GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Clone Algo Technologies Inc (OTCPK:CATI) » Definitions » Accounts Receivable

Clone Algo Technologies (Clone Algo Technologies) Accounts Receivable : $0.17 Mil (As of Apr. 2015)


View and export this data going back to 2014. Start your Free Trial

What is Clone Algo Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Clone Algo Technologies's accounts receivables for the quarter that ended in Apr. 2015 was $0.17 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Clone Algo Technologies's Days Sales Outstanding for the quarter that ended in Apr. 2015 was 301.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Clone Algo Technologies's Net-Net Working Capital per share for the quarter that ended in Apr. 2015 was $0.02.


Clone Algo Technologies Accounts Receivable Historical Data

The historical data trend for Clone Algo Technologies'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.

Clone Algo Technologies Accounts Receivable Chart

Clone Algo Technologies Annual Data
Trend Jul13
Accounts Receivable
-

Clone Algo Technologies Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15
Accounts Receivable Get a 7-Day Free Trial - - 0.11 0.15 0.17

Clone Algo Technologies Accounts Receivable Calculation

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


Clone Algo Technologies 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.

Clone Algo Technologies's Days Sales Outstanding for the quarter that ended in Apr. 2015 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.165/0.05*91
=301.13

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

Clone Algo Technologies's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2015 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)
=(2.08+0.75 * 0.165+0.5 * 0-0.455
-0-0)/94.1574
=0.02

* 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.


Clone Algo Technologies Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Clone Algo Technologies's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Clone Algo Technologies (Clone Algo Technologies) Business Description

Traded in Other Exchanges
N/A
Address
10300 West Charleston Boulevard, Suite 13-438, Las Vegas, NV, USA, 89135
Clone Algo Technologies Inc is a shell company.

Clone Algo Technologies (Clone Algo Technologies) Headlines

No Headlines