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American Metal & Technology (American Metal & Technology) Accounts Receivable : $0.85 Mil (As of Sep. 2010)


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What is American Metal & Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. American Metal & Technology's accounts receivables for the quarter that ended in Sep. 2010 was $0.85 Mil.

Accounts receivable can be measured by Days Sales Outstanding. American Metal & Technology's Days Sales Outstanding for the quarter that ended in Sep. 2010 was 25.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. American Metal & Technology's Net-Net Working Capital per share for the quarter that ended in Sep. 2010 was $0.37.


American Metal & Technology Accounts Receivable Historical Data

The historical data trend for American Metal & Technology'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.

American Metal & Technology Accounts Receivable Chart

American Metal & Technology Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.33 0.44 0.21

American Metal & Technology Quarterly Data
Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 0.43 0.21 0.54 0.70 0.85

American Metal & Technology Accounts Receivable Calculation

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


American Metal & Technology 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.

American Metal & Technology's Days Sales Outstanding for the quarter that ended in Sep. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.846/2.99*91
=25.82

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

American Metal & Technology's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2010 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)
=(4.845+0.75 * 0.846+0.5 * 2.485-2.252
-0-0)/12.0122
=0.37

* 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.


American Metal & Technology Accounts Receivable Related Terms

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American Metal & Technology (American Metal & Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 11 Shi Xing Street, Badachu Hi-Tech Zone, Shijingshan District, Beijing, CHN, 100041
American Metal & Technology Inc through its subsidiaries is engaged in precision casting, machining, mold design and manufacturing in the People's Republic of China. It manufacture investment casting and machined products, including valves, pipe fittings, dispensers, machinery spare parts, water treatment parts, automotive and airplane accessories, electronic circuit boards for home appliances and motion controllers, and other equipment parts.

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