Thermic Sciences International (Thermic Sciences International) Accounts Receivable : $0.00 Mil (As of Mar. 2013)

View and export this data going back to . Start your Free Trial

What is Thermic Sciences International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Thermic Sciences International's accounts receivables for the quarter that ended in Mar. 2013 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Thermic Sciences International's Net-Net Working Capital per share for the quarter that ended in Mar. 2013 was $-0.02.

Thermic Sciences International Accounts Receivable Historical Data

The historical data trend for Thermic Sciences 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.

Thermic Sciences International Accounts Receivable Chart

Thermic Sciences International Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Accounts Receivable

Get a 7-Day Free Trial

Thermic Sciences International Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Accounts Receivable	Get a 7-Day Free Trial															-	-	-	-	-

Thermic Sciences International Accounts Receivable Calculation

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

Thermic Sciences 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.

Thermic Sciences International's Days Sales Outstanding for the quarter that ended in Mar. 2013 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	0	*	91
=

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

Thermic Sciences International's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2013 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	+	0.75 * 0	+	0.5 * 0	-	1.494
-	0	-	0)	/	86.8786
=	-0.02

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.

Thermic Sciences International Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Thermic Sciences International's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.