Signature Eyewear (Signature Eyewear) Accounts Receivable : $2.11 Mil (As of Apr. 2011)

Signature Eyewear Accounts Receivable Chart

Signature Eyewear Annual Data
	Trend	Oct01	Oct02	Oct03	Oct04	Oct05	Oct06	Oct07	Oct08	Oct09	Oct10
Accounts Receivable		Get a 7-Day Free Trial					2.94	2.88	2.81	2.57	2.50

Signature Eyewear Quarterly Data
	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Apr08	Jul08	Oct08	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11
Accounts Receivable	Get a 7-Day Free Trial															2.87	2.60	2.50	2.62	2.11

Signature Eyewear Accounts Receivable Calculation

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

Signature Eyewear 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.

Signature Eyewear's Days Sales Outstanding for the quarter that ended in Apr. 2011 is calculated as:

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

Signature Eyewear's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2011 is calculated as:

* 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.

Signature Eyewear Accounts Receivable Related Terms

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Signature Eyewear (Signature Eyewear) Business Description