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Canal Capital (Canal Capital) Accounts Receivable : $0.13 Mil (As of Jul. 2012)


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What is Canal Capital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Canal Capital's accounts receivables for the quarter that ended in Jul. 2012 was $0.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Canal Capital's Days Sales Outstanding for the quarter that ended in Jul. 2012 was 13.52.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Canal Capital's Net-Net Working Capital per share for the quarter that ended in Jul. 2012 was $-0.29.


Canal Capital Accounts Receivable Historical Data

The historical data trend for Canal Capital'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.

Canal Capital Accounts Receivable Chart

Canal Capital Annual Data
Trend Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.15 0.11 0.16 0.12

Canal Capital Quarterly Data
Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12
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 Premium Member Only Premium Member Only Premium Member Only 0.07 0.12 0.07 0.22 0.13

Canal Capital Accounts Receivable Calculation

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


Canal Capital 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.

Canal Capital's Days Sales Outstanding for the quarter that ended in Jul. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.131/0.884*91
=13.52

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

Canal Capital's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2012 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)
=(0.195+0.75 * 0.131+0.5 * 0.002-1.438
-0.091-0)/4.32693
=-0.29

* 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.


Canal Capital Accounts Receivable Related Terms

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Canal Capital (Canal Capital) Business Description

Traded in Other Exchanges
N/A
Address
4 Morris Street, Port Jefferson Station, New York, NY, USA, 11776
Website
Canal Capital Corp is engaged in stockyard operations and real estate business. It develops and restructures real estate lots surrounding its existing operating lease properties, stockyard operating properties & properties held for development or resale.
Executives
Asher B Edelman other: Member of 10% Group C/O PERINI CORP, 73 MT WAYTE AVE, FRAMINGHAM MA 01701

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