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Lombard et Medot (XPAR:MLCAC) Accounts Receivable : €1.43 Mil (As of Dec. 2022)


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What is Lombard et Medot Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Lombard et Medot's accounts receivables for the quarter that ended in Dec. 2022 was €1.43 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Lombard et Medot's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 23.07.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Lombard et Medot's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was €-10.59.


Lombard et Medot Accounts Receivable Historical Data

The historical data trend for Lombard et Medot'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.

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Lombard et Medot Accounts Receivable Chart

Lombard et Medot Annual Data
Trend Dec20 Dec21 Dec22
Accounts Receivable
1.20 1.49 1.43

Lombard et Medot Semi-Annual Data
Dec20 Dec21 Dec22
Accounts Receivable 1.20 1.49 1.43

Lombard et Medot Accounts Receivable Calculation

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


Lombard et Medot 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.

Lombard et Medot's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.432/11.329*91
=23.07

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

Lombard et Medot's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=(1.079+0.75 * 1.432+0.5 * 28.125-21.396
-0-0)/0.48904
=-10.59

* 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.


Lombard et Medot Accounts Receivable Related Terms

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Lombard et Medot (XPAR:MLCAC) Business Description

Traded in Other Exchanges
N/A
Address
1 Rue Des Cotelles PB 118, Epernay, FRA, 51204
Lombard et Medot operates in brewers industry. The company is engaged in the manufacturing, packaging, and distribution of champagne in France and other parts of the world.

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