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MRS Logistica (BSP:MRSA6B) Accounts Receivable : R$450 Mil (As of Dec. 2023)


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What is MRS Logistica Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MRS Logistica's accounts receivables for the quarter that ended in Dec. 2023 was R$450 Mil.

Accounts receivable can be measured by Days Sales Outstanding. MRS Logistica's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 22.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MRS Logistica's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-23.12.


MRS Logistica Accounts Receivable Historical Data

The historical data trend for MRS Logistica'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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MRS Logistica Accounts Receivable Chart

MRS Logistica Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 899.68 382.50 422.93 546.15 450.31

MRS Logistica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 546.15 282.06 264.34 215.53 450.31

MRS Logistica Accounts Receivable Calculation

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


MRS Logistica 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.

MRS Logistica's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=450.308/1793.379*91
=22.91

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

MRS Logistica'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)
=(3385.798+0.75 * 450.308+0.5 * 282.163-11679.27
-0-0)/337.977
=-23.12

* 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.


MRS Logistica Accounts Receivable Related Terms

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MRS Logistica (BSP:MRSA6B) Business Description

Traded in Other Exchanges
Address
Praia de Botafogo 228, Sala 1201 E, Rio de Janeiro, RJ, BRA, 22250906
MRS Logistica SA is a publicly-held corporation engaged in the transportation services. The company operates a public railway transportation concession in the Southeast network, located in the States of Rio de Janeiro, Sao Paulo, and Minas Gerais. It interconnects the states of Rio de Janeiro, Minas Gerais, and Sao Paulo, spanning through the region that concentrates approximately 50% of Brazil's gross domestic product. Through MRS' railways, it also provides transport to reach the ports of Itaguai and Santos and Latin America. The company generates its entire revenue from providing cargo transport services in the Southeast Brazil.

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