ASCC (Aristocrat Group) Accounts Receivable: $0.03 Mil (As of Apr. 2016)

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What is Aristocrat Group Accounts Receivable?

Aristocrat Group ASCC Accounts Receivable is $0.03 Mil as of Apr. 2016.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aristocrat Group's accounts receivables for the quarter that ended in Apr. 2016 was $0.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aristocrat Group's Days Sales Outstanding for the quarter that ended in Apr. 2016 was 97.54.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aristocrat Group's Net-Net Working Capital per share for the quarter that ended in Apr. 2016 was $-0.43.

Aristocrat 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.

Aristocrat Group's Days Sales Outstanding for the quarter that ended in Apr. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.031/0.029*91
=97.54

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

Aristocrat Group's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2016 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)
=(0.003+0.75 * 0.031+0.5 * 0.009-1.647
-0.001-0)/3.769
=-0.43

* 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.

Aristocrat Group Accounts Receivable Related Terms

Aristocrat Group Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Aristocrat 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.

Aristocrat Group Accounts Receivable Chart

Aristocrat Group Annual Data
Trend Jul12 Jul13 Jul14 Jul15
Accounts Receivable
0.00 0.00 0.01 0.01

Aristocrat Group Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
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 0.01 0.01 0.00 0.01 0.03

Aristocrat Group 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 $0.03 Mil mean?
Aristocrat Group (ASCC) has a Accounts Receivable of $0.03 Mil as of Apr. 2016. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Aristocrat Group and its competitors.
Is Aristocrat Group's Accounts Receivable too high?
Aristocrat Group's current Accounts Receivable is $0.03 Mil.
How does Aristocrat Group's Accounts Receivable compare to CMHZ and THST?
Aristocrat Group's Accounts Receivable of $0.03 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Accounts Receivable depends on the Beverages - Alcoholic 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 Aristocrat Group and its competitors. Aristocrat Group's current Accounts Receivable is $0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aristocrat Group stock overvalued right now?
Aristocrat Group (ASCC) has a current Accounts Receivable of $0.03 Mil. The current Accounts Receivable is $0.03 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 Aristocrat Group (ASCC), the current Accounts Receivable is $0.03 Mil as of Apr. 2016. 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.

Aristocrat Group Business Description

Address 4701 Pine Circle Drive, Bellaire, TX, USA, 77401
Aristocrat Group Corp is a United States based company engaged in the distilled spirits industry. It is engaged in the business of brand management and development in the beverage and lifestyle space, with a focus on alcoholic beverage brands in the U.S. The company's principal beverage products-Merica Beer and RWB Vodka, which are manufactured and packaged through third-party partners. Its core operations encompass licensing agreements (manufacture, marketing and distribution), brand development and visual identity, retail and e-commerce distribution, and product innovation/portfolio expansion.