GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hypertension Diagnostics Inc (OTCPK:HDII) » Definitions » Accounts Receivable

Hypertension Diagnostics (Hypertension Diagnostics) Accounts Receivable : $0.19 Mil (As of Sep. 2019)


View and export this data going back to 1998. Start your Free Trial

What is Hypertension Diagnostics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hypertension Diagnostics's accounts receivables for the quarter that ended in Sep. 2019 was $0.19 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hypertension Diagnostics's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.11.


Hypertension Diagnostics Accounts Receivable Historical Data

The historical data trend for Hypertension Diagnostics'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.

Hypertension Diagnostics Accounts Receivable Chart

Hypertension Diagnostics Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.15 0.17 0.18 0.19

Hypertension Diagnostics Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Dec16 Dec17 Dec18 Mar19 Jun19 Sep19
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 0.18 0.19 0.19 0.19 0.19

Hypertension Diagnostics Accounts Receivable Calculation

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


Hypertension Diagnostics 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.

Hypertension Diagnostics's Days Sales Outstanding for the quarter that ended in Sep. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.188/0*91
=

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

Hypertension Diagnostics's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 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)
=(0.086+0.75 * 0.188+0.5 * 0.189-6.03
-0.006-0)/52.3887
=-0.11

* 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.


Hypertension Diagnostics Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Hypertension Diagnostics's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Hypertension Diagnostics (Hypertension Diagnostics) Business Description

Traded in Other Exchanges
N/A
Address
550 Highway 7 Unit 316, Ontario, ON, CAN, L4B324
Hypertension Diagnostics Inc is a shell company.