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Metrics Masterome Trust (ASX:MXT) Accounts Receivable : A$16.3 Mil (As of Dec. 2023)


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What is Metrics Masterome Trust Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Metrics Masterome Trust's accounts receivables for the quarter that ended in Dec. 2023 was A$16.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Metrics Masterome Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 33.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Metrics Masterome Trust's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.00.


Metrics Masterome Trust Accounts Receivable Historical Data

The historical data trend for Metrics Masterome Trust'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.

* Premium members only.

Metrics Masterome Trust Accounts Receivable Chart

Metrics Masterome Trust Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 6.78 5.93 5.16 8.34 13.74

Metrics Masterome Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.34 8.34 12.68 13.74 16.33

Metrics Masterome Trust Accounts Receivable Calculation

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


Metrics Masterome Trust 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.

Metrics Masterome Trust's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.325/88.464*91
=33.68

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

Metrics Masterome Trust's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(4.978+0.75 * 16.325+0.5 * 0-15.183
-0-0)/981.54
=0.00

* 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.


Metrics Masterome Trust Accounts Receivable Related Terms

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Metrics Masterome Trust (ASX:MXT) Business Description

Traded in Other Exchanges
N/A
Address
123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000
MCP Master Income Trust is a non-bank corporate lender and alternative asset manager specialising in fixed income, private credit, equity and capital markets. It provides service to the Australian private debt market to investors ranging from individuals to institutions. The company offers Australian corporate borrowers of all sizes and across all industries, bespoke borrowing solutions tailored to their specific needs. The only operating business segment is the investment of funds predominantly in Australia.

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