CUSI (Cuisine Solutions) Accounts Receivable: $8.31 Mil (As of Mar. 2009)

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What is Cuisine Solutions Accounts Receivable?

Cuisine Solutions CUSI +2.50% Accounts Receivable is $8.31 Mil as of Mar. 2009.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Cuisine Solutions's accounts receivables for the quarter that ended in Mar. 2009 was $8.31 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Cuisine Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2009 was 35.39.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Cuisine Solutions's Net-Net Working Capital per share for the quarter that ended in Mar. 2009 was $-0.17.

Cuisine Solutions 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.

Cuisine Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2009 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.305/21.415*91
=35.39

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

Cuisine Solutions's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2009 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)
=(0.825+0.75 * 8.305+0.5 * 9.855-14.922
-0-0.066)/17.559
=-0.17

* 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.

Cuisine Solutions Accounts Receivable Related Terms

Cuisine Solutions Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Cuisine Solutions'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.

Cuisine Solutions Accounts Receivable Chart

Cuisine Solutions Annual Data
Trend Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 3.76 5.39 5.92 8.26

Cuisine Solutions Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 8.16 8.26 7.35 8.05 8.31

Cuisine Solutions 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 $8.31 Mil mean?
Cuisine Solutions (CUSI) has a Accounts Receivable of $8.31 Mil as of Mar. 2009. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Cuisine Solutions and its competitors.
Is Cuisine Solutions' Accounts Receivable too high?
Cuisine Solutions' current Accounts Receivable is $8.31 Mil.
How does Cuisine Solutions' Accounts Receivable compare to competitors?
Cuisine Solutions' Accounts Receivable of $8.31 Mil can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Accounts Receivable depends on the Consumer Packaged Goods 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 Cuisine Solutions and its competitors. Cuisine Solutions's current Accounts Receivable is $8.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cuisine Solutions stock overvalued right now?
Cuisine Solutions (CUSI) has a current Accounts Receivable of $8.31 Mil. The current Accounts Receivable is $8.31 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 Cuisine Solutions (CUSI), the current Accounts Receivable is $8.31 Mil as of Mar. 2009. 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.

Cuisine Solutions Business Description

Address 22445 Sous Vide Lane, Unit 100, Sterling, VA, USA, 20166
Cuisine Solutions Inc is a United States-based company engaged in the business of production and marketing of fully-cooked, frozen and prepared foods to different channels and geographic regions. The company's food product portfolio includes poultry, sauces, seafood, lamb, pork, veal, beef and other items.