Bemax (BMXC) Accounts Receivable : $0.00 Mil (As of May. 2017)

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What is Bemax Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bemax's accounts receivables for the quarter that ended in May. 2017 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bemax's Days Sales Outstanding for the quarter that ended in May. 2017 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bemax's Net-Net Working Capital per share for the quarter that ended in May. 2017 was $N/A.

Bemax Accounts Receivable Historical Data

The historical data trend for Bemax'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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Bemax Accounts Receivable Chart

Bemax Annual Data

Trend

May14

May15

May16

May17

Accounts Receivable

Bemax Semi-Annual Data
	May14	May15	May16	May17
Accounts Receivable	-	-	-	-

Bemax Accounts Receivable Calculation

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

Bemax 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.

Bemax's Days Sales Outstanding for the quarter that ended in May. 2017 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0.145	*	91
=	0.00

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

Bemax's Net-Net Working Capital Per Share for the quarter that ended in May. 2017 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)
=	(0.039	+	0.75 * 0	+	0.5 * 0.194	-	0.719
-	0.005	-	0)	/	0
=	N/A

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.

Bemax Accounts Receivable Related Terms

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Bemax Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bemax Inc (OTCPK:BMXC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

625 Silver Oak Drive, Dallas, GA, USA, 30132

Website

https://www.bemaxinc.com

Bemax Inc is a United States-based company. The company is engaged in the business of exporting disposable baby diapers manufactured in the United States and Asia and then distributing them to Europe and South Africa. It distributes its products through existing Bemax distribution channels of wholesalers and retailers in Europe and emerging African markets as well as to buyers online through the Bemax e-commerce website. The brands include Modenna, Mother's Touch, and Mother's Choice.

Executives

Taiwo Aimasiko

director, officer: CEO

625 SILVER OAK DRIVE, DALLAS GA 30132