GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Melcor Developments Ltd (TSX:MRD) » Definitions » Accounts Receivable

Melcor Developments (TSX:MRD) Accounts Receivable : C$175.3 Mil (As of Dec. 2024)


View and export this data going back to 1972. Start your Free Trial

What is Melcor Developments Accounts Receivable?

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 Dec. 2024 was C$175.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Melcor Developments's Days Sales Outstanding for the quarter that ended in Dec. 2024 was 93.78.

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 Dec. 2024 was C$-10.61.


Melcor Developments Accounts Receivable Historical Data

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.

* Premium members only.

Melcor Developments Accounts Receivable Chart

Melcor Developments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.75 137.84 109.72 136.70 175.27

Melcor Developments Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 136.70 134.60 127.48 110.65 175.27

Melcor Developments Accounts Receivable Calculation

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


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 Dec. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=175.265/170.538*91
=93.78

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 Dec. 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)
=(58.111+0.75 * 175.265+0.5 * 708.047-865.923
-0-0)/30.368
=-10.61

* 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

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


Melcor Developments Business Description

Traded in Other Exchanges
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 Community Development, which is engaged in acquiring raw land and planning residential communities and commercial developments; Property Development, which is engaged in project managing development, leasing, and construction of commercial properties; Investment Properties operates a portfolio of commercial and residential properties, focused on property improvements and capital appreciation; the REIT, which is engaged in acquiring and owning leasable office, retail, industrial and residential sites; Recreation Property and Corporate.
Executives
Timothy Charles Melton 10% Security Holder, Director, Senior Officer
Susan Keating Senior Officer
Robyn Alexandra Salik Senior Officer
Graeme Melton Senior Officer
Leah Margiotta Senior Officer
Sinead O'meara Senior Officer
Guy Pelletier Senior Officer
Naomi Marie Stefura Senior Officer
Andrew John Melton 10% Security Holder, Director
Robert Brown Senior Officer
Douglas Bruce Pennock Director
Daniel Eggert Senior Officer
Ross A. Grieve Director
Darin Anthony Rayburn Senior Officer
Kathleen M Melton Director

Melcor Developments Headlines

No Headlines