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M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Accounts Receivable : R$1,840 Mil (As of Dec. 2023)


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What is M Dias Branco Industria e Comercio de Alimentos Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. M Dias Branco Industria e Comercio de Alimentos's accounts receivables for the quarter that ended in Dec. 2023 was R$1,840 Mil.

Accounts receivable can be measured by Days Sales Outstanding. M Dias Branco Industria e Comercio de Alimentos's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 60.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. M Dias Branco Industria e Comercio de Alimentos's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was R$-1.19.


M Dias Branco Industria e Comercio de Alimentos Accounts Receivable Historical Data

The historical data trend for M Dias Branco Industria e Comercio de Alimentos'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.

* Premium members only.

M Dias Branco Industria e Comercio de Alimentos Accounts Receivable Chart

M Dias Branco Industria e Comercio de Alimentos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 957.53 960.06 1,438.99 1,690.88 1,839.66

M Dias Branco Industria e Comercio de Alimentos Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,557.78 1,820.66 1,658.81 1,839.66 -

M Dias Branco Industria e Comercio de Alimentos Accounts Receivable Calculation

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


M Dias Branco Industria e Comercio de Alimentos 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.

M Dias Branco Industria e Comercio de Alimentos's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1839.656/2770.434*91
=60.59

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), M Dias Branco Industria e Comercio de Alimentos's accounts receivable are only considered to be worth 75% of book value:

M Dias Branco Industria e Comercio de Alimentos's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(2285.864+0.75 * 1839.656+0.5 * 1338.35-4736.298
-0-0)/336.325
=-1.19

* 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.


M Dias Branco Industria e Comercio de Alimentos Accounts Receivable Related Terms

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M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Business Description

Traded in Other Exchanges
N/A
Address
Rodovia BR 116, Sem Numero Km 18, Eusebio, CE, BRA, 61760-000
M Dias Branco SA Industria e Comercio de Alimentos is a Brazilian company engaged in the industrialization, sale and distribution of food products derived from wheat, mainly cookies and crackers, pasta and wheat flour/bran and the manufacture, sale and distribution of vegetable shortenings and margarines, cakes, cake mixes, packaged toast and snacks. The Company's brands in the domestic market are Adria, Aldente, Basilar, Bonsabor, Estrela, Fortaleza, Finna, Fit Food, Frontera, Isabela, Jasmine, Pelagio, Pilar, Piraque, Predilleto, Richester, Salsito, Smart, Taste and Co, Treloso, Vitarella, and Zabet; and in the foreign market: Las Acacias.

M Dias Branco Industria e Comercio de Alimentos (BSP:MDIA3) Headlines

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