Milkiland Foods PCL (WAR:MLK) Accounts Receivable: zł19.2 Mil (As of Mar. 2021)

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WAR:MLK Milkiland Foods PCL WAR:MLK
4 GF Score
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What is Milkiland Foods PCL Accounts Receivable?

Milkiland Foods PCL WAR:MLK -5.04% 4 Accounts Receivable is zł19.2 Mil as of Mar. 2021. GuruFocus rates WAR:MLK with a GF Score™ of 4/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Milkiland Foods PCL's accounts receivables for the quarter that ended in Mar. 2021 was zł19.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Milkiland Foods PCL's Days Sales Outstanding for the quarter that ended in Mar. 2021 was 42.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Milkiland Foods PCL's Net-Net Working Capital per share for the quarter that ended in Mar. 2021 was zł-19.25.

Milkiland Foods PCL 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.

Milkiland Foods PCL's Days Sales Outstanding for the quarter that ended in Mar. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=19.191/41.295*91
=42.41

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

Milkiland Foods PCL's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2021 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)
=(55.412+0.75 * 19.191+0.5 * 30.527-683.43
-0-3.278)/31.250
=-19.25

* 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.

Milkiland Foods PCL Accounts Receivable Related Terms

Milkiland Foods PCL Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Milkiland Foods PCL'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.

Milkiland Foods PCL Accounts Receivable Chart

Milkiland Foods PCL Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.75 52.61 43.02 43.76 63.38

Milkiland Foods PCL Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21
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 63.38 65.80 71.25 67.17 19.19
WAR:MLK
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Milkiland Foods PCL WAR:MLK
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Milkiland Foods PCL 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 zł19.2 Mil mean?
Milkiland Foods PCL (WAR:MLK) has a Accounts Receivable of zł19.2 Mil as of Mar. 2021. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Milkiland Foods PCL and its competitors.
Is Milkiland Foods PCL's Accounts Receivable too high?
Milkiland Foods PCL's current Accounts Receivable is zł19.2 Mil. Overall, Milkiland Foods PCL has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Milkiland Foods PCL's Accounts Receivable compare to SHRG and BLEG?
Milkiland Foods PCL's Accounts Receivable of zł19.2 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods 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 Milkiland Foods PCL and its competitors. Milkiland Foods PCL's current Accounts Receivable is zł19.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milkiland Foods PCL stock overvalued right now?
Milkiland Foods PCL (WAR:MLK) has a current Accounts Receivable of zł19.2 Mil. The current Accounts Receivable is zł19.2 Mil. Milkiland Foods PCL's overall GF Score™ is 4/100. 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 Milkiland Foods PCL (WAR:MLK), the current Accounts Receivable is zł19.2 Mil as of Mar. 2021. 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.

Milkiland Foods PCL Business Description

Address 9, Boryspilska Street, Office 303, Kyiv, UKR, 02090
Milkiland Foods PCL is a Netherland-based company engaged in the production and distribution of dairy products. It is organized into three segments which include Whole Milk products, which involves the sale of milk and milk products; Cheese and Butter products, which comprises of hard, soft and processed cheese, as well as packaged butter; and Ingredients, which includes products such as skimmed milk powder, and full cream powder. Geographically, it operates in Russia, Ukraine, Poland, and the Netherlands. It generates the majority of its revenues from the Whole Milk products in Russia.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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