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Asia Carbon Industries (Asia Carbon Industries) Accounts Receivable : $2.48 Mil (As of Jun. 2013)


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What is Asia Carbon Industries Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Asia Carbon Industries's accounts receivables for the quarter that ended in Jun. 2013 was $2.48 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Asia Carbon Industries's Days Sales Outstanding for the quarter that ended in Jun. 2013 was 41.23.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Asia Carbon Industries's Net-Net Working Capital per share for the quarter that ended in Jun. 2013 was $0.09.


Asia Carbon Industries Accounts Receivable Historical Data

The historical data trend for Asia Carbon Industries'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.

Asia Carbon Industries Accounts Receivable Chart

Asia Carbon Industries Annual Data
Trend Dec09 Dec10 Dec11 Dec12
Accounts Receivable
2.93 6.04 4.40 3.62

Asia Carbon Industries Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 5.34 5.58 3.62 2.70 2.48

Asia Carbon Industries Accounts Receivable Calculation

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


Asia Carbon Industries 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.

Asia Carbon Industries's Days Sales Outstanding for the quarter that ended in Jun. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.479/5.487*91
=41.23

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

Asia Carbon Industries's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2013 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)
=(5.318+0.75 * 2.479+0.5 * 1.711-3.187
-0-0)/56.0569
=0.09

* 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.


Asia Carbon Industries Accounts Receivable Related Terms

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Asia Carbon Industries (Asia Carbon Industries) Business Description

Traded in Other Exchanges
N/A
Address
Xi Gu Nan Street, Qing Xu County Taiyuan, Shanxi Province, Taiyuan City, CHN, 030407
Asia Carbon Industries Inc is a United States based company, through its subsidiary, manufactures carbon black products under the Great Double Star brand and other by-products. The company manufactures one soft and two hard carbon black products, called N660, N330, and N220, respectively.

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