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Allegiant Professional Business Services (Allegiant Professional Business Services) Accounts Receivable : $0.17 Mil (As of Dec. 2008)


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What is Allegiant Professional Business Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Allegiant Professional Business Services's accounts receivables for the quarter that ended in Dec. 2008 was $0.17 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Allegiant Professional Business Services's Days Sales Outstanding for the quarter that ended in Dec. 2008 was 12.95.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Allegiant Professional Business Services's Net-Net Working Capital per share for the quarter that ended in Dec. 2008 was $-0.09.


Allegiant Professional Business Services Accounts Receivable Historical Data

The historical data trend for Allegiant Professional Business Services'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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Allegiant Professional Business Services Accounts Receivable Chart

Allegiant Professional Business Services Annual Data
Trend Sep05 Sep06 Sep07 Sep08
Accounts Receivable
- - - 0.32

Allegiant Professional Business Services Quarterly Data
Sep05 Dec05 Mar06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.01 0.32 0.17

Allegiant Professional Business Services Accounts Receivable Calculation

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


Allegiant Professional Business Services 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.

Allegiant Professional Business Services's Days Sales Outstanding for the quarter that ended in Dec. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.165/1.163*91
=12.95

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

Allegiant Professional Business Services's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2008 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)
=(0.035+0.75 * 0.165+0.5 * 0-7.902
-0-0)/85.9219
=-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.


Allegiant Professional Business Services Accounts Receivable Related Terms

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Allegiant Professional Business Services (Allegiant Professional Business Services) Business Description

Traded in Other Exchanges
N/A
Address
11838 Bernardo Plaza Ct., Suite 240, San Diego, CA, USA, 92128
Allegiant Professional Business Services Inc is a comprehensive employer business solutions provider like payroll processing, tax administration, workers' compensation insurance, human resources, and employee benefits.
Executives
James M Cassidy 10 percent owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662

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