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3D Metal Forge (ASX:3MF) Accounts Receivable : A$0.43 Mil (As of Dec. 2021)


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What is 3D Metal Forge Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 3D Metal Forge's accounts receivables for the quarter that ended in Dec. 2021 was A$0.43 Mil.

Accounts receivable can be measured by Days Sales Outstanding. 3D Metal Forge's Days Sales Outstanding for the quarter that ended in Dec. 2021 was 135.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. 3D Metal Forge's Net-Net Working Capital per share for the quarter that ended in Dec. 2021 was A$-0.33.


3D Metal Forge Accounts Receivable Historical Data

The historical data trend for 3D Metal Forge'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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3D Metal Forge Accounts Receivable Chart

3D Metal Forge Annual Data
Trend Dec21
Accounts Receivable
0.43

3D Metal Forge Semi-Annual Data
Jun21 Dec21
Accounts Receivable 0.25 0.43

3D Metal Forge Accounts Receivable Calculation

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


3D Metal Forge 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.

3D Metal Forge's Days Sales Outstanding for the quarter that ended in Dec. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.428/0.576*91
=135.61

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), 3D Metal Forge's accounts receivable are only considered to be worth 75% of book value:

3D Metal Forge's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(2.763+0.75 * 0.428+0.5 * 0.308-6.363
-0-0)/9.50596
=-0.33

* 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.


3D Metal Forge Accounts Receivable Related Terms

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3D Metal Forge (ASX:3MF) Business Description

Traded in Other Exchanges
N/A
Address
16 Ord Street, Ground Floor, West Perth, Perth, WA, AUS, 6005
3D Metal Forge Ltd is engaged in the business of providing 3D metal printing solutions and services. Also, the company provides diagnostic analysis, design services, client facility operation, and training services. Its geographical segments include Australia; Singapore and United States. The company generates maximum revenue from Singapore.

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