Molson Coors Canada (Molson Coors Canada) Accounts Receivable : $894 Mil (As of Mar. 2024)

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What is Molson Coors Canada Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Molson Coors Canada's accounts receivables for the quarter that ended in Mar. 2024 was $894 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Molson Coors Canada's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 31.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Molson Coors Canada's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-53.67.

Molson Coors Canada Accounts Receivable Historical Data

The historical data trend for Molson Coors Canada'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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Molson Coors Canada Accounts Receivable Chart

Molson Coors Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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705.90

549.60

662.70

739.80

757.80

Molson Coors Canada 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															803.80	1,015.10	918.70	757.80	894.10

Molson Coors Canada Accounts Receivable Calculation

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

Molson Coors Canada 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.

Molson Coors Canada's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	894.1	/	2596.4	*	91
=	31.42

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

Molson Coors Canada'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)
=	(458.4	+	0.75 * 894.1	+	0.5 * 870.9	-	12714.1
-	0	-	238.1)	/	212.2
=	-53.67

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.

Molson Coors Canada Accounts Receivable Related Terms

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Molson Coors Canada (Molson Coors Canada) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Molson Coors Canada Inc (OTCPK:MXGBF) » Definitions » Accounts Receivable

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Traded in Other Exchanges

TPX.B:Canada TPX.A:Canada

Address

33 Carlingview Drive, Toronto, ON, CAN, M9W 5E4

Website

https://www.molsoncoors.com

Molson Coors Canada Inc is a large global brewer and distributor of beer and other malt beverages. major brands include Coors Light, Miller Lite, Molson Canadian, Carling, Staropramen, Coors Banquet, Blue Moon, Vizzy, Leinenkugel, and Creemore. Its two segments are the Americas and EMEA&APAC segments. Americas segment operates in the U.S., Canada and various countries in the Caribbean, Latin and South America and EMEA&APAC segment operates in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the U.K., various other European countries, and certain countries within the Middle East, Africa and Asia Pacific. Its breweries are located across the U.S., Canada, and Europe, with the majority of the company's revenue generated in Americas.

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