Meridian AD (XBLB:MRDN-R-A) Accounts Receivable: BAM8.16 Mil (As of Dec. 2014)

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What is Meridian AD Accounts Receivable?

Meridian AD XBLB:MRDN-R-A Accounts Receivable is BAM8.16 Mil as of Dec. 2014.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Meridian AD's accounts receivables for the quarter that ended in Dec. 2014 was BAM8.16 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. Meridian AD's Net-Net Working Capital per share for the quarter that ended in Dec. 2014 was BAM0.14.

Meridian AD 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.

Meridian AD's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.158/0*91
=

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

Meridian AD's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.096+0.75 * 8.158+0.5 * 0.011-5.212
-0-0)/7.041
=0.14

* 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.

Meridian AD Accounts Receivable Related Terms

Meridian AD Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Meridian AD'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.

Meridian AD Accounts Receivable Chart

Meridian AD Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Accounts Receivable
6.87 6.69 7.95 8.16

Meridian AD Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Dec14
Accounts Receivable Get a 7-Day Free Trial 0.00 6.69 7.94 7.95 8.16

Meridian AD 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 BAM8.16 Mil mean?
Meridian AD (XBLB:MRDN-R-A) has a Accounts Receivable of BAM8.16 Mil as of Dec. 2014. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Meridian AD and its competitors.
Is Meridian AD's Accounts Receivable too high?
Meridian AD's current Accounts Receivable is BAM8.16 Mil.
How does Meridian AD's Accounts Receivable compare to JANL?
Meridian AD's Accounts Receivable of BAM8.16 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Accounts Receivable depends on the Transportation 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 Meridian AD and its competitors. Meridian AD's current Accounts Receivable is BAM8.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian AD stock overvalued right now?
Meridian AD (XBLB:MRDN-R-A) has a current Accounts Receivable of BAM8.16 Mil. The current Accounts Receivable is BAM8.16 Mil. 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 Meridian AD (XBLB:MRDN-R-A), the current Accounts Receivable is BAM8.16 Mil as of Dec. 2014. 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.

Meridian AD Business Description

Address Branka Perduva bb, Banja Luka, BIH, 78000
Meridian AD operates in the integrated shipping and logistics industry in Bosnia and Herzegovina. The services offered by the company include organization of transport, collective transport, customs brokerage, storage of goods, and consulting.