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RPX Corp (NAS:RPXC)
Accounts Receivable
$46.5 Mil (As of Mar. 2016)

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. RPX Corp's accounts receivables for the quarter that ended in Mar. 2016 was $46.5 Mil.

Accounts receivable can be measured by Days Sales Outstanding. RPX Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 was 53.25.

In Ben Graham’s calculation of liquidation value, accounts receivable are only considered to be worth 75% of book value. RPX Corp's Liquidation Value for the quarter that ended in Mar. 2016 was $-29.0 Mil.


Definition

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


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.

RPX Corp's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=46.531/79.735*91
=53.25

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

RPX Corp's liquidation value for the quarter that ended in Mar. 2016 is calculated as:

Liquidation value
=