MNC Strategic Investments (LSE:MNCS) Accounts Receivable : £0.00 Mil (As of Sep. 2014)

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What is MNC Strategic Investments Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. MNC Strategic Investments's accounts receivables for the quarter that ended in Sep. 2014 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. MNC Strategic Investments's Net-Net Working Capital per share for the quarter that ended in Sep. 2014 was £-0.56.

MNC Strategic Investments Accounts Receivable Historical Data

The historical data trend for MNC Strategic Investments'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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MNC Strategic Investments Accounts Receivable Chart

MNC Strategic Investments Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Accounts Receivable

0.03

0.05

MNC Strategic Investments Semi-Annual Data
	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14
Accounts Receivable	Get a 7-Day Free Trial			0.05	0.05	0.05	-	-

MNC Strategic Investments Accounts Receivable Calculation

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

MNC Strategic Investments 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.

MNC Strategic Investments's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

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

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

MNC Strategic Investments's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2014 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)
=	(0.279	+	0.75 * 0	+	0.5 * 0	-	0.477
-	0	-	0)	/	0.35243
=	-0.56

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.

MNC Strategic Investments Accounts Receivable Related Terms

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MNC Strategic Investments (LSE:MNCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MNC Strategic Investments PLC (LSE:MNCS) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

Website

http://www.mncs-inv.com

MNC Strategic Investments PLC is an investment holding company incorporated in England and Wales on February 22, 2012. The Company's Investing Policy is to procure suitable acquisition and investment opportunities in quoted and unquoted businesses, or to invest in projects that are in the technology media and internet sectors. The Company has investment focus on Asia, including but not limited to Hong Kong, Singapore and China.

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