ADSV (Allied Security Innovations) Accounts Receivable: $0.34 Mil (As of Dec. 2017)

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What is Allied Security Innovations Accounts Receivable?

Allied Security Innovations ADSV Accounts Receivable is $0.34 Mil as of Dec. 2017.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Allied Security Innovations's accounts receivables for the quarter that ended in Dec. 2017 was $0.34 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Allied Security Innovations's Days Sales Outstanding for the quarter that ended in Dec. 2017 was 171.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Allied Security Innovations's Net-Net Working Capital per share for the quarter that ended in Dec. 2017 was $-0.06.

Allied Security Innovations 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.

Allied Security Innovations's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.338/0.359*91
=171.82

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

Allied Security Innovations's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2017 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)
=(0.393+0.75 * 0.338+0.5 * 0.07-24.048
-0-0)/411.241
=-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.

Allied Security Innovations Accounts Receivable Related Terms

Allied Security Innovations Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Allied Security Innovations'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.

Allied Security Innovations Accounts Receivable Chart

Allied Security Innovations Annual Data
Trend Dec00 Dec01 Dec02 Dec06 Dec07 Dec08 Dec09 Dec15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.29 0.35 0.36 0.34

Allied Security Innovations Semi-Annual Data
Dec99 Dec00 Dec01 Dec02 Dec06 Dec07 Dec08 Dec09 Dec15 Dec16 Dec17
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.54 0.29 0.35 0.36 0.34

Allied Security Innovations Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.34 Mil mean?
Allied Security Innovations (ADSV) has a Accounts Receivable of $0.34 Mil as of Dec. 2017. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Allied Security Innovations and its competitors.
Is Allied Security Innovations' Accounts Receivable too high?
Allied Security Innovations' current Accounts Receivable is $0.34 Mil.
How does Allied Security Innovations' Accounts Receivable compare to VMII and MGSGF?
Allied Security Innovations' Accounts Receivable of $0.34 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Software company?
A good Accounts Receivable depends on the Software industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Allied Security Innovations and its competitors. Allied Security Innovations's current Accounts Receivable is $0.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Security Innovations stock overvalued right now?
Allied Security Innovations (ADSV) has a current Accounts Receivable of $0.34 Mil. The current Accounts Receivable is $0.34 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Allied Security Innovations (ADSV), the current Accounts Receivable is $0.34 Mil as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Allied Security Innovations Business Description

Address 224 Datura Street, West Palm Beach, FL, USA, 33401
Allied Security Innovations Inc is engaged in developing and implementing software systems for law enforcement agencies and correctional facilities. The product of the company is Compu-Capture.