GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Morgan Stanley (MEX:MS) » Definitions » Accounts Receivable

Morgan Stanley (MEX:MS) Accounts Receivable : MXN1,354,902 Mil (As of Mar. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Morgan Stanley Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Morgan Stanley's accounts receivables for the quarter that ended in Mar. 2024 was MXN1,354,902 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Morgan Stanley's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 524.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Morgan Stanley's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was MXN-10,048.69.


Morgan Stanley Accounts Receivable Historical Data

The historical data trend for Morgan Stanley'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.

* Premium members only.

Morgan Stanley Accounts Receivable Chart

Morgan Stanley 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 1,049,483.56 1,944,184.41 1,969,713.25 1,531,215.84 1,359,722.14

Morgan Stanley Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,302,319.22 1,332,458.53 1,359,722.14 1,354,901.66 -

Morgan Stanley Accounts Receivable Calculation

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


Morgan Stanley 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.

Morgan Stanley's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1354901.663/235915.765*91
=524.06

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

Morgan Stanley's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(1525477.972+0.75 * 1354901.663+0.5 * 0-18726600.09
-145217.231-15633.672)/1626.66
=-10,048.69

* 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.


Morgan Stanley Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Morgan Stanley's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Morgan Stanley (MEX:MS) Business Description

Address
1585 Broadway, New York, NY, USA, 10036
Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments. The company had over $4 trillion of client assets as well as over 80,000 employees at the end of 2022. Approximately 50% of the company's net revenue is from its institutional securities business, with the remainder coming from wealth and investment management. The company derives about 30% of its total revenue outside the Americas.