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CapitalSouth Bancorp (CapitalSouth Bancorp) Accounts Receivable : $0.00 Mil (As of Sep. 2008)


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What is CapitalSouth Bancorp Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CapitalSouth Bancorp's accounts receivables for the quarter that ended in Sep. 2008 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CapitalSouth Bancorp's Days Sales Outstanding for the quarter that ended in Sep. 2008 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CapitalSouth Bancorp's Net-Net Working Capital per share for the quarter that ended in Sep. 2008 was $-158.78.


CapitalSouth Bancorp Accounts Receivable Historical Data

The historical data trend for CapitalSouth Bancorp'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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CapitalSouth Bancorp Accounts Receivable Chart

CapitalSouth Bancorp Annual Data
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CapitalSouth Bancorp Quarterly Data
Dec01 Dec02 Dec03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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CapitalSouth Bancorp Accounts Receivable Calculation

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


CapitalSouth Bancorp 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.

CapitalSouth Bancorp's Days Sales Outstanding for the quarter that ended in Sep. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/4.552*91
=0.00

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

CapitalSouth Bancorp's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2008 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)
=(11.296+0.75 * 0+0.5 * 0-671.711
-0-0)/4.1594
=-158.78

* 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.


CapitalSouth Bancorp Accounts Receivable Related Terms

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CapitalSouth Bancorp (CapitalSouth Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2340 Woodcrest Place, Suite 200, Birmingham, AL, USA, 35209
CapitalSouth Bancorp is engaged in financial services which include Retail, Commercial, Business Banking, Private Banking, and Mortgage. Its business includes Banking; Credit cards; Business loans; Treasury management: and Merchant services. It provides Personal checking accounts; Business checking accounts; Money Market accounts; Certificate of deposits and Individual Retirement accounts.

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