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Zoom Technologies (Zoom Technologies) Accounts Receivable : $0.50 Mil (As of Mar. 2014)


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What is Zoom Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Zoom Technologies's accounts receivables for the quarter that ended in Mar. 2014 was $0.50 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Zoom Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2014 was $-47.44.


Zoom Technologies Accounts Receivable Historical Data

The historical data trend for Zoom 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.

Zoom Technologies Accounts Receivable Chart

Zoom Technologies Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.06 21.74 3.38 4.40 0.61

Zoom Technologies Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 2.57 3.34 1.03 0.61 0.50

Zoom Technologies Accounts Receivable Calculation

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


Zoom 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.

Zoom Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.497/0*91
=

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

Zoom Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(15.706+0.75 * 0.497+0.5 * 0-159.39
-0--0.586)/3.00857
=-47.44

* 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.


Zoom Technologies Accounts Receivable Related Terms

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Zoom Technologies (Zoom Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Sanlitun SOHO, Building A, 11th Floor, No. 8 Worker Stadium North Road, Chaoyang District, Beijing, CHN, 10027
Zoom Technologies Inc designs, produces, markets, sales and supports broadband and dial-up modems, Voice over Internet Protocol or VoIP products and services, Bluetooth wireless products, and other communication-related products. It is engaged in mobile platform video game development, manufacturing, research and development, and sales of electronic components for third generation mobile phones, wireless communication circuitry, GPS equipment, and related software products.
Executives
Anthony K Chan director, officer: Chief Financial Officer 32108 ALVARADO BLVD., UNIT 138, UNION CITY CA 94587
Frank Blase Manning director C/O ZOOM TELEPHONICS INC, 207 SOUTH STREET, BOSTON MA 02110
Peter Robin Kramer director
Joseph Donovan director C/O ZOOM TECHNOLOGIES INC, 207 SOUTH STREET, BOSTON MA 02111
J Ronald Woods director
Bernard Furman director
Terry Manning officer: VP Sales & Marketing
Deena M Randall officer: VP of Operations
Robert A Crist officer: CFO

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