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Control4 (Control4) Accounts Receivable : $30.3 Mil (As of Mar. 2019)


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What is Control4 Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Control4's accounts receivables for the quarter that ended in Mar. 2019 was $30.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Control4's Days Sales Outstanding for the quarter that ended in Mar. 2019 was 45.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Control4's Net-Net Working Capital per share for the quarter that ended in Mar. 2019 was $2.28.


Control4 Accounts Receivable Historical Data

The historical data trend for Control4'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.

Control4 Accounts Receivable Chart

Control4 Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 20.16 21.32 24.73 29.93 33.02

Control4 Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 26.75 29.81 34.16 33.02 30.32

Control4 Accounts Receivable Calculation

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


Control4 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.

Control4's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=30.316/60.425*91
=45.78

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Control4's accounts receivable are only considered to be worth 75% of book value:

Control4's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2019 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)
=(68.617+0.75 * 30.316+0.5 * 45.867-53.508
-0-0)/26.6555
=2.28

* 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.


Control4 Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Control4's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Control4 (Control4) Business Description

Traded in Other Exchanges
N/A
Address
11734 South Election Road, Salt Lake City, UT, USA, 84020
Control4 Corp provides solutions and products for the home improvement market. Its products comprise entertainment, smart lighting, comfort and convenience, safety and security and networking. The firm also offers products such as controllers, in-wall touch screens, amplifiers, switches, dimmers, speaker points, locks and receivers.
Executives
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Mark Edwin Jensen director 6303 SNOWBERRY LANE, NIWOT CO 80503
Jeremy A Jaech director PO BOX 485, MANSON WA 98831
Martin Plaehn director, officer: Chairman, CEO and President P.O. BOX 91123, SEATTLE WA 98111-9223
Michael N Schuh other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Charles Moldow other: Former 10% Owner C/O FOUNDATION CAPITAL, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Management Co. Vi, Llc other: Former 10% Owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Vi Principals Fund, Llc other: Former 10% Owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Vi Lp other: Former 10% Owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Warren M Weiss other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Paul R Holland other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Paul G Koontz other: Former 10% Owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
William B Elmore other: Former 10% Owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD STE 103, MENLO PARK CA 94025
Steven Vassallo other: Former 10% Owner and Director C/O FOUNDATION CAPITAL, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Christopher B Paisley director 14870 THREE OAKS COURT, SARATOGA CA 95070

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