MODVF (Melcor Developments) Accounts Receivable: $144.6 Mil (As of Mar. 2026)

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MODVF Melcor Developments Ltd MODVF
79 GF Score
Price $13.45
GF Value $10.89
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Melcor Developments Accounts Receivable?

Melcor Developments MODVF 79 Accounts Receivable is $144.6 Mil as of Mar. 2026. GuruFocus rates MODVF with a GF Score™ of 79/100 and a GF Value™ of $10.89 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Melcor Developments's accounts receivables for the quarter that ended in Mar. 2026 was $144.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Melcor Developments's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 399.12.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Melcor Developments's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-3.29.


Melcor Developments 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.

Melcor Developments's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=144.625/33.065*91
=399.12

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

Melcor Developments's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 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)
=(39.71+0.75 * 144.625+0.5 * 523.997-508.936
-0-0)/30.037
=-3.29

* 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.


Melcor Developments Accounts Receivable Related Terms


Melcor Developments Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Melcor Developments'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.

Melcor Developments Accounts Receivable Chart

Melcor Developments Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.68 80.77 101.89 123.02 154.27

Melcor Developments Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 98.83 91.64 97.02 154.27 144.63
MODVF
79GF Score
Melcor Developments Ltd MODVF
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Melcor Developments 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 $144.6 Mil mean?
Melcor Developments (MODVF) has a Accounts Receivable of $144.6 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Melcor Developments and its competitors.
Is Melcor Developments' Accounts Receivable too high?
Melcor Developments' current Accounts Receivable is $144.6 Mil. Overall, Melcor Developments has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Melcor Developments' Accounts Receivable compare to competitors?
Melcor Developments' Accounts Receivable of $144.6 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Accounts Receivable depends on the Real Estate 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 Melcor Developments and its competitors. Melcor Developments's current Accounts Receivable is $144.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melcor Developments stock overvalued right now?
Based on GuruFocus' analysis, Melcor Developments (MODVF) is currently considered Modestly Overvalued. The stock's GF Value™ is $10.89, compared to a current price of $13.45 — trading 23.5% above its estimated fair value. The current Accounts Receivable is $144.6 Mil. Melcor Developments' overall GF Score™ is 79/100 with 4 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 Melcor Developments (MODVF), the current Accounts Receivable is $144.6 Mil as of Mar. 2026. 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 Melcor Developments (MODVF) Overvalued in 2026?

Based on GuruFocus' analysis, Melcor Developments stock appears to be overvalued. The current stock price of $13.45 is trading 23.5% above its estimated GF Value™ of $10.89. GuruFocus considers Melcor Developments to be Modestly Overvalued.

Key valuation signals for MODVF:

  • Accounts Receivable: $144.6 Mil
  • GF Value™: $10.89 vs. price of $13.45 (23.5% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the MODVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Melcor Developments Business Description

Other Exchanges MRD:Canada
Address 10310 Jasper Avenue, Suite 900, Edmonton, AB, CAN, T5J 1Y8
Melcor Developments Ltd is a real estate development company. It develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail commercial centers, and golf courses. Its divisions includes Land: acquires raw land and plans residential communities and commercial developments, Properties: owns and operates a portfolio of commercial and residential properties and development of commercial properties, Golf: owning and operating championship golf courses associated with residential communities, Corporate: orchestrates strategic planning, financial governance, risk mitigation guiding the organization through dynamic market shifts towards sustained and adaptive success.
79GF Score

Get the complete analysis for MODVF

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.45
Price
$10.89
GF Value