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Foodfest International 2000 (Foodfest International 2000) Accounts Receivable : $1.24 Mil (As of Sep. 2011)


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What is Foodfest International 2000 Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Foodfest International 2000's accounts receivables for the quarter that ended in Sep. 2011 was $1.24 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Foodfest International 2000's Days Sales Outstanding for the quarter that ended in Sep. 2011 was 33.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Foodfest International 2000's Net-Net Working Capital per share for the quarter that ended in Sep. 2011 was $-0.07.


Foodfest International 2000 Accounts Receivable Historical Data

The historical data trend for Foodfest International 2000'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.

Foodfest International 2000 Accounts Receivable Chart

Foodfest International 2000 Annual Data
Trend Oct06 Oct07 Oct08 Oct09
Accounts Receivable
0.03 0.36 0.54 -

Foodfest International 2000 Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Dec10 Mar11 Jun11 Sep11
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 - 1.54 2.16 1.56 1.24

Foodfest International 2000 Accounts Receivable Calculation

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


Foodfest International 2000 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.

Foodfest International 2000's Days Sales Outstanding for the quarter that ended in Sep. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.242/3.401*91
=33.32

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Foodfest International 2000's accounts receivable are only considered to be worth 75% of book value:

Foodfest International 2000's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2011 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 * 1.242+0.5 * 2.06-5.834
-0-0)/52.3508
=-0.07

* 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.


Foodfest International 2000 Accounts Receivable Related Terms

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Foodfest International 2000 (Foodfest International 2000) Business Description

Traded in Other Exchanges
N/A
Address
1016 9th Street, Coronado, CA, USA, 92118
Foodfest International 2000 Inc currently has no operations.

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