Edgewater Technology (Edgewater Technology) Accounts Receivable : $28.2 Mil (As of Jun. 2018)

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What is Edgewater Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Edgewater Technology's accounts receivables for the quarter that ended in Jun. 2018 was $28.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Edgewater Technology's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 97.56.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Edgewater Technology's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $0.09.

Edgewater Technology Accounts Receivable Historical Data

The historical data trend for Edgewater Technology'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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Edgewater Technology Accounts Receivable Chart

Edgewater Technology Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Accounts Receivable

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19.84

24.65

27.75

25.66

22.22

Edgewater Technology Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
Accounts Receivable	Get a 7-Day Free Trial															25.75	25.58	22.22	24.56	28.15

Edgewater Technology Accounts Receivable Calculation

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

Edgewater Technology 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.

Edgewater Technology's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	28.154	/	26.334	*	91
=	97.56

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

Edgewater Technology's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=	(3.733	+	0.75 * 28.154	+	0.5 * 0	-	23.528
-	0	-	0)	/	14.621
=	0.09

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.

Edgewater Technology Accounts Receivable Related Terms

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Edgewater Technology (Edgewater Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Edgewater Technology Inc (NAS:EDGW) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.edgewater.com

Edgewater Technology Inc is a US-based company which acts as a provider of transformational classic and product-based consulting services. It focuses on delivering a range of blended solutions through a combination of industry-specific classic consulting, product-based software consulting and technology consulting services. It operates through three segments namely EPM, ERP and Classic Consulting. EPM (Enterprise Project Management) segment provides business analytics solutions leveraging Oracle EPM, BI (Business Intelligence) and Big data technologies. The ERP (Enterprise resource planning) segment delivers Dynamics AX ERP, BI and CRM (Customer relationship management) solutions and the Classic Consulting segment provides business advisory services blended with technical services.

Executives

Frederick D. Disanto	director, 10 percent owner	6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
Timothy Whelan	director	C/O WIRELESS TELECOM GROUP, INC., 25 EASTMANS ROAD, PARSIPANNY NJ 07054
Jeffrey L Rutherford	director, officer: Interim President/Interim CEO	15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Kurt James Wolf	director	175 BRICKYARD ROAD, ADAMS TOWNSHIP PA 16046
Paul Francis Mcneice	officer: Interim CFO	20 JOHANNA DRIVE, READING MA 01867
Timothy Oakes	officer: Chief Financial Officer	20 HARVARD MILL SQUARE, WAKEFIELD MA 01880
Nancy Leaming	director	C/O HOLOGIC INC, BEDFORD MA 01730
Wayne Wilson	director	29 LAKE AVE., SUNAPEE NH 03782
Kevin R Rhodes	officer: Chief Financial Officer	20 HARVARD MILLS SQUARE, WAKEFIELD MA 01880
Bob L Martin	director	C/O GAP, INC., 2 FOLSOM, SAN FRANCISCO CA 94105