MCCK (Mestek) Accounts Receivable: $73.0 Mil (As of Sep. 2023)

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MCCK Mestek Inc MCCK
12 GF Score
Price $67.00
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What is Mestek Accounts Receivable?

Mestek MCCK 12 Accounts Receivable is $73.0 Mil as of Sep. 2023. GuruFocus rates MCCK with a GF Score™ of 12/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mestek's accounts receivables for the quarter that ended in Sep. 2023 was $73.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mestek's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 61.11.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mestek's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $5.71.

Mestek 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=72.991/108.983*91
=61.11

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

Mestek'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)
=(45.12+0.75 * 72.991+0.5 * 106.329-108.977
-0-0.923)/7.556
=5.71

* 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.

Mestek Accounts Receivable Related Terms

Mestek Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Mestek'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.

Mestek Accounts Receivable Chart

Mestek Annual Data
Trend Dec03 Dec04 Dec05 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.68 49.23 45.52 44.95 54.66

Mestek Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Sep22 Sep23
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 54.41 52.91 53.60 0.00 72.99
MCCK
12GF Score
Mestek Inc MCCK
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Mestek Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $73.0 Mil mean?
Mestek (MCCK) has a Accounts Receivable of $73.0 Mil as of Sep. 2023. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Mestek and its competitors.
Is Mestek's Accounts Receivable too high?
Mestek's current Accounts Receivable is $73.0 Mil. Overall, Mestek has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mestek's Accounts Receivable compare to CSTE and PPIH?
Mestek's Accounts Receivable of $73.0 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Construction company?
A good Accounts Receivable depends on the Construction industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Mestek and its competitors. Mestek's current Accounts Receivable is $73.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mestek stock overvalued right now?
Mestek (MCCK) has a current Accounts Receivable of $73.0 Mil. The current Accounts Receivable is $73.0 Mil. Mestek's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Mestek (MCCK), the current Accounts Receivable is $73.0 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mestek Business Description

Address 260 North Elm Street, Westfield, MA, USA, 01085
Mestek Inc and its subsidiaries manufacture and distribute heating, ventilating, and air conditioning equipment (HVAC), including architectural products and metal forming equipment. The company manufactures its HVAC equipment and metal forming equipment at twelve factory locations and sells through an established distributor, dealer, and manufacturer's representative channels in the United States and Canada. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe, Asia, Mexico, and the Rest of the World.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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