Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bluestone Global's accounts receivables for the quarter that ended in Jun. 2013 was A$0.0 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Bluestone Global's Days Sales Outstanding for the quarter that ended in Jun. 2013 was 0.00.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bluestone Global's Net-Net Working Capital per share for the quarter that ended in Jun. 2013 was A$-0.18.
Bluestone Global Accounts Receivable Historical Data
The historical data trend for Bluestone Global'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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Bluestone Global 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.
Bluestone Global's Days Sales Outstanding for the quarter that ended in Jun. 2013 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Bluestone Global's accounts receivable are only considered to be worth 75% of book value:
Bluestone Global's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2013 is calculated as:
* 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.
Bluestone Global Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Bluestone Global's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Bluestone Global Limited is a specialist labour hire, professional placement and international recruitment firm trading under three key brands: Bluestone Recruitment, ResCo Services and Bluestone International. The Group has core capabilities encompassing temporary, permanent and international recruitment with a focus on the skills and labour constrained industries, including energy (coal, oil & gas), resources, transport and logistics, information technology, health, aged care and financial services. The Company operates its business in three segments: labour hire segment, mining segment and international segment. The Labor Hire segment engages in the placement of temporary and permanent workers domestically and overseas. The Mining segment provides solutions to the resources sector including the delivery of skilled labour, operations of mining sites, maintenance of plant and equipment and the provision of critical spares and consumables. The International segment engages in placement of temporary and permanent workers in Australia, sourced internationally.
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