GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » ForU Holdings Inc (OTCPK:FORU) » Definitions » Accounts Receivable

ForU Holdings (ForU Holdings) Accounts Receivable : $0.01 Mil (As of Sep. 2011)


View and export this data going back to 2009. Start your Free Trial

What is ForU Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ForU Holdings's accounts receivables for the quarter that ended in Sep. 2011 was $0.01 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. ForU Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2011 was $-2.63.


ForU Holdings Accounts Receivable Historical Data

The historical data trend for ForU Holdings'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.

ForU Holdings Accounts Receivable Chart

ForU Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10
Accounts Receivable
- 0.05 - -

ForU Holdings Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 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 - - - - 0.01

ForU Holdings Accounts Receivable Calculation

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


ForU Holdings 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.

ForU Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.01/0*91
=

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

ForU Holdings'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)
=(0.004+0.75 * 0.01+0.5 * 0-6.771
-0-0)/2.57368
=-2.63

* 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.


ForU Holdings Accounts Receivable Related Terms

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


ForU Holdings (ForU Holdings) Business Description

Traded in Other Exchanges
N/A
Address
117 S. Cook Street, Suite 184, Barrington, IL, USA, 60010
Website
ForU Holdings Inc is operating in the health and wellness space. The Company offers solutions for better physical, nutritional and emotional health worldwide.
Executives
Tad M Ballantyne director, officer: CEO 5118 HUNT CLUB ROAD, RACINE WI 53402

ForU Holdings (ForU Holdings) Headlines

No Headlines