Greenbelt Resources (Greenbelt Resources) Accounts Receivable : $0.13 Mil (As of Mar. 2016)

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What is Greenbelt Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Greenbelt Resources's accounts receivables for the quarter that ended in Mar. 2016 was $0.13 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Greenbelt Resources's Days Sales Outstanding for the quarter that ended in Mar. 2016 was 206.51.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Greenbelt Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2016 was $-0.00.

Greenbelt Resources Accounts Receivable Historical Data

The historical data trend for Greenbelt Resources'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.

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Greenbelt Resources Accounts Receivable Chart

Greenbelt Resources Annual Data

Trend

Accounts Receivable

Greenbelt Resources Quarterly Data
	Sep13	Sep14	Mar15	Mar16
Accounts Receivable	-	0.09	-	0.13

Greenbelt Resources Accounts Receivable Calculation

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

Greenbelt Resources 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.

Greenbelt Resources's Days Sales Outstanding for the quarter that ended in Mar. 2016 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.129	/	0.057	*	91
=	206.51

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

Greenbelt Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2016 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)
=	(0.014	+	0.75 * 0.129	+	0.5 * 0	-	0.472
-	0.01	-	0)	/	286.531
=	-0.00

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.

Greenbelt Resources Accounts Receivable Related Terms

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Greenbelt Resources (Greenbelt Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greenbelt Resources Corp (OTCPK:GRCO) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

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Address

3773 Howard Hughes Parkway, Suite 500S, Las Vegas, NV, USA, 86169-6014

Website

http://www.greenbeltresources.com

Greenbelt Resources Corp is a provider of a sustainable energy production system. The company designs, manufactures, operates and sells modular systems that recycle food wastes and beverage wastes into sellable products. Products produced include ultra-low carbon advanced biofuel, fertilizer, animal feed, electricity and filtered and distilled water. Its solutions include Organic Waste Recycling System and Energy Efficient Ethanol Dehydration.

Greenbelt Resources (Greenbelt Resources) Headlines

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