CardioGenics Holdings (CardioGenics Holdings) Accounts Receivable : $0.38 Mil (As of Jan. 2016)

CardioGenics Holdings Accounts Receivable Chart

CardioGenics Holdings Annual Data
	Trend	Jul06	Jul07	Jul08	Oct09	Oct10	Oct11	Oct12	Oct13	Oct14	Oct15
Accounts Receivable		Get a 7-Day Free Trial					0.01	-	-	-	-

CardioGenics Holdings Quarterly Data
	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	0.38

CardioGenics Holdings Accounts Receivable Calculation

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

CardioGenics Holdings 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.

CardioGenics Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2016 is calculated as:

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

CardioGenics Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2016 is calculated as:

* 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.

CardioGenics Holdings Accounts Receivable Related Terms

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CardioGenics Holdings (CardioGenics Holdings) Business Description