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Ecologix Resource Group (Ecologix Resource Group) Accounts Receivable : $0.00 Mil (As of Sep. 2010)


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What is Ecologix Resource Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ecologix Resource Group's accounts receivables for the quarter that ended in Sep. 2010 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. Ecologix Resource Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2010 was $-0.02.


Ecologix Resource Group Accounts Receivable Historical Data

The historical data trend for Ecologix Resource Group'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.

Ecologix Resource Group Accounts Receivable Chart

Ecologix Resource Group Annual Data
Trend Dec07 Dec08 Dec09
Accounts Receivable
- - -

Ecologix Resource Group Quarterly Data
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 - - - 0.04 -

Ecologix Resource Group Accounts Receivable Calculation

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


Ecologix Resource Group 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.

Ecologix Resource Group's Days Sales Outstanding for the quarter that ended in Sep. 2010 is calculated as:

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

Ecologix Resource Group'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)
=(0.026+0.75 * 0+0.5 * 0-11.341
-0-0)/512
=-0.02

* 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.


Ecologix Resource Group Accounts Receivable Related Terms

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Ecologix Resource Group (Ecologix Resource Group) Business Description

Traded in Other Exchanges
N/A
Address
9903 Santa Monica Boulevard, Suite 918, Beverly Hills, CA, USA, 90212
Website
Ecologix Resource Group Inc is a natural resource company engaged in the harvesting, and marketing of quality timber while pursuing the production of alternative energy solutions.

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