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Megacable HoldingsB de CV (Megacable HoldingsB de CV) Accounts Receivable : $218 Mil (As of Sep. 2023)


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What is Megacable HoldingsB de CV Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Megacable HoldingsB de CV's accounts receivables for the quarter that ended in Sep. 2023 was $218 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Megacable HoldingsB de CV's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 46.26.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Megacable HoldingsB de CV's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $-0.92.


Megacable HoldingsB de CV Accounts Receivable Historical Data

The historical data trend for Megacable HoldingsB de CV'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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Megacable HoldingsB de CV Accounts Receivable Chart

Megacable HoldingsB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 90.29 98.56 85.75 97.51 109.44

Megacable HoldingsB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 194.79 109.44 214.79 236.92 218.02

Megacable HoldingsB de CV Accounts Receivable Calculation

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


Megacable HoldingsB de CV 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.

Megacable HoldingsB de CV's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=218.017/430.035*91
=46.26

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

Megacable HoldingsB de CV's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 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)
=(100.801+0.75 * 218.017+0.5 * 47.72-1820.21
-0-47.963)/1715.23
=-0.92

* 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.


Megacable HoldingsB de CV Accounts Receivable Related Terms

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Megacable HoldingsB de CV (Megacable HoldingsB de CV) Business Description

Traded in Other Exchanges
Address
Lazaro Cardenas 1694, Colonia del Fresno, Guadalajara, MEX, 44900
Megacable Holdings SAB de CV is a diversified media company with interests in cable television services. The company has several business segments, including Cable Network, Internet, Telephone, Business, and other. The Cable Network segment distributes television broadcasting programs. The Internet segment provides Internet subscription services to corporate clients and individual customers. The Telephone segment provides fixed-line communications services. The Business segment provides IT services to enterprise clients, and the Other business segment provides advertising services. Megacable Holdings SAB de CV generates the majority of its revenue in Mexico.

Megacable HoldingsB de CV (Megacable HoldingsB de CV) Headlines