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CanAm Coal (FRA:RHE) Accounts Receivable : €3.82 Mil (As of Sep. 2014)


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What is CanAm Coal Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CanAm Coal's accounts receivables for the quarter that ended in Sep. 2014 was €3.82 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CanAm Coal's Days Sales Outstanding for the quarter that ended in Sep. 2014 was 29.65.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CanAm Coal's Net-Net Working Capital per share for the quarter that ended in Sep. 2014 was €-0.14.


CanAm Coal Accounts Receivable Historical Data

The historical data trend for CanAm Coal'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.

CanAm Coal Accounts Receivable Chart

CanAm Coal Annual Data
Trend Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Dec12 Dec13
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.17 0.18 4.49 4.57

CanAm Coal Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 4.87 4.57 3.79 3.48 3.82

CanAm Coal Accounts Receivable Calculation

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


CanAm Coal 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.

CanAm Coal's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3.817/11.748*91
=29.65

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

CanAm Coal's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(0.28+0.75 * 3.817+0.5 * 3.947-39.241
-0-3.921)/273.45
=-0.14

* 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.


CanAm Coal Accounts Receivable Related Terms

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CanAm Coal (FRA:RHE) Business Description

Traded in Other Exchanges
N/A
Address
1201-5th Street S W, Suite 202, Calgary, AB, CAN, T2R 0Y6
CanAm Coal Corp acquires, explores and develops coal resources and resource related technologies. It owns and operates coal mines in Alabama. It also evaluates on an ongoing basis other coal and related opportunities.

CanAm Coal (FRA:RHE) Headlines