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American Biltrite (American Biltrite) Accounts Receivable : $20.1 Mil (As of Dec. 2011)


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What is American Biltrite Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. American Biltrite's accounts receivables for the quarter that ended in Dec. 2011 was $20.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. American Biltrite's Days Sales Outstanding for the quarter that ended in Dec. 2011 was 35.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. American Biltrite's Net-Net Working Capital per share for the quarter that ended in Dec. 2011 was $-1,139.01.


American Biltrite Accounts Receivable Historical Data

The historical data trend for American Biltrite'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.

American Biltrite Accounts Receivable Chart

American Biltrite Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.50 36.63 19.08 21.89 20.09

American Biltrite Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
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 21.89 26.19 24.15 26.16 20.09

American Biltrite Accounts Receivable Calculation

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


American Biltrite 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.

American Biltrite's Days Sales Outstanding for the quarter that ended in Dec. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=20.087/51.095*91
=35.87

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

American Biltrite's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2011 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)
=(3.379+0.75 * 20.087+0.5 * 39.46-76.493
-0-0.943)/0.03447
=-1,139.01

* 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.


American Biltrite Accounts Receivable Related Terms

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American Biltrite (American Biltrite) Business Description

Traded in Other Exchanges
N/A
Address
57 River Street, Suite 302, Wellesley Hills, MA, USA, 02481-2097
American Biltrite Inc is engaged in providing flooring products, tape products, jewelry, and rubber products globally. It offers all the products from its operating divisions, Tape Division, K&M Associates L.P., and American Biltrite (Canada) Ltd. The Tape products division provides specialized pressure-sensitive tapes, films, and protective sheeting. American Biltrite (Canada) Ltd manufactures and distributes commercial flooring and performance sheet rubber throughout North America. K&M Associates L.P. supplies fashion jewelry and sells branded and private-label products to a wide range of retail customers.
Executives
Mark N Kaplan director C/O AUTOWEB, INC. 6410 OAK CANYON, SUITE 250 IRVINE CA 92618
Mark S Newman director DRS TECHNOLOGIES, INC., 5 SYLVAN WAY, PARSIPPANY NJ 07054
Kenneth I Watchmaker director
Frederick H Joseph director 93 ABBOT STREET, ANDOVER MA 01810

American Biltrite (American Biltrite) Headlines

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