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Morixe Hermanos (BUE:MORI) Accounts Receivable : ARS11,237 Mil (As of Mar. 2024)


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What is Morixe Hermanos Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Morixe Hermanos's accounts receivables for the quarter that ended in Mar. 2024 was ARS11,237 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Morixe Hermanos's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 48.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Morixe Hermanos's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ARS-54.74.


Morixe Hermanos Accounts Receivable Historical Data

The historical data trend for Morixe Hermanos'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.

Morixe Hermanos Accounts Receivable Chart

Morixe Hermanos Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.36 444.36 865.06 1,125.46 2,818.56

Morixe Hermanos Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 2,151.57 1,851.26 2,993.72 - 11,237.45

Morixe Hermanos Accounts Receivable Calculation

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


Morixe Hermanos 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.

Morixe Hermanos's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11237.448/20993.484*91
=48.84

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

Morixe Hermanos's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(1415.717+0.75 * 11237.448+0.5 * 15433.865-32992.045
-0-0)/281.902
=-54.74

* 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.


Morixe Hermanos Accounts Receivable Related Terms

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Morixe Hermanos (BUE:MORI) Business Description

Traded in Other Exchanges
N/A
Address
Federico Garcia Lorca 234, Buenos Aires, ARG, 1405
Morixe Hermanos SA operates in the Argentine mill industry. The company is engaged in the milling, industrialization, conditioning, buying and selling, import and export of flour, semolina, agricultural raw materials, by-products and derivatives.

Morixe Hermanos (BUE:MORI) Headlines

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