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Mendocino Brewing Co (Mendocino Brewing Co) Accounts Receivable : $3.05 Mil (As of Sep. 2016)


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What is Mendocino Brewing Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mendocino Brewing Co's accounts receivables for the quarter that ended in Sep. 2016 was $3.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mendocino Brewing Co's Days Sales Outstanding for the quarter that ended in Sep. 2016 was 40.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mendocino Brewing Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was $-1.21.


Mendocino Brewing Co Accounts Receivable Historical Data

The historical data trend for Mendocino Brewing Co'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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Mendocino Brewing Co Accounts Receivable Chart

Mendocino Brewing Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.34 5.42 4.12 4.39 3.84

Mendocino Brewing Co Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 3.62 3.84 3.29 3.21 3.05

Mendocino Brewing Co Accounts Receivable Calculation

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


Mendocino Brewing Co 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.

Mendocino Brewing Co's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.052/6.832*91
=40.76

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

Mendocino Brewing Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2016 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)
=(0.085+0.75 * 3.052+0.5 * 1.472-18.188
-0.228-0)/12.6111
=-1.21

* 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.


Mendocino Brewing Co Accounts Receivable Related Terms

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Mendocino Brewing Co (Mendocino Brewing Co) Business Description

Traded in Other Exchanges
N/A
Address
1601 Airport Road, Ukiah, CA, USA, 95482
Mendocino Brewing Co Inc belongs to the brewing industry. The company produces ales and lagers in its breweries in the United States. It functions through the segments, brewing operations, tavern and tasting room operations. The company's operations in the North American Territory consist primarily of brewing and marketing craft beers. The firm's operations in the Foreign Territory consist primarily of the marketing and distribution of Kingfisher Premium Lager in the Foreign Territory through Indian restaurants, chain retail grocers, liquor stores and other retail outlets.

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