Ultrapay Limited (ASX:ULT) Accounts Receivable : A$0.00 Mil (As of Dec. 2006)

Ultrapay Limited Accounts Receivable Chart

Ultrapay Limited Annual Data
	Trend	Jun97	Jun98	Jun99	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Jun06
Accounts Receivable		Get a 7-Day Free Trial					-	-	-	-	-

Ultrapay Limited Semi-Annual Data
	Dec96	Jun97	Dec98	Jun99	Dec99	Jun00	Dec00	Jun01	Dec01	Jun02	Dec02	Jun03	Dec03	Jun04	Dec04	Jun05	Dec05	Jun06	Dec06
Accounts Receivable	Get a 7-Day Free Trial														-	-	-	-	-

Ultrapay Limited Accounts Receivable Calculation

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

Ultrapay Limited 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.

Ultrapay Limited's Days Sales Outstanding for the quarter that ended in Dec. 2006 is calculated as:

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

Ultrapay Limited's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2006 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.

Ultrapay Limited Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Ultrapay Limited's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Ultrapay Limited (ASX:ULT) Business Description