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AOREF (American Overseas Group) Accounts Receivable : $0.00 Mil (As of Jun. 2009)


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What is American Overseas Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. American Overseas Group's accounts receivables for the quarter that ended in Jun. 2009 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. American Overseas Group's Days Sales Outstanding for the quarter that ended in Jun. 2009 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. American Overseas Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2009 was $-16,351.31.


American Overseas Group Accounts Receivable Historical Data

The historical data trend for American Overseas 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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American Overseas Group Accounts Receivable Chart

American Overseas Group Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Accounts Receivable
Get a 7-Day Free Trial - 1.99 3.46 3.65 1.12

American Overseas Group Quarterly Data
Dec03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 2.27 0.97 1.12 4.00 -

American Overseas Group Accounts Receivable Calculation

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


American Overseas 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.

American Overseas Group's Days Sales Outstanding for the quarter that ended in Jun. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/8.22*91
=0.00

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

American Overseas Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2009 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)
=(2.639+0.75 * 0+0.5 * 0-425.382
-0-8.114)/0.02635
=-16,351.31

* 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.


American Overseas Group Accounts Receivable Related Terms

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American Overseas Group Business Description

Traded in Other Exchanges
N/A
Address
Cumberland House 6th Floor 1 Victoria Street, Hamilton, BMU, HM 11
American Overseas Group Ltd is a Barbados-based insurance and reinsurance group with tax residency in the United Kingdom. The company's core business has transitioned from financial guaranty reinsurance, mostly of public finance and structured finance debt obligations, to writing nonstandard auto insurance through its Texas-based subsidiary.
Executives
Edward U Gilpin officer: Chief Financial Officer 134 HOMMELVILLE ROAD, SAUGERTIES NY 12477
Bradley M Shuster director 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Joseph M Donovan director 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
David L Boyle director C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Allan S Bufferd director
Cummings Robert F Jr 10 percent owner C/O MOORE CORP, ONE CANTARBURG GREET, STAMFORD CT 006901
Joseph H Wender 10 percent owner 2855 GAZELLE COURT, CARLSBAD CA 92010
Robert Hamwee 10 percent owner C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
Eckert Alfred C Iii 10 percent owner 12 EAST 49TH STREET SUITE 3200 NEW YORK NY 10017
Richard M Hayden 10 percent owner
Transatlantic Holdings Inc 10 percent owner 80 PINE STREET NEW YORK NY 10005
Kyle Waldhauer 10 percent owner 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Thomas V Inglesby 10 percent owner 535 MADISON AVENUE, NEW YORK NY 10022