What is Molson Coors Beverage Co Accounts Receivable?
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Molson Coors Beverage Co's accounts receivables for the quarter that ended in Dec. 2023 was $758 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Molson Coors Beverage Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 24.78.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Molson Coors Beverage Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-53.17.
Molson Coors Beverage Co Accounts Receivable Historical Data
The historical data trend for Molson Coors Beverage 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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Molson Coors Beverage Co Accounts Receivable Chart
Molson Coors Beverage Co Accounts Receivable Calculation
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Molson Coors Beverage 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.
Molson Coors Beverage Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Molson Coors Beverage Co's accounts receivable are only considered to be worth 75% of book value:
Molson Coors Beverage Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Molson Coors Beverage Co Accounts Receivable Related Terms
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Molson Coors Beverage Co (Molson Coors Beverage Co) Business Description
Molson Coors owns well-known beer brands including Miller, Coors, Blue Moon, and Carling, and ranks as the second largest beer maker in both value and volume terms in the U.S., Canada, and the United Kingdom. Through licensing agreements, it also brews and distributes beer and hard seltzer under partner brands from Heineken, Anheuser-Busch InBev, Asahi, and Coca-Cola. The company uses independent distributors in the U.S. given the three-tier distribution requirements, while using a combination of distributors and an in-house sales team in Canada and Europe. North America remains its largest market contributing over 80% of total revenue.
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