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Net Medical Xpress Solutions (Net Medical Xpress Solutions) Accounts Receivable : $0.25 Mil (As of Jun. 2018)


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What is Net Medical Xpress Solutions Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Net Medical Xpress Solutions's accounts receivables for the quarter that ended in Jun. 2018 was $0.25 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Net Medical Xpress Solutions's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 41.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Net Medical Xpress Solutions's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $0.00.


Net Medical Xpress Solutions Accounts Receivable Historical Data

The historical data trend for Net Medical Xpress Solutions'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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Net Medical Xpress Solutions Accounts Receivable Chart

Net Medical Xpress Solutions Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.61 0.58 0.43 0.26

Net Medical Xpress Solutions Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar18 Jun18
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 0.34 0.25 0.23 0.17 0.25

Net Medical Xpress Solutions Accounts Receivable Calculation

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


Net Medical Xpress Solutions 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.

Net Medical Xpress Solutions's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.249/0.546*91
=41.61

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

Net Medical Xpress Solutions's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=(0.277+0.75 * 0.249+0.5 * 0.011-0.407
-0-0)/19.8859
=0.00

* 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.


Net Medical Xpress Solutions Accounts Receivable Related Terms

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Net Medical Xpress Solutions (Net Medical Xpress Solutions) Business Description

Traded in Other Exchanges
N/A
Address
8206 Louisiana Boulevard NE, Suite A, Albuquerque, NM, USA, 87113
Net Medical Xpress Solutions Inc is engaged in providing solutions to the telemedicine industry which deliver medical laboratory services. It offers proprietary software that links electronic medical records while enabling state-of-the-art conferencing and communications. The company also offers call centers, proprietary hardware implementations, diagnostic and clinical services, and software research and development capabilities.