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Citadel EFT (Citadel EFT) Accounts Receivable : $0.04 Mil (As of Dec. 2013)


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What is Citadel EFT Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Citadel EFT's accounts receivables for the quarter that ended in Dec. 2013 was $0.04 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Citadel EFT's Days Sales Outstanding for the quarter that ended in Dec. 2013 was 33.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Citadel EFT's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was $-0.00.


Citadel EFT Accounts Receivable Historical Data

The historical data trend for Citadel EFT'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.

Citadel EFT Accounts Receivable Chart

Citadel EFT Annual Data
Trend Sep10 Sep11 Sep12 Sep13
Accounts Receivable
0.03 0.04 0.03 0.04

Citadel EFT Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 0.04 0.04 0.03 0.04 0.04

Citadel EFT Accounts Receivable Calculation

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


Citadel EFT 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.

Citadel EFT's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.037/0.101*91
=33.43

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

Citadel EFT's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=(0.02+0.75 * 0.037+0.5 * 0-0.183
-0-0)/42.7839
=-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.


Citadel EFT Accounts Receivable Related Terms

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Citadel EFT (Citadel EFT) Business Description

Traded in Other Exchanges
N/A
Address
825 College Boulevard, Suite 102-328, Oceanside, CA, USA, 92057
Citadel EFT Inc provides credit card terminals and merchant account services to retailers. It's business is the processing of credit card payments ("Merchant Services").

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