CSSV (Caspian Services) Accounts Receivable: $5.22 Mil (As of Jun. 2016)

What is Caspian Services Accounts Receivable?

Caspian Services CSSV Accounts Receivable is $5.22 Mil as of Jun. 2016.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Caspian Services's accounts receivables for the quarter that ended in Jun. 2016 was $5.22 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Caspian Services's Days Sales Outstanding for the quarter that ended in Jun. 2016 was 95.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Caspian Services's Net-Net Working Capital per share for the quarter that ended in Jun. 2016 was $-1.74.

Caspian Services 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.

Caspian Services's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.22	/	5.011	*	91
=	95.06

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

Caspian Services's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2016 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)
=	(1.229	+	0.75 * 5.22	+	0.5 * 0.721	-	117.034
-	0	-	-19.807)	/	52.658
=	-1.74

* 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.

Caspian Services Accounts Receivable Related Terms

Caspian Services Accounts Receivable Historical Data

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The historical data trend for Caspian Services's Accounts Receivable can be seen below:

Caspian Services Accounts Receivable Chart

Caspian Services Annual Data

Trend

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Accounts Receivable

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16.57

7.12

11.08

10.46

5.48

Caspian Services Quarterly Data
	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16
Accounts Receivable	Get a 7-Day Free Trial															6.62	5.48	4.67	3.29	5.22

Caspian Services 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 $5.22 Mil mean?

Caspian Services (CSSV) has a Accounts Receivable of $5.22 Mil as of Jun. 2016. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Caspian Services and its competitors.

Is Caspian Services' Accounts Receivable too high?

Caspian Services' current Accounts Receivable is $5.22 Mil.

How does Caspian Services' Accounts Receivable compare to GLRI and TIRTZ?

Caspian Services' Accounts Receivable of $5.22 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good Accounts Receivable depends on the Oil & Gas 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 Caspian Services and its competitors. Caspian Services's current Accounts Receivable is $5.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Caspian Services stock overvalued right now?

Caspian Services (CSSV) has a current Accounts Receivable of $5.22 Mil. The current Accounts Receivable is $5.22 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 Caspian Services (CSSV), the current Accounts Receivable is $5.22 Mil as of Jun. 2016. 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.

Caspian Services Business Description

Industry Energy Oil & Gas

Comparable Companies BOM:531279 GLRI TSXV:IES WAR:BCI TIRTZ GLFH OSL:SBX TSXV:DAL TSXV:NWE TSXV:SEW FOSI BSE:UZT BOM:526614 LSE:IGSS TSX:HE XCNQ:RGT TSXV:HTC TSXV:DVT TSXV:TRB GLFMQ

Address 2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109

Website http://www.caspianservicesinc.com

Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.