-1.05

-2.61

Maiden Lane Jewelry Quarterly Data
	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15
Change In Receivables	Get a 7-Day Free Trial								-1.37	0.31	-0.24	-0.58	-0.51

Maiden Lane Jewelry Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Nov. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.03 Mil.

Maiden Lane Jewelry (OTCPK:MDNL) Change In Receivables 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 Receivable are being managed.

Maiden Lane Jewelry's Days Sales Outstanding for the quarter that ended in Nov. 2015 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.034	/	1.947	*	91
=	235.93

2. In Ben Graham's calculation of liquidation value, Maiden Lane Jewelry's accounts receivable are only considered to be worth 75% of book value:

Maiden Lane Jewelry's liquidation value for the quarter that ended in Nov. 2015 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.007	-	7.081	+	0.75 * 5.034	+	0.5 * 2.003
=	-2.30

Maiden Lane Jewelry Change In Receivables Related Terms

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Maiden Lane Jewelry (Maiden Lane Jewelry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maiden Lane Jewelry Ltd (OTCPK:MDNL) » Definitions » Change In Receivables

Traded in Other Exchanges

N/A

Address

64 West 48th Street, Suite 1107, New York, NY, USA, 10036

Website

http://www.myromantique.com

Maiden Lane Jewelry Ltd is engaged in producing engagement rings and other diamond jewelry to retailers across the United States. The company's significant feature consists of ASPIRI collection of bridal engagement rings which includes both a center diamond and setting. In addition, it is also a wholesaler and manufacturer of jewelry which includes pendants, bracelets, and earrings. The company's primary sales contain complete engagement rings with a focus on bridal jewelry featuring uniquely cut stones and settings.

Executives

Michael I Wirth

officer: CEO

1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019

Maiden Lane Jewelry (Maiden Lane Jewelry) Headlines

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