MEIL (Methes Energies International) Change In Receivables: $0.00 Mil (TTM As of Aug. 2023)

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What is Methes Energies International Change In Receivables?

Methes Energies International MEIL Change In Receivables is $0.00 Mil as of Aug. 2023.

Methes Energies International's change in receivables for the quarter that ended in Aug. 2023 was $0.00 Mil. It means Methes Energies International's Accounts Receivable stayed the same from May. 2023 to Aug. 2023 .

Methes Energies International's change in receivables for the fiscal year that ended in Nov. 2014 was $0.87 Mil. It means Methes Energies International's Accounts Receivable declined by $0.87 Mil from Nov. 2013 to Nov. 2014 .

Methes Energies International's Accounts Receivable for the quarter that ended in Aug. 2023 was $0.00 Mil.

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 Receivable are being managed.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Methes Energies International's liquidation value for the three months ended in Aug. 2023 was $-1.32 Mil.

Methes Energies International (OTCPK:MEIL) Change In Receivables 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 Receivable are being managed.

Methes Energies International's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

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

2. In Ben Graham's calculation of liquidation value, Methes Energies International's accounts receivable are only considered to be worth 75% of book value:

Methes Energies International's liquidation value for the quarter that ended in Aug. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.002	-	1.345	+	0.75 * 0	+	0.5 * 0.052
=	-1.32

* 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.

Methes Energies International Change In Receivables Related Terms

Methes Energies International Change In Receivables Historical Data

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The historical data trend for Methes Energies International's Change In Receivables can be seen below:

Methes Energies International Change In Receivables Chart

Methes Energies International Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Change In Receivables

-0.20

-0.74

0.82

-0.88

0.87

Methes Energies International Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Aug22	May23	Aug23
Change In Receivables	Get a 7-Day Free Trial															0.04	0.33	0.00	0.00	0.00

Methes Energies International Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Frequently Asked Questions Learn more about Change In Receivables →

What does a Change In Receivables of $0.00 Mil mean?

Methes Energies International (MEIL) has a Change In Receivables of $0.00 Mil as of Aug. 2023. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Methes Energies International and its competitors.

Is Methes Energies International's Change In Receivables too high?

Methes Energies International's current Change In Receivables is $0.00 Mil.

How does Methes Energies International's Change In Receivables compare to PARG and WWSG?

Methes Energies International's Change In Receivables of $0.00 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Change In Receivables for a Diversified Financial Services company?

A good Change In Receivables depends on the Diversified Financial Services industry context. However, Change In Receivables 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 Change In Receivables mean?

A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Methes Energies International and its competitors. Methes Energies International's current Change In Receivables is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Methes Energies International stock overvalued right now?

Methes Energies International (MEIL) has a current Change In Receivables of $0.00 Mil. The current Change In Receivables is $0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Change In Receivables calculated?

Change In Receivables is calculated from a company's financial statements. For Methes Energies International (MEIL), the current Change In Receivables is $0.00 Mil as of Aug. 2023. 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.

Methes Energies International Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies PARG WWSG BBOE BISA SVAD STRG MMNT MYCB NICH KSSH PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747

Website https://www.methes.com

Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.