Medallion Financial (Medallion Financial) Accounts Receivable : $12.7 Mil (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Medallion Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Medallion Financial's accounts receivables for the quarter that ended in Mar. 2024 was $12.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Medallion Financial's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 22.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Medallion Financial's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-94.34.

Medallion Financial Accounts Receivable Historical Data

The historical data trend for Medallion Financial'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.

Medallion Financial Accounts Receivable Chart

Medallion Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

Get a 7-Day Free Trial

8.66

10.34

10.62

12.61

13.54

Medallion Financial Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															12.24	13.35	13.59	13.54	12.67

Medallion Financial Accounts Receivable Calculation

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

Medallion Financial 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.673	/	50.85	*	91
=	22.74

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

Medallion Financial'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)
=	(54.778	+	0.75 * 12.673	+	0.5 * 0	-	2200.938
-	0	-	68.788)	/	23.3776
=	-94.34

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.

Medallion Financial Accounts Receivable Related Terms

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

Medallion Financial (Medallion Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Medallion Financial Corp (NAS:MFIN) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

MD5:Germany MD5:Germany

Address

437 Madison Avenue, 38th Floor, New York, NY, USA, 10022

Website

https://www.medallion.com

Medallion Financial Corp is a finance company that originates and services loans in various industries. Its operating segments include recreation, home improvement, commercial lending, medallion lending and Corporate and Other Investments. The company generates maximum revenue from the Recreation segment.

Executives

David Justin Haley	officer: See Remarks	1100 EAST 6600 SOUTH, SUITE 510, SALT LAKE CITY UT 84121
Brent O. Hatch	director	C/O MEDALLION FINANCIAL CORP., 437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Anthony N. Cutrone	officer: See Remarks	437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Robert Meyer	director	1455 VALLEY ROAD, WAYNE NJ 07470
Donald S. Poulton	officer: See Remarks	1100 EAST 6600 SOUTH, SUITE 510, SALT LAKE CITY UT 84121
Cynthia A Hallenbeck	director	7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Allan J Tanenbaum	director
David L Rudnick	director
Alvin Murstein	director, officer: Chairman & CEO
Henry L Aaron	director
Thomas J. Munson	officer: Please See Remarks	437 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Alexander S Travis	officer: See Remarks	3000 WEST COUNTY ROAD 42, SUITE 301, BURNSVILLE MN 55337
Frederick Menowitz	director	C/O MEDALLION FINANCIAL CORP, 437 MADISON AVE, NEW YORK NY 10022
Stephen A. Lewis	officer: See Remarks	3000 WEST COUNTY ROAD 42, SUITE 301, BURNSVILLE MN 55337
John Everets	director