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Plures Technologies (Plures Technologies) Accounts Receivable : $0.53 Mil (As of Sep. 2013)


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What is Plures Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Plures Technologies's accounts receivables for the quarter that ended in Sep. 2013 was $0.53 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Plures Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2013 was 76.90.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Plures Technologies's Net-Net Working Capital per share for the quarter that ended in Sep. 2013 was $-1.95.


Plures Technologies Accounts Receivable Historical Data

The historical data trend for Plures Technologies'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.

Plures Technologies Accounts Receivable Chart

Plures Technologies Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Dec11 Dec12
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 - - 0.25 0.35

Plures Technologies Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.15 0.35 0.31 0.58 0.53

Plures Technologies Accounts Receivable Calculation

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


Plures Technologies 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.

Plures Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.525/0.623*91
=76.90

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

Plures Technologies's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2013 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)
=(0.561+0.75 * 0.525+0.5 * 0.35-12.254
-0--0.095)/5.65838
=-1.95

* 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.


Plures Technologies Accounts Receivable Related Terms

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Plures Technologies (Plures Technologies) Business Description

Traded in Other Exchanges
N/A
Address
5297 Parkside Drive, Canandaigua, NY, USA, 14424
Plures Technologies Inc is engaged in the development, engineering and manufacture of innovative MEMS (micro electrical mechanical systems) and Spintronics (magnetic encoding and reading of electron spin) products based in its Shrewsbury.

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