ATLT (Atlas Technology International) Accounts Receivable: $3.46 Mil (As of Sep. 2017)

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What is Atlas Technology International Accounts Receivable?

Atlas Technology International ATLT Accounts Receivable is $3.46 Mil as of Sep. 2017.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Atlas Technology International's accounts receivables for the quarter that ended in Sep. 2017 was $3.46 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Atlas Technology International's Days Sales Outstanding for the quarter that ended in Sep. 2017 was 142.28.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Atlas Technology International's Net-Net Working Capital per share for the quarter that ended in Sep. 2017 was $-0.20.

Atlas Technology International 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.

Atlas Technology International's Days Sales Outstanding for the quarter that ended in Sep. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.46/2.219*91
=142.28

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

Atlas Technology International's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.008+0.75 * 3.46+0.5 * 0-13.735
-0-0)/56.120
=-0.20

* 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.

Atlas Technology International Accounts Receivable Related Terms

Atlas Technology International Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Atlas Technology International'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.

Atlas Technology International Accounts Receivable Chart

Atlas Technology International Annual Data
Trend Jul14 Jul15 Jun16 Jun17
Accounts Receivable
0.00 0.00 0.00 2.52

Atlas Technology International Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.24 0.98 1.68 2.52 3.46

Atlas Technology International 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 $3.46 Mil mean?
Atlas Technology International (ATLT) has a Accounts Receivable of $3.46 Mil as of Sep. 2017. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Atlas Technology International and its competitors.
Is Atlas Technology International's Accounts Receivable too high?
Atlas Technology International's current Accounts Receivable is $3.46 Mil.
How does Atlas Technology International's Accounts Receivable compare to MFCO and TNLX?
Atlas Technology International's Accounts Receivable of $3.46 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Accounts Receivable depends on the Hardware 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 Atlas Technology International and its competitors. Atlas Technology International's current Accounts Receivable is $3.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Technology International stock overvalued right now?
Atlas Technology International (ATLT) has a current Accounts Receivable of $3.46 Mil. The current Accounts Receivable is $3.46 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 Atlas Technology International (ATLT), the current Accounts Receivable is $3.46 Mil as of Sep. 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.

Atlas Technology International Business Description

Address 15260 Ventura Boulevard, Suite 1010, Sherman Oaks, Los Angeles, CA, USA, 91430
Atlas Technology International Inc is a designer, manufacturer and distributor of touchscreen devices to consumer electronic producers. It manufactures products in a wide array of industries such as GPS, watches, point-of-sale (POS), hospitality, medical/healthcare IT, industrial, and consumer. The company produces complete touchscreen displays and display enhancements in North America and provides in-flight entertainment (IFE) touchscreen solutions to the commercial aerospace industry.