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Axios Mobile Assets (Axios Mobile Assets) Accounts Receivable : $1.60 Mil (As of Sep. 2016)


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What is Axios Mobile Assets Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Axios Mobile Assets's accounts receivables for the quarter that ended in Sep. 2016 was $1.60 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Axios Mobile Assets's Days Sales Outstanding for the quarter that ended in Sep. 2016 was 204.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Axios Mobile Assets's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was $-0.22.


Axios Mobile Assets Accounts Receivable Historical Data

The historical data trend for Axios Mobile Assets'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.

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Axios Mobile Assets Accounts Receivable Chart

Axios Mobile Assets Annual Data
Trend Sep08 Sep09 Sep10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial - 0.28 0.01 0.01 0.50

Axios Mobile Assets Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.50 1.00 1.36 1.60

Axios Mobile Assets Accounts Receivable Calculation

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


Axios Mobile Assets 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.

Axios Mobile Assets's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.601/0.713*91
=204.90

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

Axios Mobile Assets's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2016 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)
=(0.446+0.75 * 1.601+0.5 * 0-11.148
-0-0)/42.5865
=-0.22

* 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.


Axios Mobile Assets Accounts Receivable Related Terms

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Axios Mobile Assets (Axios Mobile Assets) Business Description

Traded in Other Exchanges
N/A
Address
30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8
Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

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