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Orbit International (Orbit International) Accounts Receivable : $2.65 Mil (As of Jun. 2017)


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What is Orbit International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Orbit International's accounts receivables for the quarter that ended in Jun. 2017 was $2.65 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Orbit International's Days Sales Outstanding for the quarter that ended in Jun. 2017 was 47.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Orbit International's Net-Net Working Capital per share for the quarter that ended in Jun. 2017 was $1.85.


Orbit International Accounts Receivable Historical Data

The historical data trend for Orbit International'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.

Orbit International Accounts Receivable Chart

Orbit International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.37 2.98 1.89 3.26 2.78

Orbit International Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun17
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 2.90 3.36 3.08 2.78 2.65

Orbit International Accounts Receivable Calculation

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


Orbit International 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.

Orbit International's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.651/5.043*91
=47.97

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

Orbit International's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2017 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)
=(2.564+0.75 * 2.651+0.5 * 9.954-1.779
-0-0)/4.187
=1.85

* 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.


Orbit International Accounts Receivable Related Terms

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Orbit International (Orbit International) Business Description

Traded in Other Exchanges
N/A
Address
80 Cabot Court, Hauppauge, NY, USA, 11788
Orbit International Corp is a U.S based company engaged in offering mission-critical hardware, software, and integrated systems. It operates through two segments: the Electronics Group and the Power Group. The company designs and manufactures subsystems and components for contractors, government procurement agencies (both foreign and domestic), and research and development laboratories across the world.
Executives
Robert Mitzman director 3725 SW 30TH AVENUE, FORT LAUDERDALE FL 33312
Arthur Rhein director