Metal Storm (Metal Storm) Accounts Receivable : $0.00 Mil (As of Dec. 2011)

View and export this data going back to . Start your Free Trial

What is Metal Storm Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Metal Storm's accounts receivables for the quarter that ended in Dec. 2011 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Metal Storm's Days Sales Outstanding for the quarter that ended in Dec. 2011 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Metal Storm's Net-Net Working Capital per share for the quarter that ended in Dec. 2011 was $-0.15.

Metal Storm Accounts Receivable Historical Data

The historical data trend for Metal Storm'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.

Metal Storm Accounts Receivable Chart

Metal Storm Annual Data

Trend

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Accounts Receivable

Get a 7-Day Free Trial

0.75

Metal Storm Semi-Annual Data
	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11
Accounts Receivable	Get a 7-Day Free Trial							-	0.75	-	-	-

Metal Storm Accounts Receivable Calculation

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

Metal Storm 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.

Metal Storm's Days Sales Outstanding for the quarter that ended in Dec. 2011 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	1.334	*	91
=	0.00

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

Metal Storm's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2011 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)
=	(0.487	+	0.75 * 0	+	0.5 * 0	-	21.328
-	0	-	0)	/	139.124
=	-0.15

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.

Metal Storm Accounts Receivable Related Terms

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

Metal Storm (Metal Storm) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Metal Storm Ltd (OTCPK:MTSXY) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.metalstorm.com

Metal Storm Ltd is incorporated under the laws of Australia on April 13, 1994. The company is a defence technology company engaged in the development of electronically initiated ballistics systems using its stacked round technology. Its technology is an electronically initiated, stacked projectile system which removes the mechanical steps required to fire a conventional weapon. Effectively, the only parts that move in Metal Storm's technology are the projectiles contained within the barrels. Multiple projectiles are stacked in a barrel, each separated by a propellant load. Its products include 3GL - 3 shot grenade launcher, FireStorm, MAUL, Redback, Munitions and Component weapon systems. The company also provides Research and Development as well as Consulting and Integration Services.

Metal Storm (Metal Storm) Headlines

No Headlines