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Affinity Beverage Group (Affinity Beverage Group) Accounts Receivable : $0.00 Mil (As of Sep. 2006)


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What is Affinity Beverage Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Affinity Beverage Group's accounts receivables for the quarter that ended in Sep. 2006 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Affinity Beverage Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2006 was $-0.58.


Affinity Beverage Group Accounts Receivable Historical Data

The historical data trend for Affinity Beverage 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.

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Affinity Beverage Group Accounts Receivable Chart

Affinity Beverage Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Accounts Receivable
Get a 7-Day Free Trial - - 0.24 0.49 0.16

Affinity Beverage Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 0.16 0.16 0.14 0.14 -

Affinity Beverage Group Accounts Receivable Calculation

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


Affinity Beverage 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.

Affinity Beverage Group's Days Sales Outstanding for the quarter that ended in Sep. 2006 is calculated as:

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

Affinity Beverage Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2006 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+0.75 * 0+0.5 * 0-1.74
-0-0)/3.00286
=-0.58

* 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.


Affinity Beverage Group Accounts Receivable Related Terms

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Affinity Beverage Group (Affinity Beverage Group) Business Description

Traded in Other Exchanges
N/A
Address
2360 Corporate Circle, Suite 400, Henderson, NV, USA, 89074
Affinity Beverage Group Inc is focused on branded consumer product acquisition opportunities in the health and wellness sector. The company primarily targets lifestyle brands, companies, and exclusive brand distribution rights focusing on traditional and non-traditional, healthy beverage options. It will also seek opportunities in young brands specializing in all natural/organic foods, bio-food, supplements and personal care products for strategic partnerships, distribution agreements, and potential acquisition.

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