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Mondial Ventures (Mondial Ventures) Accounts Receivable : $0.00 Mil (As of Sep. 2014)


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What is Mondial Ventures Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mondial Ventures's accounts receivables for the quarter that ended in Sep. 2014 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mondial Ventures's Days Sales Outstanding for the quarter that ended in Sep. 2014 was 2.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mondial Ventures's Net-Net Working Capital per share for the quarter that ended in Sep. 2014 was $-0.00.


Mondial Ventures Accounts Receivable Historical Data

The historical data trend for Mondial Ventures'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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Mondial Ventures Accounts Receivable Chart

Mondial Ventures Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Receivable
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Mondial Ventures Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Mondial Ventures Accounts Receivable Calculation

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


Mondial Ventures 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.

Mondial Ventures's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.001/0.039*91
=2.34

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

Mondial Ventures's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2014 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)
=(0.004+0.75 * 0.001+0.5 * 0-3.345
-0-0)/1665.86
=-0.00

* 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.


Mondial Ventures Accounts Receivable Related Terms

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Mondial Ventures (Mondial Ventures) Business Description

Traded in Other Exchanges
N/A
Address
6564 Smoke Tree Lane, Scottsdale, AZ, USA, 85253
Mondial Ventures Inc is active in the energy sector. It is an independent oil and gas company, engaged in the exploration, development, and exploitation of crude oil and natural gas properties primarily in the United States. It holds interests in the J.B. Tubb Leasehold Estate/Amoco Crawar field comprising three well heads and three wellbores. It also has its facilities in Ward County, Texas.

Mondial Ventures (Mondial Ventures) Headlines