Green Planet Group (Green Planet Group) Accounts Receivable : $1.78 Mil (As of Sep. 2011)

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What is Green Planet Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Green Planet Group's accounts receivables for the quarter that ended in Sep. 2011 was $1.78 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Green Planet Group's Days Sales Outstanding for the quarter that ended in Sep. 2011 was 25.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Green Planet Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2011 was $-0.10.

Green Planet Group Accounts Receivable Historical Data

The historical data trend for Green Planet Group'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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Green Planet Group Accounts Receivable Chart

Green Planet Group Annual Data

Trend

Mar04

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Accounts Receivable

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0.07

0.93

4.35

3.33

3.02

Green Planet Group Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Accounts Receivable	Get a 7-Day Free Trial															3.45	2.62	3.02	3.40	1.78

Green Planet Group Accounts Receivable Calculation

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

Green Planet Group 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.

Green Planet Group's Days Sales Outstanding for the quarter that ended in Sep. 2011 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.775	/	6.261	*	91
=	25.87

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

Green Planet Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2011 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)
=	(0.064	+	0.75 * 1.775	+	0.5 * 0.349	-	20.965
-	0	-	0)	/	185.881
=	-0.10

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.

Green Planet Group Accounts Receivable Related Terms

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Green Planet Group (Green Planet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Green Planet Group Inc (OTCPK:GNPG) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

3259 E. Harbour Drive, Suite 101, Phoenix, AZ, USA, 85034

Website

https://www.greenplanetgroup.com

Green Planet Group Inc, through its subsidiaries, is engaged in the following businesses: production of lubricants and additives for gasoline and diesel-fueled engines; developing a hydrogen generator that reduces hydrocarbon emissions while improving fuel efficiency; developing a new "fast track" growing system capable of growing vast amounts of fresh organic food at the point of consumption reducing transportation costs while reducing water use by 90+% and increasing productivity by 300%; and developing green technologies for use in the mining of rare and precious metals and elements.