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Molten Ventures VCT (LSE:MVCT) Accounts Receivable : £0.00 Mil (As of Sep. 2023)


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What is Molten Ventures VCT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Molten Ventures VCT's accounts receivables for the quarter that ended in Sep. 2023 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. Molten Ventures VCT's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was £0.01.


Molten Ventures VCT Accounts Receivable Historical Data

The historical data trend for Molten Ventures VCT'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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Molten Ventures VCT Accounts Receivable Chart

Molten Ventures VCT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
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Molten Ventures VCT Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Molten Ventures VCT Accounts Receivable Calculation

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


Molten Ventures VCT 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.

Molten Ventures VCT's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/-3.56*91
=

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

Molten Ventures VCT's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(2.885+0.75 * 0+0.5 * 0-0.101
-0-0)/242.913
=0.01

* 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.


Molten Ventures VCT Accounts Receivable Related Terms

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Molten Ventures VCT (LSE:MVCT) Business Description

Traded in Other Exchanges
N/A
Address
20 Garrick Street, London, GBR, WC2E 9BT
Molten Ventures VCT PLC is a venture capital fund manager. Its investment objectives are to provide long term tax-free returns to shareholders through a combination of dividends and capital growth and invest in diversified portfolio of unquoted companies with a particular focus on the technology sector.

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