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AVVAA World Health Care Products (AVVAA World Health Care Products) Accounts Receivable : $0.03 Mil (As of May. 2007)


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What is AVVAA World Health Care Products Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AVVAA World Health Care Products's accounts receivables for the quarter that ended in May. 2007 was $0.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AVVAA World Health Care Products's Days Sales Outstanding for the quarter that ended in May. 2007 was 53.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AVVAA World Health Care Products's Net-Net Working Capital per share for the quarter that ended in May. 2007 was $-3.49.


AVVAA World Health Care Products Accounts Receivable Historical Data

The historical data trend for AVVAA World Health Care Products'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.

AVVAA World Health Care Products Accounts Receivable Chart

AVVAA World Health Care Products Annual Data
Trend May00 May01 May02 May03 May04 May05 May06 May07
Accounts Receivable
Get a 7-Day Free Trial - - 0.01 0.01 0.03

AVVAA World Health Care Products Semi-Annual Data
May00 May01 May02 May03 May04 May05 May06 May07
Accounts Receivable Get a 7-Day Free Trial - - 0.01 0.01 0.03

AVVAA World Health Care Products Accounts Receivable Calculation

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


AVVAA World Health Care Products 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.

AVVAA World Health Care Products's Days Sales Outstanding for the quarter that ended in May. 2007 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.028/0.096*91
=53.23

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

AVVAA World Health Care Products's Net-Net Working Capital Per Share for the quarter that ended in May. 2007 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)
=(0.009+0.75 * 0.028+0.5 * 0-14.552
-0-0)/4.16618
=-3.49

* 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.


AVVAA World Health Care Products Accounts Receivable Related Terms

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AVVAA World Health Care Products (AVVAA World Health Care Products) Business Description

Traded in Other Exchanges
N/A
Address
1001 West Loop South, Suite 803, Houston, TX, USA, 77027
AVVAA World Health Care Products Inc operates through its wholly-owned subsidiary, GoldQuest Capital, Inc. The company is a real estate lending company that specializes in the syndication of first lien, and asset-backed real estate mortgages in the residential, commercial, and industrial sectors.
Executives
Mark E Alden director, officer: V.P. Research and Development PO BOX 204, BRYN ATHYN PA 19009
James W Haney officer: V. P. MFG/Dist. Consultant 21 ERINDALE DR, MARLTON NJ 08053
Barbara Smith officer: Executive VP Sales & Marketing PO BOX 370, FALKLAND BC A1 V0E 1W0
John Stewart Farley director, 10 percent owner, officer: President and CEO PO BOX 335, 3018 SCHAEFFER ROAD, FAULKLAND A1 V0E 1W0
Farley Lorie Dale Campbell 10 percent owner, officer: V.P. Animal Care Products PO BOX 335, 3018 SCHAEFFER ROAD, FAULKLAND A1 V0E 1W0
Ronald James Reynolds officer: V.P. Manufacturing Dist./Can 9015 RUSSET DRIVE, COLDSTREAM A1 V1B 2B7
Charles Tait Austin director, officer: CFO and Secretary 13503 SUMNE LANE, VERNON, BRITISH COLUMBIA, A1 00000

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