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Firemans Contractors (Firemans Contractors) Accounts Receivable : $0.08 Mil (As of Mar. 2014)


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What is Firemans Contractors Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Firemans Contractors's accounts receivables for the quarter that ended in Mar. 2014 was $0.08 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Firemans Contractors's Days Sales Outstanding for the quarter that ended in Mar. 2014 was 33.86.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Firemans Contractors's Net-Net Working Capital per share for the quarter that ended in Mar. 2014 was $-0.00.


Firemans Contractors Accounts Receivable Historical Data

The historical data trend for Firemans Contractors'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.

Firemans Contractors Accounts Receivable Chart

Firemans Contractors Annual Data
Trend Jun11 Jun12 Jun13
Accounts Receivable
0.16 0.07 0.12

Firemans Contractors Quarterly Data
Mar10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 0.16 0.12 0.15 0.03 0.08

Firemans Contractors Accounts Receivable Calculation

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


Firemans Contractors 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.

Firemans Contractors's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.082/0.221*91
=33.86

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

Firemans Contractors's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2014 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)
=(0.028+0.75 * 0.082+0.5 * 0-1.375
-0.29-0)/560.333
=-0.00

* 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.


Firemans Contractors Accounts Receivable Related Terms

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Firemans Contractors (Firemans Contractors) Business Description

Traded in Other Exchanges
N/A
Address
2313 E Loop 820 N, Fort Worth, TX, USA, 76118
Firemans Contractors Inc is a full service painting company, focusing on residential, commercial and industrial parking lot striping, and parking lot maintenance services.

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