BZIC (Beamz Interactive) Accounts Receivable: $0.02 Mil (As of Dec. 2014)

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What is Beamz Interactive Accounts Receivable?

Beamz Interactive BZIC -99.00% Accounts Receivable is $0.02 Mil as of Dec. 2014.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Beamz Interactive's accounts receivables for the quarter that ended in Dec. 2014 was $0.02 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Beamz Interactive's Days Sales Outstanding for the quarter that ended in Dec. 2014 was 23.66.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Beamz Interactive's Net-Net Working Capital per share for the quarter that ended in Dec. 2014 was $-0.08.

Beamz Interactive 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.

Beamz Interactive's Days Sales Outstanding for the quarter that ended in Dec. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.022675/0.087469*91
=23.66

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

Beamz Interactive's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2014 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)
=(0.083133+0.75 * 0.022675+0.5 * 0.328395-5.902425
-0.000796-0)/67.303508
=-0.08

* 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.

Beamz Interactive Accounts Receivable Related Terms

Beamz Interactive Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Beamz Interactive'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.

Beamz Interactive Accounts Receivable Chart

Beamz Interactive Annual Data
Trend Jun12 Jun13 Jun14
Accounts Receivable
0.01 - 0.04

Beamz Interactive Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.01 0.04 0.02 0.02

Beamz Interactive 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 $0.02 Mil mean?
Beamz Interactive (BZIC) has a Accounts Receivable of $0.02 Mil as of Dec. 2014. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Beamz Interactive and its competitors.
Is Beamz Interactive's Accounts Receivable too high?
Beamz Interactive's current Accounts Receivable is $0.02 Mil.
How does Beamz Interactive's Accounts Receivable compare to LOGG and ANDR?
Beamz Interactive's Accounts Receivable of $0.02 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 Beamz Interactive and its competitors. Beamz Interactive's current Accounts Receivable is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beamz Interactive stock overvalued right now?
Beamz Interactive (BZIC) has a current Accounts Receivable of $0.02 Mil. The current Accounts Receivable is $0.02 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 Beamz Interactive (BZIC), the current Accounts Receivable is $0.02 Mil as of Dec. 2014. 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.

Beamz Interactive Business Description

Address 15354 North 83rd Way, Suite 101, Scottsdale, AZ, USA, 85260
Beamz Interactive Inc is a United States based company engaged in the development and marketing of interactive music and laser controller products in a wide variety of music, game education, therapy, lighting, and consumer applications throughout the world. The company's technology portfolio includes multiple patents, patents pending and trade secrets covering interactive music, software, laser-based controllers, gaming applications and related designs and devices.