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Aamaxan Transport Group (Aamaxan Transport Group) Accounts Receivable : $4.02 Mil (As of Jun. 2008)


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What is Aamaxan Transport Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aamaxan Transport Group's accounts receivables for the quarter that ended in Jun. 2008 was $4.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aamaxan Transport Group's Days Sales Outstanding for the quarter that ended in Jun. 2008 was 37.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aamaxan Transport Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2008 was $-0.21.


Aamaxan Transport Group Accounts Receivable Historical Data

The historical data trend for Aamaxan Transport Group'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.

Aamaxan Transport Group Accounts Receivable Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Accounts Receivable
- -

Aamaxan Transport Group Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - - - 2.41 4.02

Aamaxan Transport Group Accounts Receivable Calculation

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


Aamaxan Transport Group 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.

Aamaxan Transport Group's Days Sales Outstanding for the quarter that ended in Jun. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.023/9.781*91
=37.53

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

Aamaxan Transport Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2008 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)
=(10.769+0.75 * 4.023+0.5 * 1.826-17.823
-0-0.219)/15.9918
=-0.21

* 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.


Aamaxan Transport Group Accounts Receivable Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Traded in Other Exchanges
N/A
Address
31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Website
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

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