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Accumuli (LSE:ACM) Accounts Receivable : £0.00 Mil (As of Sep. 2014)


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What is Accumuli Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Accumuli's accounts receivables for the quarter that ended in Sep. 2014 was £0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Accumuli's Days Sales Outstanding for the quarter that ended in Sep. 2014 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Accumuli's Net-Net Working Capital per share for the quarter that ended in Sep. 2014 was £-0.08.


Accumuli Accounts Receivable Historical Data

The historical data trend for Accumuli'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.

Accumuli Accounts Receivable Chart

Accumuli Annual Data
Trend Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Mar12 Mar13 Mar14
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.24 1.59 3.64 3.77

Accumuli Semi-Annual Data
Feb05 Aug05 Feb06 Aug06 Feb07 Aug07 Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
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 - 3.64 - 3.77 -

Accumuli Accounts Receivable Calculation

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


Accumuli 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.

Accumuli's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/10.283*91
=0.00

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

Accumuli's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(3.601+0.75 * 0+0.5 * 0.013-16.534
-0-0)/160.212
=-0.08

* 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.


Accumuli Accounts Receivable Related Terms

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Accumuli (LSE:ACM) Business Description

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Accumuli PLC was incorporated in March 13, 2001. The Company provides IT security solutions and services. It help organisations manage IT risk by ensuring their IT infrastructure is available, performing and visible whilst always being compliant, resourced and secure. Its services includes Support and Managed Services, Professional Services and Technology Solutions.