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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. McMillan Shakespeare's accounts receivables for the quarter that ended in Dec. 2025 was $112.8 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
McMillan Shakespeare's Days Sales Outstanding for the quarter that ended in Dec. 2025 was 107.99.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. McMillan Shakespeare's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was $-11.62.
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.
McMillan Shakespeare's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), McMillan Shakespeare's accounts receivable are only considered to be worth 75% of book value:
McMillan Shakespeare's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is calculated as:
* 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.
McMillan Shakespeare Accounts Receivable Related Terms
McMillan Shakespeare Accounts Receivable Historical Data
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The historical data trend for McMillan Shakespeare'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.
What does a Accounts Receivable of $112.8 Mil mean?
McMillan Shakespeare (MCSLF) has a Accounts Receivable of $112.8 Mil as of Dec. 2025. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on McMillan Shakespeare and its competitors.
Is McMillan Shakespeare's Accounts Receivable too high?
McMillan Shakespeare's current Accounts Receivable is $112.8 Mil. Overall, McMillan Shakespeare has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does McMillan Shakespeare's Accounts Receivable compare to KFY and RHI?
McMillan Shakespeare's Accounts Receivable of $112.8 Mil can be compared against companies in the Business Services 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 Business Services company?
A good Accounts Receivable depends on the Business Services 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 McMillan Shakespeare and its competitors. McMillan Shakespeare's current Accounts Receivable is $112.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McMillan Shakespeare stock overvalued right now?
McMillan Shakespeare (MCSLF) has a current Accounts Receivable of $112.8 Mil. The stock's GF Value™ is $12.29, compared to a current price of $9.90 — trading 19.4% below its estimated fair value. The current Accounts Receivable is $112.8 Mil. McMillan Shakespeare's overall GF Score™ is 79/100 with 13 warning signs to review. 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 McMillan Shakespeare (MCSLF), the current Accounts Receivable is $112.8 Mil as of Dec. 2025. 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.
Is McMillan Shakespeare (MCSLF) Overvalued in 2026?
Based on GuruFocus' analysis, McMillan Shakespeare stock appears to be undervalued.
The current stock price of $9.90 is trading 19.4% below its estimated GF Value™ of $12.29.
Key valuation signals for MCSLF:
Accounts Receivable: $112.8 Mil
GF Value™: $12.29 vs. price of $9.90 (19.4% below fair value)
No single metric tells the full story. See the MCSLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
McMillan Shakespeare is a provider of salary packaging, novated leasing, disability plan management and support co-ordination, and fleet management services. It actively works to cross-sell its products to clients, for example, selling its salary packaging services to its fleet management customers in Australia and New Zealand. McMillan dominates Australia's salary packaging market together with Smartgroup (also covered by Morningstar), and is also a large provider of novated leasing services by volumes—together with Smartgroup and SG Fleet. The group has three operating segments: group remuneration services, asset management services, and plan and support services. Most of the group's revenue is generated from the group remuneration services segment.
79GF Score
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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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