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Viscount Systems (Viscount Systems) Accounts Receivable : $0.47 Mil (As of Jun. 2016)


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What is Viscount Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Viscount Systems's accounts receivables for the quarter that ended in Jun. 2016 was $0.47 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Viscount Systems's Days Sales Outstanding for the quarter that ended in Jun. 2016 was 53.24.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Viscount Systems's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was $-0.06.


Viscount Systems Accounts Receivable Historical Data

The historical data trend for Viscount Systems'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.

Viscount Systems Accounts Receivable Chart

Viscount Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.62 0.55 0.57 0.41

Viscount Systems Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.77 0.68 0.41 0.41 0.47

Viscount Systems Accounts Receivable Calculation

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


Viscount Systems 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.

Viscount Systems's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.465/0.797*91
=53.24

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

Viscount Systems's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 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)
=(0.033+0.75 * 0.465+0.5 * 0.266-8.303
-0-0)/130.297
=-0.06

* 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.


Viscount Systems Accounts Receivable Related Terms

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Viscount Systems (Viscount Systems) Business Description

Traded in Other Exchanges
N/A
Address
4585 Tillicum Street, Burnaby, BC, CAN, V5J 5K9
Viscount Systems Inc is engaged in designing, manufacturing, and servicing of physical access control and telephone entry products. Its product includes Enterphone Access Control products, Enterphone iQ, MESH and Freedom Access Control Systems, and Freedom. It operates through two segments; The Manufacturing segment designs produces and sells intercom and door access control systems that utilize telecommunications to control access to buildings and other facilities for security purpose. The Servicing segment provides maintenance to these intercom and door access control systems.
Executives
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Geoffrey W Arens director, 10 percent owner C/O DENDERA CAPITAL FUND LP, NEW YORK NY 10017
Ned L Siegel director, other: Chairman of the Board 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
Dennis R Raefield director 4 ORCHARD LN, ALAMO CA 94507

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