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Alpha Technologies Group (Alpha Technologies Group) Accounts Receivable : $6.95 Mil (As of Jul. 2004)


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What is Alpha Technologies Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Alpha Technologies Group's accounts receivables for the quarter that ended in Jul. 2004 was $6.95 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Alpha Technologies Group's Days Sales Outstanding for the quarter that ended in Jul. 2004 was 43.58.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Alpha Technologies Group's Net-Net Working Capital per share for the quarter that ended in Jul. 2004 was $-2.48.


Alpha Technologies Group Accounts Receivable Historical Data

The historical data trend for Alpha Technologies 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.

Alpha Technologies Group Accounts Receivable Chart

Alpha Technologies Group Annual Data
Trend Oct94 Oct95 Oct96 Oct97 Oct98 Oct99 Oct00 Oct01 Oct02 Oct03
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.48 10.08 9.32 7.20 5.75

Alpha Technologies Group Quarterly Data
Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04
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 6.05 5.75 6.32 7.60 6.95

Alpha Technologies Group Accounts Receivable Calculation

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


Alpha Technologies 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.

Alpha Technologies Group's Days Sales Outstanding for the quarter that ended in Jul. 2004 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6.948/14.548*91
=43.58

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

Alpha Technologies Group's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2004 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)
=(0.775+0.75 * 6.948+0.5 * 6.554-26.876
-0-0)/7.11034
=-2.48

* 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.


Alpha Technologies Group Accounts Receivable Related Terms

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Alpha Technologies Group (Alpha Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
11990 San Vicente Blvd., Suite 350, Los Angeles, CA, USA, 90049
Alpha Technologies Group Inc designs and produces thermal-management products, which dissipate unwanted heat from electronic components.
Executives
Donald K Grierson director 8423 MIDNIGHT PASS ROAD, SARASOTA FL 34242

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