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Global Payment Technologies (Global Payment Technologies) Accounts Receivable : $1.10 Mil (As of Jun. 2008)


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What is Global Payment Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Global Payment Technologies's accounts receivables for the quarter that ended in Jun. 2008 was $1.10 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Global Payment Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2008 was 26.42.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Global Payment Technologies's Net-Net Working Capital per share for the quarter that ended in Jun. 2008 was $-0.12.


Global Payment Technologies Accounts Receivable Historical Data

The historical data trend for Global Payment Technologies'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.

Global Payment Technologies Accounts Receivable Chart

Global Payment Technologies Annual Data
Trend Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.28 4.17 3.27 2.07 1.03

Global Payment Technologies Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 2.29 1.03 0.68 1.04 1.10

Global Payment Technologies Accounts Receivable Calculation

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


Global Payment Technologies 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.

Global Payment Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2008 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.103/3.809*91
=26.42

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

Global Payment Technologies's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2008 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)
=(0.648+0.75 * 1.103+0.5 * 3.409-4.124
-0.02-0)/7.72218
=-0.12

* 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.


Global Payment Technologies Accounts Receivable Related Terms

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Global Payment Technologies (Global Payment Technologies) Business Description

Traded in Other Exchanges
N/A
Address
170 Wilbur Place, Bohemia, NY, USA, 11716
Global Payment Technologies Inc designs, manufactures, sells and supports payment components internationally. GPT carries a full range of payment components and specialises in innovative note validation and payment components for the international Gaming, Vending, Parking and Kiosk industries. Its products can be product can be found in all Australian Casinos, Clubs, and Hotels.
Executives
Thomas Mcneill officer: Vice President, CFO & Secy 425B OSER AVE, HAUPPAUGE NY 11788
Henry Ellis director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen Katz 10 percent owner

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