USD 8.44 Mil (SCMR). Sycamore Networks Accounts Receivable description, competitive comparison data, historical data and more." />Sycamore Networks Accounts Receivable (SCMR)
Switch to:
Sycamore Networks Inc  (OTCPK:SCMR) Accounts Receivable: USD 8.44 Mil (As of Jan. 2013)

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sycamore Networks Inc's accounts receivables for the quarter that ended in Jan. 2013 was USD 8.44 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sycamore Networks Inc's Days Sales Outstanding for the quarter that ended in Jan. 2013 was 81.33.

In Ben Graham's calculation of liquidation value, accounts receivable are only considered to be worth 75% of book value. Sycamore Networks Inc's Net-Net Working Capital for the quarter that ended in Jan. 2013 was USD 58.86 Mil.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Sycamore Networks Inc Annual Data

Jul03 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
Accounts Receivable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.78 12.86 14.17 8.76 7.79

Sycamore Networks Inc Quarterly Data

Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13
Accounts Receivable 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 Premium Member Only Premium Member Only Premium Member Only 12.27 6.39 7.79 5.72 8.44

Calculation

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


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.

Sycamore Networks Inc's Days Sales Outstanding for the quarter that ended in Jan. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.44/9.47*91
=81.33

2. In Ben Graham's calculation of liquidation value, Sycamore Networks Inc's accounts receivable are only considered to be worth 75% of book value:

Sycamore Networks Inc's liquidation value for the quarter that ended in Jan. 2013 is calculated as:

Liquidation value
=Cash And Cash Equivalents-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=64.484-16.538+0.75 * 8.44+0.5 * 9.162
=58.86

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK