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Electronic Control Security (Electronic Control Security) Accounts Receivable : $0.59 Mil (As of Mar. 2014)


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What is Electronic Control Security Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Electronic Control Security's accounts receivables for the quarter that ended in Mar. 2014 was $0.59 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Electronic Control Security's Days Sales Outstanding for the quarter that ended in Mar. 2014 was 703.59.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Electronic Control Security's Net-Net Working Capital per share for the quarter that ended in Mar. 2014 was $-0.14.


Electronic Control Security Accounts Receivable Historical Data

The historical data trend for Electronic Control Security'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.

Electronic Control Security Accounts Receivable Chart

Electronic Control Security Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.93 1.06 0.88 0.59

Electronic Control Security Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 0.81 0.59 0.62 0.59 0.59

Electronic Control Security Accounts Receivable Calculation

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


Electronic Control Security 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.

Electronic Control Security's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.586/0.076*91
=703.59

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

Electronic Control Security's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2014 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)
=(0.001+0.75 * 0.586+0.5 * 1.855-3.635
-0.003-0)/15.8666
=-0.14

* 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.


Electronic Control Security Accounts Receivable Related Terms

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Electronic Control Security (Electronic Control Security) Business Description

Traded in Other Exchanges
N/A
Address
790 Bloomfield Avenue, Building C-1, Clifton, NJ, USA, 07012
Electronic Control Security Inc is a single source security technology provider. It designs, manufactures, and supplies standalone and fully integrated state-of-the-art entry control and perimeter intrusion detection systems for the Department of Defense, Department of Energy, nuclear power stations, and various international customers. ECSI designs and interfaces commercial-off-the-shelf hardware, offering systems that are cost-effective and flexible to achieve a secure and normal environment for a facility. Its products are Advanced Radar Technologies; Water Infrastructure Sensing Equipment; Flight Line Security and Others.
Executives
Stephen Rossetti director 5408 DUVALL DR, BETHESDA MD 20816-1872
Gordon E Fornell director
Norman J Barta director C/O NEPHROS, INC., 3960 BROADWAY, NEW YORK NY 10032

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