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Towerstream (Towerstream) Accounts Receivable : $0.54 Mil (As of Dec. 2018)


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What is Towerstream Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Towerstream's accounts receivables for the quarter that ended in Dec. 2018 was $0.54 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Towerstream's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 8.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Towerstream's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-97.06.


Towerstream Accounts Receivable Historical Data

The historical data trend for Towerstream'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.

Towerstream Accounts Receivable Chart

Towerstream Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.31 0.51 0.91 0.54

Towerstream Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 0.91 0.86 0.57 0.54 0.54

Towerstream Accounts Receivable Calculation

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


Towerstream 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.

Towerstream's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.538/5.836*91
=8.41

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

Towerstream's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(4.173+0.75 * 0.538+0.5 * 0-42.859
-0-0)/0.39441
=-97.06

* 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.


Towerstream Accounts Receivable Related Terms

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Towerstream (Towerstream) Business Description

Traded in Other Exchanges
N/A
Address
76 Hammarlund Way, Middletown, RI, USA, 02842
Towerstream Corp is a US-based company providing fixed wireless services. The company operates through the Fixed Wireless Services business segment. Its fixed wireless service provides bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. The company installs receivers and antennas on rooftops to establish a wireless connection between the customer Location to one or more of its points of presence.
Executives
William John Bush director 539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Paul Koehler director C/O TOWERSTREAM CORPORATION, 55 HAMMARLUND WAY, MIDDLETOWN RI 02842
Don Macneil director 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Ernest Ortega officer: Chief Executive Officer 18934 CANOE LANDING COURT, LEESBURG VA 20176
Jeffrey M Thompson director, officer: President and CEO 5 SHELL CASTLE CLUB, PALMAS DEL MAR PR 00791
Joseph P Hernon officer: Chief Financial Officer 1607 PONCE DE LEON AVENUE, SUITE 407, SAN JUAN PR 00909
Kilguss George E Iii officer: Chief Financial Officer C/O VERISIGN, INC., 12061 BLUEMONT WAY, RESTON VA 20190

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