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FTE Networks (FTE Networks) Accounts Receivable : $54.3 Mil (As of Sep. 2018)


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What is FTE Networks Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FTE Networks's accounts receivables for the quarter that ended in Sep. 2018 was $54.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FTE Networks's Days Sales Outstanding for the quarter that ended in Sep. 2018 was 53.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FTE Networks's Net-Net Working Capital per share for the quarter that ended in Sep. 2018 was $-15.32.


FTE Networks Accounts Receivable Historical Data

The historical data trend for FTE Networks'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.

FTE Networks Accounts Receivable Chart

FTE Networks Annual Data
Trend Jun06 Jun07 Sep08 Sep09 Sep10 Sep11 Sep14 Sep15 Dec16 Dec17
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 2.17 1.30 1.85 52.68

FTE Networks Quarterly Data
Dec11 Mar12 Jun12 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 51.79 52.68 58.13 52.74 54.34

FTE Networks Accounts Receivable Calculation

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


FTE Networks 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.

FTE Networks's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=54.335/92.224*91
=53.76

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

FTE Networks's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2018 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)
=(5.722+0.75 * 54.335+0.5 * 0-164.442
-0-0)/7.69925
=-15.32

* 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.


FTE Networks Accounts Receivable Related Terms

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FTE Networks (FTE Networks) Business Description

Traded in Other Exchanges
N/A
Address
237 West 35th Street, Suite 806, New York, NY, USA, 34108
FTE Networks Inc is a US-based company which acts as a provider of international and regional telecommunications and technology systems and infrastructure services. It also offers managed information technology, telecommunications services, subscriber-based services and staffing solutions through its wholly-owned subsidiaries. The services provided by the company include engineering consulting, design, installation, maintenance, and emergency response in various categories including cabling, equipment installation and configuration, rack and stack, wiring build-outs, infrastructure build-outs, fiber cable splicing and testing. The company manages its business into two segments namely Telecommunication and Staffing. The majority of the company's revenue comes from Telecommunication segment.
Executives
Irv Rothman director 3000 HANOVER STREET, PALO ALTO CA 94304
James E. Shiah director 2 PARK AVENUE, NEW YORK NY 10016
Christopher Ferguson director 1866 LEITHSVILLE ROAD, SUITE 223, HALLERTOWN PA 18055
Michael Palleschi director, officer: Chief Executive Officer 1464 PALMA BLANCA CT., NAPLES FL 34119
Henderson J Sherman Iii director PO BOX 34749, LOUISVILLE KY 40232
Richard C Mills officer: President C/O POMEROY COMPUTER RESOURCES INC, 1020 PETERSBURG ROAD, HEBRON KY 41048