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Hauppauge Digital (FRA:HPP) Accounts Receivable : €2.90 Mil (As of Mar. 2014)


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What is Hauppauge Digital Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Hauppauge Digital's accounts receivables for the quarter that ended in Mar. 2014 was €2.90 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Hauppauge Digital's Days Sales Outstanding for the quarter that ended in Mar. 2014 was 62.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Hauppauge Digital's Net-Net Working Capital per share for the quarter that ended in Mar. 2014 was €-0.65.


Hauppauge Digital Accounts Receivable Historical Data

The historical data trend for Hauppauge Digital'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.

Hauppauge Digital Accounts Receivable Chart

Hauppauge Digital Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.36 2.70 2.03 1.63

Hauppauge Digital 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 3.18 1.38 1.63 3.60 2.90

Hauppauge Digital Accounts Receivable Calculation

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


Hauppauge Digital 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.

Hauppauge Digital's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.901/4.228*91
=62.61

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

Hauppauge Digital'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)
=(1.056+0.75 * 2.901+0.5 * 6.013-12.845
-0-0)/10.1223
=-0.65

* 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.


Hauppauge Digital Accounts Receivable Related Terms

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Hauppauge Digital (FRA:HPP) Business Description

Traded in Other Exchanges
N/A
Address
909 Motor Parkway, Hauppauge, NY, USA, 11788
Hauppauge Digital Inc is a developer of analog and digital TV tuner and other products for the personal computer market. Its product portfolio covers USB TV tuners, HD video recorders, Internal TV tuners, Digital CableCARD tuners, Analog video capture products, European Digital TV Receivers and Digital media adapters, among others. The company has an international global presence.