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Gerova Financial Group (Gerova Financial Group) Accounts Receivable : $0.00 Mil (As of Jun. 2009)


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What is Gerova Financial Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Gerova Financial Group's accounts receivables for the quarter that ended in Jun. 2009 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Gerova Financial Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2009 was $-16.41.


Gerova Financial Group Accounts Receivable Historical Data

The historical data trend for Gerova Financial Group'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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Gerova Financial Group Accounts Receivable Chart

Gerova Financial Group Annual Data
Trend Dec07 Dec08 Dec09
Accounts Receivable
- - -

Gerova Financial Group Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Dec09
Accounts Receivable Get a 7-Day Free Trial Premium Member Only - - - - -

Gerova Financial Group Accounts Receivable Calculation

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


Gerova Financial Group 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.

Gerova Financial Group's Days Sales Outstanding for the quarter that ended in Jun. 2009 is calculated as:

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

Gerova Financial Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2009 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)
=(0.031+0.75 * 0+0.5 * 0-45.987
-0.001-0)/2.8
=-16.41

* 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.


Gerova Financial Group Accounts Receivable Related Terms

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Gerova Financial Group (Gerova Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
Cumberland House, 5th Floor, 1 Victoria Street, Hamilton, BMU, HM 11
Website
Gerova Financial Group Ltd is an international reinsurance company focused on the life and annuity reinsurance markets, in addition to a niche property and causality business.

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