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Meed Growth (TSXV:MEED.P) Accounts Receivable : C$0.00 Mil (As of Dec. 2024)


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What is Meed Growth Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Meed Growth's accounts receivables for the quarter that ended in Dec. 2024 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Meed Growth's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$0.04.


Meed Growth Accounts Receivable Historical Data

The historical data trend for Meed Growth'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.

Meed Growth Accounts Receivable Chart

Meed Growth Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Accounts Receivable
- - - -

Meed Growth Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Meed Growth Accounts Receivable Calculation

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


Meed Growth 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.

Meed Growth's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

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

Meed Growth'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)
=(0.579+0.75 * 0+0.5 * 0-0.034
-0-0)/13.500
=0.04

* 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.


Meed Growth Accounts Receivable Related Terms

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Meed Growth Business Description

Traded in Other Exchanges
N/A
Address
250 Bay Street, Victoria, BC, CAN, V9A 3K5
Meed Growth Corp is a capital pool company.

Meed Growth Headlines

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