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Virtutone Networks (Virtutone Networks) Accounts Receivable : $26.05 Mil (As of Oct. 2014)


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What is Virtutone Networks Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Virtutone Networks's accounts receivables for the quarter that ended in Oct. 2014 was $26.05 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Virtutone Networks's Days Sales Outstanding for the quarter that ended in Oct. 2014 was 67.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Virtutone Networks's Net-Net Working Capital per share for the quarter that ended in Oct. 2014 was $-0.04.


Virtutone Networks Accounts Receivable Historical Data

The historical data trend for Virtutone Networks'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.

Virtutone Networks Accounts Receivable Chart

Virtutone Networks Annual Data
Trend Mar06 Mar07 Mar08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 0.21 0.46 0.54 0.22 8.02

Virtutone Networks Quarterly Data
Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14
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 5.00 8.02 12.58 18.07 26.05

Virtutone Networks Accounts Receivable Calculation

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


Virtutone Networks 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.

Virtutone Networks's Days Sales Outstanding for the quarter that ended in Oct. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=26.048/35.321*91
=67.29

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

Virtutone Networks's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2014 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)
=(3.458+0.75 * 26.048+0.5 * 0-24.535
-0-0)/42.36
=-0.04

* 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.


Virtutone Networks Accounts Receivable Related Terms

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Virtutone Networks (Virtutone Networks) Business Description

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Virtutone Networks, Inc. is incorporated under the laws of the Province of Alberta. The Company is a provider of Voice over Internet Protocol, Fax over Internet Protocol, and related phone services to business and residential customers.

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