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Oak Ridge Financial Services (Oak Ridge Financial Services) Accounts Receivable : $1.39 Mil (As of Jun. 2013)


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What is Oak Ridge Financial Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oak Ridge Financial Services's accounts receivables for the quarter that ended in Jun. 2013 was $1.39 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oak Ridge Financial Services's Days Sales Outstanding for the quarter that ended in Jun. 2013 was 31.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oak Ridge Financial Services's Net-Net Working Capital per share for the quarter that ended in Jun. 2013 was $-153.47.


Oak Ridge Financial Services Accounts Receivable Historical Data

The historical data trend for Oak Ridge Financial 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.

* Premium members only.

Oak Ridge Financial Services Accounts Receivable Chart

Oak Ridge Financial Services Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.39 1.48 1.55 1.51

Oak Ridge Financial Services Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 1.40 1.54 1.51 1.25 1.39

Oak Ridge Financial Services Accounts Receivable Calculation

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


Oak Ridge Financial 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.

Oak Ridge Financial Services's Days Sales Outstanding for the quarter that ended in Jun. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.388/4.03*91
=31.43

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

Oak Ridge Financial Services's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2013 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)
=(20.58+0.75 * 1.388+0.5 * 0-319.802
-7.529-0)/1.99204
=-153.47

* 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.


Oak Ridge Financial Services Accounts Receivable Related Terms

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Oak Ridge Financial Services (Oak Ridge Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
8050 Fogleman Road, Oak Ridge, MN, USA, 27310
Oak Ridge Financial Services Inc is the holding company. The company is an independent, full-service financial services firm providing private client and investment banking services to individual, institutional and corporate customers.
Executives
Stanley Tennant director 2211 OAK RIDGE ROAD, OAK RIDGE NC 27310