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Banneker (Banneker) Accounts Receivable : $0.00 Mil (As of Dec. 2000)


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What is Banneker Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Banneker's accounts receivables for the quarter that ended in Dec. 2000 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Banneker's Days Sales Outstanding for the quarter that ended in Dec. 2000 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. Banneker's Net-Net Working Capital per share for the quarter that ended in Dec. 2000 was $-0.00.


Banneker Accounts Receivable Historical Data

The historical data trend for Banneker'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.

Banneker Accounts Receivable Chart

Banneker Annual Data
Trend Mar98
Accounts Receivable
-

Banneker Quarterly Data
Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00
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 - - - - -

Banneker Accounts Receivable Calculation

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


Banneker 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.

Banneker's Days Sales Outstanding for the quarter that ended in Dec. 2000 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/4.502*91
=0.00

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

Banneker's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2000 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)
=(2.395+0.75 * 0+0.5 * 0.381-2.782
-0-0)/42350.569
=-0.00

* 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.


Banneker Accounts Receivable Related Terms

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Banneker (Banneker) Business Description

Traded in Other Exchanges
N/A
Address
1660 South Albion Street, Suite 318, Denver, CO, USA, 80222
Banneker Inc is designing and manufacturing different types of clocks and watches. The company is engaged in watch making and wholesale jewelry company founded on the basis of fashion, elegance, and watch design can all converge together to create a work of art.

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