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Ameritrans Capital (Ameritrans Capital) Accounts Receivable : $0.67 Mil (As of Mar. 2013)


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What is Ameritrans Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ameritrans Capital's accounts receivables for the quarter that ended in Mar. 2013 was $0.67 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ameritrans Capital's Net-Net Working Capital per share for the quarter that ended in Mar. 2013 was $N/A.


Ameritrans Capital Accounts Receivable Historical Data

The historical data trend for Ameritrans Capital'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.

Ameritrans Capital Accounts Receivable Chart

Ameritrans Capital Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.54 0.42 0.41 0.81

Ameritrans Capital Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 0.39 0.81 0.78 0.74 0.67

Ameritrans Capital Accounts Receivable Calculation

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


Ameritrans Capital 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.

Ameritrans Capital's Days Sales Outstanding for the quarter that ended in Mar. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.669/-0.052*91
=

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

Ameritrans Capital's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2013 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)
=(0.695+0.75 * 0.669+0.5 * 0-22.307
-3.6-0)/0
=N/A

* 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.


Ameritrans Capital Accounts Receivable Related Terms

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Ameritrans Capital (Ameritrans Capital) Business Description

Traded in Other Exchanges
N/A
Address
50 Jericho Quadrange, Suite 109, Jericho, NY, USA, 11753
Ameritrans Capital Corp is a closed-end investment company. The company makes loans and investments with the goal of generating both current income and capital appreciation.

Ameritrans Capital (Ameritrans Capital) Headlines