GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Storage Computer Corp (GREY:SOSO) » Definitions » Accounts Receivable

Storage Computer (Storage Computer) Accounts Receivable : $0.00 Mil (As of Sep. 2004)


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

What is Storage Computer Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Storage Computer's accounts receivables for the quarter that ended in Sep. 2004 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Storage Computer's Days Sales Outstanding for the quarter that ended in Sep. 2004 was 1.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Storage Computer's Net-Net Working Capital per share for the quarter that ended in Sep. 2004 was $-0.11.


Storage Computer Accounts Receivable Historical Data

The historical data trend for Storage Computer'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.

Storage Computer Accounts Receivable Chart

Storage Computer Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.85 1.64 0.19 0.14

Storage Computer Quarterly Data
Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04
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 0.08 0.14 0.06 0.01 -

Storage Computer Accounts Receivable Calculation

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


Storage Computer 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.

Storage Computer's Days Sales Outstanding for the quarter that ended in Sep. 2004 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.001/0.086*91
=1.06

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

Storage Computer's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2004 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)
=(0.01+0.75 * 0.001+0.5 * 1.053-4.615
-0.1-0)/38.9222
=-0.11

* 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.


Storage Computer Accounts Receivable Related Terms

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


Storage Computer (Storage Computer) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
11 Riverside Drive, Nashua, NH, USA, 03062-1373
Storage Computer Corp designs and manufactures disk-storage subsystems and solid-state disks for enterprise-wide computer storage systems.

Storage Computer (Storage Computer) Headlines

No Headlines