FSCR (Federal Screw Works) Accounts Receivable: $13.46 Mil (As of Dec. 2004)

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What is Federal Screw Works Accounts Receivable?

Federal Screw Works FSCR Accounts Receivable is $13.46 Mil as of Dec. 2004.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Federal Screw Works's accounts receivables for the quarter that ended in Dec. 2004 was $13.46 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Federal Screw Works's Days Sales Outstanding for the quarter that ended in Dec. 2004 was 60.05.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Federal Screw Works's Net-Net Working Capital per share for the quarter that ended in Dec. 2004 was $-23.86.

Federal Screw Works 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.

Federal Screw Works's Days Sales Outstanding for the quarter that ended in Dec. 2004 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=13.461/20.455*91
=60.05

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

Federal Screw Works's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2004 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)
=(0.142+0.75 * 13.461+0.5 * 17.233-51.846
-0-0)/1.383
=-23.86

* 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.

Federal Screw Works Accounts Receivable Related Terms

Federal Screw Works Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Federal Screw Works'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.

Federal Screw Works Accounts Receivable Chart

Federal Screw Works Annual Data
Trend Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 13.83 14.97 14.10 15.24

Federal Screw Works Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
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 12.69 16.29 15.24 15.17 13.46

Federal Screw Works Accounts Receivable Calculation

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

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $13.46 Mil mean?
Federal Screw Works (FSCR) has a Accounts Receivable of $13.46 Mil as of Dec. 2004. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Federal Screw Works and its competitors.
Is Federal Screw Works' Accounts Receivable too high?
Federal Screw Works' current Accounts Receivable is $13.46 Mil.
How does Federal Screw Works' Accounts Receivable compare to PAOS and PFIN?
Federal Screw Works' Accounts Receivable of $13.46 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Industrial Products company?
A good Accounts Receivable depends on the Industrial Products industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Federal Screw Works and its competitors. Federal Screw Works's current Accounts Receivable is $13.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Screw Works stock overvalued right now?
Federal Screw Works (FSCR) has a current Accounts Receivable of $13.46 Mil. The current Accounts Receivable is $13.46 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Federal Screw Works (FSCR), the current Accounts Receivable is $13.46 Mil as of Dec. 2004. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Federal Screw Works Business Description

Address 34846 Goddard Road, Romulus, MI, USA, 48174
Federal Screw Works operates as the manufacturer and marketer of industrial component parts. The group offers parts such as locknuts, bolts, piston pins, studs, bushings, shafts, and other machined, cold-formed, hardened, and ground metal parts, which are served by the automobile industry. Its component is used in the products of cold-formed and machined pins and products, close tolerance machined products, engineered nut products, cold-formed tooling, and complex cold-formed products. Geographically all the operations function through the United States.