GURUFOCUS.COM » STOCK LIST » Octopus Eclipse VCT 2 PLC (LSE:OEC2) » Definitions » Accounts Receivable

Octopus Eclipse VCT 2 (LSE:OEC2) Accounts Receivable : £0.00 Mil (As of Jul. 2012)


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

What is Octopus Eclipse VCT 2 Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Octopus Eclipse VCT 2's accounts receivables for the quarter that ended in Jul. 2012 was £0.00 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. Octopus Eclipse VCT 2's Net-Net Working Capital per share for the quarter that ended in Jul. 2012 was £0.18.


Octopus Eclipse VCT 2 Accounts Receivable Historical Data

The historical data trend for Octopus Eclipse VCT 2'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.

Octopus Eclipse VCT 2 Accounts Receivable Chart

Octopus Eclipse VCT 2 Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12
Accounts Receivable
Get a 7-Day Free Trial - 0.17 - - -

Octopus Eclipse VCT 2 Semi-Annual Data
Jul05 Jan06 Jul06 Jan07 Jul07 Jan08 Jul08 Jan09 Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12
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 - - - - -

Octopus Eclipse VCT 2 Accounts Receivable Calculation

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


Octopus Eclipse VCT 2 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.

Octopus Eclipse VCT 2's Days Sales Outstanding for the quarter that ended in Jul. 2012 is calculated as:

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

Octopus Eclipse VCT 2's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2012 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)
=(3.566+0.75 * 0+0.5 * 0-0.194
-0-0)/18.714
=0.18

* 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.


Octopus Eclipse VCT 2 Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Octopus Eclipse VCT 2's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Octopus Eclipse VCT 2 (LSE:OEC2) Business Description

Traded in Other Exchanges
N/A
Address
Octopus Eclipse VCT 2 PLC is a venture capital trust which aims to provide shareholders with attractive tax-free dividends and long-term capital growth, by investing in a diverse portfolio of unquoted and AIM-quoted companies.

Octopus Eclipse VCT 2 (LSE:OEC2) Headlines

No Headlines