Bexil (BXLC) Accounts Receivable: $0.11 Mil (As of Dec. 2011)

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BXLC Bexil Corp BXLC
14 GF Score
Price $60.00
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What is Bexil Accounts Receivable?

Bexil BXLC 14 Accounts Receivable is $0.11 Mil as of Dec. 2011. GuruFocus rates BXLC with a GF Score™ of 14/100.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bexil's accounts receivables for the quarter that ended in Dec. 2011 was $0.11 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bexil's Days Sales Outstanding for the quarter that ended in Dec. 2011 was 22.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bexil's Net-Net Working Capital per share for the quarter that ended in Dec. 2011 was $29.07.

Bexil 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.

Bexil's Days Sales Outstanding for the quarter that ended in Dec. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.107/0.862*91
=22.65

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

Bexil's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2011 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)
=(30.855+0.75 * 0.107+0.5 * 0-0.347
-0-0.97)/1.019
=29.07

* 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.

Bexil Accounts Receivable Related Terms

Bexil Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Bexil'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.

Bexil Accounts Receivable Chart

Bexil Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.11

Bexil Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Accounts Receivable Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.11
BXLC
14GF Score
Bexil Corp BXLC
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Bexil 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 $0.11 Mil mean?
Bexil (BXLC) has a Accounts Receivable of $0.11 Mil as of Dec. 2011. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Bexil and its competitors.
Is Bexil's Accounts Receivable too high?
Bexil's current Accounts Receivable is $0.11 Mil. Overall, Bexil has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Bexil's Accounts Receivable compare to RAND and BMNM?
Bexil's Accounts Receivable of $0.11 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Accounts Receivable depends on the Asset Management 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 Bexil and its competitors. Bexil's current Accounts Receivable is $0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bexil stock overvalued right now?
Bexil (BXLC) has a current Accounts Receivable of $0.11 Mil. The current Accounts Receivable is $0.11 Mil. Bexil's overall GF Score™ is 14/100. 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 Bexil (BXLC), the current Accounts Receivable is $0.11 Mil as of Dec. 2011. 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.

Bexil Business Description

Address P.O. Box 4, Walpole, NH, USA, 03608
Bexil Corp is engaged in investment management with an objective to increase book value per share over time for the benefit of its stockholders. The company is engaged through a wholly owned subsidiary in investment management.
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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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