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DAAT (DAC Technologies Group International) Accounts Receivable : $0.61 Mil (As of Sep. 2010)


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What is DAC Technologies Group International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DAC Technologies Group International's accounts receivables for the quarter that ended in Sep. 2010 was $0.61 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DAC Technologies Group International's Days Sales Outstanding for the quarter that ended in Sep. 2010 was 20.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DAC Technologies Group International's Net-Net Working Capital per share for the quarter that ended in Sep. 2010 was $0.22.


DAC Technologies Group International Accounts Receivable Historical Data

The historical data trend for DAC Technologies Group International'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.

DAC Technologies Group International Accounts Receivable Chart

DAC Technologies Group International Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.53 0.26 0.50 0.93

DAC Technologies Group International Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 0.68 0.93 0.56 0.65 0.61

DAC Technologies Group International Accounts Receivable Calculation

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


DAC Technologies Group International 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.

DAC Technologies Group International's Days Sales Outstanding for the quarter that ended in Sep. 2010 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.605/2.643*91
=20.89

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

DAC Technologies Group International's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2010 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)
=(0.162+0.75 * 0.605+0.5 * 4.595-1.625
-0-0)/5.76577
=0.22

* 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.


DAC Technologies Group International Accounts Receivable Related Terms

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DAC Technologies Group International Business Description

Traded in Other Exchanges
N/A
Address
100 Gamble Road, Suite One, Little Rock, AR, USA, 72211
DAC Technologies Group International Inc is a manufacturer and supplier of gun cleaning kits, gunsmithing tools and accessories, and wide assortment of gun locks.
Executives
Praetorian Capital Management Llc 10 percent owner 3271 RIVIERA DRIVE, CORAL GABLES FL 33134

DAC Technologies Group International Headlines

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