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DATATRAK International (DATATRAK International) Accounts Receivable : $0.70 Mil (As of Jun. 2018)


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What is DATATRAK International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. DATATRAK International's accounts receivables for the quarter that ended in Jun. 2018 was $0.70 Mil.

Accounts receivable can be measured by Days Sales Outstanding. DATATRAK International's Days Sales Outstanding for the quarter that ended in Jun. 2018 was 33.17.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. DATATRAK International's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $-0.94.


DATATRAK International Accounts Receivable Historical Data

The historical data trend for DATATRAK 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.

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DATATRAK International Accounts Receivable Chart

DATATRAK International Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec12 Dec13 Dec14
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.93 - 1.09 1.18

DATATRAK International Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Dec12 Dec13 Sep14 Dec14 Sep15 Mar17 Jun17 Mar18 Jun18
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 1.28 - - 0.70 0.70

DATATRAK International Accounts Receivable Calculation

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


DATATRAK 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.

DATATRAK International's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.702/1.931*91
=33.17

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

DATATRAK International's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 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)
=(2.012+0.75 * 0.702+0.5 * 0-4.704
-0-0)/2.29696
=-0.94

* 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.


DATATRAK International Accounts Receivable Related Terms

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DATATRAK International (DATATRAK International) Business Description

Traded in Other Exchanges
N/A
Address
3690 Orange Place, Suite 375, Beachwood, OH, USA, 44122
DATATRAK International Inc is a technology and services company that delivers eClinical solutions for the clinical trials industry. The services provided by the company include training services, cloud delivery, a learning center, trial design services, and others. The clinical solutions provided by the company include CTMS, EDC and Medical Coding, Risk-Based Monitoring, Randomization, and Medical Imaging Capture, and Training.
Executives
Raymond J. Merk officer: VP of Finance,CFO & Treasurer C/O RPT REALTY, 31500 NORTHWESTERN HIGHWAY, SUITE 300, FARMINGTON HILLS MI 48334
Mark J Ratain director 5841 S MARYLAND AVE MC2115, CHICAGO IL 60637
Robert E Flaherty director 377 PLANTATION ST, WORCESTER MA 01605